Insider Selling: Criteo S.A. (NASDAQ:CRTO) CFO Sells $61,347.20 in Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 1,520 shares of the firm’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $40.36, for a total transaction of $61,347.20. Following the completion of the transaction, the chief financial officer now directly owns 311,878 shares in the company, valued at approximately $12,587,396.08. This represents a 0.49 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Wednesday, October 23rd, Sarah Js Glickman sold 5,442 shares of Criteo stock. The stock was sold at an average price of $40.60, for a total value of $220,945.20.

Criteo Price Performance

Criteo stock opened at $42.34 on Friday. The company has a market cap of $2.34 billion, a P/E ratio of 28.80 and a beta of 1.02. Criteo S.A. has a fifty-two week low of $23.87 and a fifty-two week high of $49.93. The firm’s 50 day simple moving average is $39.32 and its 200-day simple moving average is $40.86.

Analyst Ratings Changes

A number of equities analysts have commented on CRTO shares. Wells Fargo & Company assumed coverage on shares of Criteo in a research report on Monday, October 28th. They issued an “overweight” rating and a $70.00 price objective for the company. DA Davidson reduced their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. JPMorgan Chase & Co. boosted their price objective on Criteo from $40.00 to $50.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, BMO Capital Markets boosted their price target on Criteo from $45.00 to $55.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Criteo presently has an average rating of “Moderate Buy” and a consensus target price of $50.67.

Hedge Funds Weigh In On Criteo

Several institutional investors and hedge funds have recently added to or reduced their stakes in CRTO. Alpha DNA Investment Management LLC acquired a new stake in shares of Criteo in the second quarter worth $473,000. Seizert Capital Partners LLC purchased a new stake in Criteo in the 3rd quarter worth about $1,405,000. Inspire Investing LLC acquired a new stake in Criteo during the 2nd quarter worth about $819,000. SG Americas Securities LLC purchased a new position in Criteo during the 2nd quarter valued at about $248,000. Finally, Congress Asset Management Co. acquired a new position in shares of Criteo in the 3rd quarter valued at about $48,653,000. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

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.