Criteo S.A. (NASDAQ:CRTO) Insider Sells $116,438.60 in Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,885 shares of Criteo stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the transaction, the insider now directly owns 118,334 shares in the company, valued at $4,775,960.24. This trade represents a 2.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Criteo Stock Performance

CRTO stock traded up $1.55 on Tuesday, reaching $41.57. The company’s stock had a trading volume of 375,705 shares, compared to its average volume of 377,014. The business has a fifty day simple moving average of $39.34 and a two-hundred day simple moving average of $40.83. The firm has a market cap of $2.29 billion, a PE ratio of 27.82 and a beta of 1.02. Criteo S.A. has a 12-month low of $23.87 and a 12-month high of $49.93.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Criteo from $40.00 to $50.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd. DA Davidson decreased their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Susquehanna reduced their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Finally, KeyCorp downgraded Criteo from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, July 30th. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Criteo presently has a consensus rating of “Moderate Buy” and an average target price of $50.67.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Criteo by 67.3% in the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider’s stock worth $28,000 after purchasing an additional 297 shares in the last quarter. Assetmark Inc. grew its position in shares of Criteo by 8.2% in the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider’s stock worth $226,000 after buying an additional 424 shares during the period. QRG Capital Management Inc. increased its stake in shares of Criteo by 3.5% in the 3rd quarter. QRG Capital Management Inc. now owns 15,518 shares of the information services provider’s stock worth $624,000 after acquiring an additional 518 shares in the last quarter. Geode Capital Management LLC lifted its position in Criteo by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider’s stock valued at $1,978,000 after acquiring an additional 518 shares during the period. Finally, Waterfront Wealth Inc. boosted its stake in Criteo by 1.2% during the second quarter. Waterfront Wealth Inc. now owns 58,280 shares of the information services provider’s stock worth $2,198,000 after acquiring an additional 686 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Criteo Company Profile

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.