Sarah Js Glickman Sells 1,520 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 1,520 shares of Criteo stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $61,347.20. Following the completion of the sale, the chief financial officer now directly owns 311,878 shares in the company, valued at $12,587,396.08. This represents a 0.49 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sarah Js Glickman also recently made the following trade(s):

• On Wednesday, October 23rd, Sarah Js Glickman sold 5,442 shares of Criteo stock. The stock was sold at an average price of $40.60, for a total transaction of $220,945.20.

Criteo Stock Performance

Shares of NASDAQ CRTO traded up $1.55 during mid-day trading on Tuesday, reaching $41.57. 375,705 shares of the company’s stock were exchanged, compared to its average volume of 377,014. The company’s 50-day moving average is $39.34 and its 200-day moving average is $40.83. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 27.82 and a beta of 1.02. Criteo S.A. has a 52-week low of $23.87 and a 52-week high of $49.93.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. O Shaughnessy Asset Management LLC purchased a new stake in shares of Criteo in the 1st quarter valued at approximately $231,000. Quadrature Capital Ltd purchased a new stake in Criteo in the first quarter valued at approximately $213,000. Cetera Advisors LLC purchased a new stake in Criteo in the first quarter valued at approximately $424,000. GAMMA Investing LLC lifted its stake in Criteo by 67.3% during the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock worth $28,000 after purchasing an additional 297 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its position in shares of Criteo by 64.0% during the second quarter. QRG Capital Management Inc. now owns 15,000 shares of the information services provider’s stock worth $566,000 after buying an additional 5,854 shares during the period. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on CRTO. BMO Capital Markets raised their price target on shares of Criteo from $45.00 to $55.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Macquarie boosted their target price on Criteo from $45.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Benchmark reaffirmed a “buy” rating and issued a $51.00 price target on shares of Criteo in a report on Tuesday, November 19th. KeyCorp lowered Criteo from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 30th. Finally, DA Davidson dropped their target price on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Criteo has a consensus rating of “Moderate Buy” and a consensus target price of $50.67.

About Criteo

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.