Criteo S.A. (NASDAQ:CRTO) CFO Sells $194,841.60 in Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 5,504 shares of the stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $35.40, for a total transaction of $194,841.60. Following the completion of the sale, the chief financial officer now directly owns 327,232 shares in the company, valued at $11,584,012.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

• On Monday, February 26th, Sarah Js Glickman sold 9,653 shares of Criteo stock. The stock was sold at an average price of $32.69, for a total transaction of $315,556.57.

Criteo Price Performance

Shares of CRTO opened at $35.61 on Wednesday. The firm’s 50 day simple moving average is $33.95 and its 200 day simple moving average is $28.68. The company has a market capitalization of $1.97 billion, a P/E ratio of 40.01 and a beta of 0.95. Criteo S.A. has a 1-year low of $22.10 and a 1-year high of $36.75.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.30. Criteo had a net margin of 2.73% and a return on equity of 10.42%. The business had revenue of $316.38 million for the quarter, compared to analysts’ expectations of $300.35 million. On average, equities analysts anticipate that Criteo S.A. will post 2.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mather Group LLC. bought a new position in Criteo during the first quarter valued at approximately $48,000. Orchard Capital Management LLC grew its position in Criteo by 3.2% during the fourth quarter. Orchard Capital Management LLC now owns 453,896 shares of the information services provider’s stock valued at $11,493,000 after acquiring an additional 14,281 shares during the last quarter. Barometer Capital Management Inc. bought a new position in Criteo during the fourth quarter valued at approximately $119,000. Cadian Capital Management LP grew its position in Criteo by 70.4% during the fourth quarter. Cadian Capital Management LP now owns 4,239,314 shares of the information services provider’s stock valued at $107,339,000 after acquiring an additional 1,751,511 shares during the last quarter. Finally, Pale Fire Capital SE bought a new position in Criteo during the fourth quarter valued at approximately $443,000. 94.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on CRTO. StockNews.com raised shares of Criteo from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. JPMorgan Chase & Co. increased their price target on shares of Criteo from $27.00 to $31.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. Susquehanna increased their price target on shares of Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a report on Thursday, February 8th. DA Davidson increased their price target on shares of Criteo from $27.00 to $35.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. Finally, BMO Capital Markets raised their target price on shares of Criteo from $28.00 to $31.00 and gave the company a “market perform” rating in a research note on Thursday, February 8th. Five equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Criteo has a consensus rating of “Moderate Buy” and an average target price of $36.11.

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.