Sarah Js Glickman Sells 5,654 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO – Get Rating) CFO Sarah Js Glickman sold 5,654 shares of the firm’s stock in a transaction on Monday, January 23rd. The stock was sold at an average price of $28.95, for a total value of $163,683.30. Following the sale, the chief financial officer now owns 198,074 shares in the company, valued at approximately $5,734,242.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Criteo Trading Down 0.9 %

Criteo stock traded down $0.26 during midday trading on Tuesday, hitting $29.00. The stock had a trading volume of 283,733 shares, compared to its average volume of 261,322. The stock has a market cap of $1.75 billion, a P/E ratio of 15.90 and a beta of 0.80. Criteo S.A. has a 12 month low of $20.56 and a 12 month high of $36.94. The business has a fifty day moving average price of $26.60 and a 200 day moving average price of $26.31.

Criteo (NASDAQ:CRTO – Get Rating) last announced its quarterly earnings data on Friday, October 28th. The information services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.07). The firm had revenue of $213.38 million during the quarter, compared to the consensus estimate of $221.46 million. Criteo had a net margin of 5.60% and a return on equity of 13.20%. On average, equities analysts anticipate that Criteo S.A. will post 1.86 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CRTO. StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a report on Monday, December 12th. Morgan Stanley boosted their price objective on Criteo from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 18th. Citigroup started coverage on Criteo in a research note on Tuesday, December 13th. They set a “buy” rating and a $36.00 price objective on the stock. Finally, JPMorgan Chase & Co. reduced their price objective on Criteo from $30.00 to $28.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 25th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $37.29.

Institutional Trading of Criteo

Several hedge funds and other institutional investors have recently bought and sold shares of CRTO. Assetmark Inc. grew its holdings in shares of Criteo by 23.9% during the second quarter. Assetmark Inc. now owns 3,249 shares of the information services provider’s stock valued at $79,000 after purchasing an additional 627 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Criteo by 106.2% during the third quarter. Quadrant Capital Group LLC now owns 1,371 shares of the information services provider’s stock valued at $37,000 after purchasing an additional 706 shares during the last quarter. Standard Family Office LLC bought a new position in shares of Criteo during the third quarter valued at approximately $26,000. Wipfli Financial Advisors LLC bought a new position in shares of Criteo during the third quarter valued at approximately $26,000. Finally, River & Mercantile Asset Management LLP grew its holdings in shares of Criteo by 1.0% during the third quarter. River & Mercantile Asset Management LLP now owns 140,723 shares of the information services provider’s stock valued at $3,805,000 after purchasing an additional 1,420 shares during the last quarter. 88.25% of the stock is owned by institutional investors.

About Criteo

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Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and 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.