Insider Selling: Criteo S.A. (NASDAQ:CRTO) Insider Sells $115,838.25 in Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 3,135 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $36.95, for a total value of $115,838.25. Following the completion of the transaction, the insider now owns 139,085 shares of the company’s stock, valued at $5,139,190.75. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Criteo Stock Up 0.0 %

CRTO stock opened at $37.99 on Friday. Criteo S.A. has a twelve month low of $25.63 and a twelve month high of $49.93. The firm has a market capitalization of $2.10 billion, a PE ratio of 25.84 and a beta of 1.06. The stock has a 50-day simple moving average of $40.13 and a two-hundred day simple moving average of $41.55.

Institutional Trading of Criteo

A number of hedge funds and other institutional investors have recently bought and sold shares of CRTO. Charles Schwab Investment Management Inc. grew its position in shares of Criteo by 80.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 48,395 shares of the information services provider’s stock valued at $1,947,000 after purchasing an additional 21,509 shares in the last quarter. Seizert Capital Partners LLC purchased a new position in Criteo during the third quarter worth about $1,405,000. Stifel Financial Corp increased its stake in Criteo by 263.5% in the 3rd quarter. Stifel Financial Corp now owns 20,786 shares of the information services provider’s stock worth $836,000 after acquiring an additional 15,067 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Criteo by 31.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 337,880 shares of the information services provider’s stock valued at $13,596,000 after acquiring an additional 80,424 shares in the last quarter. Finally, Barclays PLC boosted its position in shares of Criteo by 40.6% during the 3rd quarter. Barclays PLC now owns 6,186 shares of the information services provider’s stock valued at $249,000 after acquiring an additional 1,787 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CRTO. Wells Fargo & Company decreased their price objective on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 16th. DA Davidson lowered their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Benchmark reissued a “buy” rating and set a $51.00 price objective on shares of Criteo in a report on Tuesday, November 19th. StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a research note on Friday. Finally, Susquehanna decreased their price objective on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Criteo presently has an average rating of “Moderate Buy” and an average target price of $49.89.

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.