Sarah Js Glickman Sells 5,504 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 5,504 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The shares were 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 of the company’s stock, valued at approximately $11,584,012.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 shares were sold at an average price of $32.69, for a total transaction of $315,556.57.

Criteo Trading Up 3.8 %

CRTO opened at $36.96 on Thursday. The company’s 50 day moving average is $34.03 and its 200-day moving average is $28.73. The company has a market cap of $2.04 billion, a P/E ratio of 41.53 and a beta of 0.95. Criteo S.A. has a 1-year low of $22.10 and a 1-year high of $37.38.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. DA Davidson lifted their price target on shares of Criteo from $27.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, March 4th. BMO Capital Markets upped their target price on Criteo from $28.00 to $31.00 and gave the company a “market perform” rating in a research report on Thursday, February 8th. TheStreet upgraded Criteo from a “c” rating to a “b-” rating in a research report on Friday, February 9th. Susquehanna upped their price objective on shares of Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. Finally, StockNews.com upgraded shares of Criteo from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.11.

Hedge Funds Weigh In On Criteo

A number of institutional investors and hedge funds have recently bought and sold shares of CRTO. Robeco Institutional Asset Management B.V. grew its holdings in shares of Criteo by 13.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 10,528 shares of the information services provider’s stock worth $307,000 after purchasing an additional 1,248 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in Criteo during the 3rd quarter worth approximately $15,306,000. Jump Financial LLC bought a new stake in Criteo during the 3rd quarter worth approximately $683,000. VELA Investment Management LLC increased its position in Criteo by 83.4% in the 3rd quarter. VELA Investment Management LLC now owns 81,525 shares of the information services provider’s stock valued at $2,381,000 after acquiring an additional 37,074 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Criteo during the third quarter valued at $394,000. Institutional investors and hedge funds own 94.27% of the company’s stock.

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.