Brian Gleason Sells 3,135 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 3,135 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the transaction, the insider now directly owns 139,085 shares of the company’s stock, valued at approximately $5,139,190.75. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Criteo Price Performance

CRTO traded down $0.21 on Wednesday, reaching $38.35. 405,173 shares of the company’s stock were exchanged, compared to its average volume of 397,514. The stock has a market cap of $2.12 billion, a PE ratio of 26.09 and a beta of 1.06. Criteo S.A. has a twelve month low of $25.63 and a twelve month high of $49.93. The stock’s fifty day moving average price is $40.18 and its 200-day moving average price is $41.61.

Wall Street Analyst Weigh In

CRTO has been the subject of a number of recent research reports. DA Davidson reduced their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a research note on Thursday, October 31st. Wells Fargo & Company decreased their price target on Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. Benchmark reaffirmed a “buy” rating and set a $51.00 price objective on shares of Criteo in a research note on Tuesday, November 19th. StockNews.com cut shares of Criteo from a “buy” rating to a “hold” rating in a research note on Friday, January 17th. Finally, Susquehanna reduced their price objective on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.89.

Institutional Investors Weigh In On Criteo

A number of large investors have recently made changes to their positions in CRTO. USA Financial Formulas purchased a new position in Criteo during the third quarter worth approximately $31,000. Farther Finance Advisors LLC acquired a new position in shares of Criteo during the 3rd quarter valued at about $50,000. GAMMA Investing LLC grew 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 during the period. Point72 Asset Management L.P. increased its position in Criteo by 312.5% during the second quarter. Point72 Asset Management L.P. now owns 3,300 shares of the information services provider’s stock worth $124,000 after purchasing an additional 2,500 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in Criteo by 99.5% during the third quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider’s stock worth $139,000 after purchasing an additional 1,840 shares during the period. 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.