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

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 5,504 shares of the company’s stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $35.40, for a total value 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 $11,584,012.80. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

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 value of $315,556.57.

Criteo Stock Performance

Shares of CRTO opened at $35.61 on Wednesday. Criteo S.A. has a 52-week low of $22.10 and a 52-week high of $36.75. The stock has a 50 day simple moving average of $33.95 and a 200 day simple moving average of $28.68. The firm has a market capitalization of $1.97 billion, a PE ratio of 40.01 and a beta of 0.95.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.30. Criteo had a return on equity of 10.42% and a net margin of 2.73%. The firm had revenue of $316.38 million during the quarter, compared to the consensus estimate of $300.35 million. Equities research analysts predict that Criteo S.A. will post 2.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Criteo

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

Analyst Ratings Changes

A number of analysts have recently commented on CRTO shares. Wells Fargo & Company raised Criteo from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $28.00 to $41.00 in a research note on Thursday, February 8th. TheStreet raised Criteo from a “c” rating to a “b-” rating in a research note on Friday, February 9th. JPMorgan Chase & Co. boosted their price objective on Criteo from $27.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. StockNews.com upgraded Criteo from a “buy” rating to a “strong-buy” rating in a research report on Thursday, February 8th. Finally, Susquehanna boosted their price objective on Criteo from $26.00 to $33.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. Five equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $36.11.

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.