Criteo S.A. (NASDAQ:CRTO) Insider Ryan Damon Sells 2,885 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,885 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the transaction, the insider now directly owns 118,334 shares of the company’s stock, valued at approximately $4,775,960.24. This trade represents a 2.38 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Criteo Trading Up 3.9 %

Shares of NASDAQ CRTO opened at $41.57 on Wednesday. Criteo S.A. has a 12-month low of $23.87 and a 12-month high of $49.93. The stock has a market cap of $2.29 billion, a PE ratio of 27.82 and a beta of 1.02. The company has a 50-day moving average of $39.34 and a 200 day moving average of $40.83.

Institutional Trading of Criteo

Hedge funds have recently made changes to their positions in the company. Alpha DNA Investment Management LLC purchased a new stake in shares of Criteo in the 2nd quarter valued at approximately $473,000. Seizert Capital Partners LLC purchased a new stake in shares of Criteo in the 3rd quarter valued at approximately $1,405,000. Inspire Investing LLC acquired a new position in shares of Criteo in the 2nd quarter worth approximately $819,000. SG Americas Securities LLC acquired a new position in shares of Criteo in the 2nd quarter worth approximately $248,000. Finally, Congress Asset Management Co. acquired a new position in shares of Criteo in the 3rd quarter worth approximately $48,653,000. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Analysts Set New Price Targets

CRTO has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Criteo from $40.00 to $50.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. DA Davidson cut their price objective on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company started coverage on shares of Criteo in a research report on Monday, October 28th. They issued an “overweight” rating and a $70.00 target price on the stock. Finally, Benchmark reiterated a “buy” rating and issued a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average 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.