Criteo S.A. (NASDAQ:CRTO) Insider Sells $73,265.92 in Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 1,924 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the transaction, the insider now directly owns 137,161 shares of the company’s stock, valued at $5,223,090.88. This represents a 1.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Brian Gleason also recently made the following trade(s):

• On Tuesday, January 28th, Brian Gleason sold 3,135 shares of Criteo stock. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25.

Criteo Stock Performance

Criteo stock traded down $0.37 during mid-day trading on Monday, reaching $37.62. The stock had a trading volume of 518,888 shares, compared to its average volume of 413,966. The firm has a market capitalization of $2.08 billion, a PE ratio of 25.59 and a beta of 1.05. The stock’s 50-day simple moving average is $40.13 and its 200-day simple moving average is $41.57. Criteo S.A. has a fifty-two week low of $25.75 and a fifty-two week high of $49.93.

Analyst Ratings Changes

Several brokerages recently weighed in on CRTO. Benchmark reissued a “buy” rating and issued a $51.00 price objective on shares of Criteo in a research note on Tuesday, November 19th. Susquehanna reduced their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a research report on Friday. Wells Fargo & Company reduced their target price on Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a report on Thursday, January 16th. Finally, DA Davidson lowered their price target 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. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Criteo currently has an average rating of “Moderate Buy” and a consensus target price of $49.89.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Point72 Asset Management L.P. lifted its position in Criteo by 312.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 3,300 shares of the information services provider’s stock valued at $124,000 after acquiring an additional 2,500 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Criteo in the second quarter worth approximately $1,327,000. Handelsbanken Fonder AB raised its stake in shares of Criteo by 17.7% in the third quarter. Handelsbanken Fonder AB now owns 13,300 shares of the information services provider’s stock worth $535,000 after purchasing an additional 2,000 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Criteo by 117.8% in the third quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider’s stock valued at $65,000 after purchasing an additional 869 shares in the last quarter. Finally, USA Financial Formulas purchased a new position in shares of Criteo during the third quarter valued at approximately $31,000. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Criteo Company Profile

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.