Criteo S.A. (NASDAQ:CRTO) Insider Brian Gleason Sells 2,841 Shares

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 2,841 shares of the stock in a transaction dated Monday, April 28th. The stock was sold at an average price of $33.89, for a total transaction of $96,281.49. Following the transaction, the insider now owns 157,450 shares in the company, valued at approximately $5,335,980.50. The trade was a 1.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Brian Gleason also recently made the following trade(s):

• On Friday, January 31st, Brian Gleason sold 1,924 shares of Criteo stock. The shares were sold at an average price of $38.08, for a total transaction of $73,265.92.

Criteo Stock Up 0.7 %

Criteo stock opened at $34.46 on Wednesday. The stock has a 50-day moving average price of $34.37 and a 200 day moving average price of $38.09. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 20.51 and a beta of 0.74. Criteo S.A. has a 52 week low of $27.46 and a 52 week high of $49.93.

Criteo (NASDAQ:CRTO) last released its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Research analysts anticipate that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Criteo

Institutional investors and hedge funds have recently modified their holdings of the stock. Alliancebernstein L.P. lifted its holdings in Criteo by 38.3% in the fourth quarter. Alliancebernstein L.P. now owns 3,796,975 shares of the information services provider’s stock valued at $150,208,000 after acquiring an additional 1,052,126 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in Criteo by 41,776.0% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 994,555 shares of the information services provider’s stock worth $39,348,000 after buying an additional 992,180 shares in the last quarter. Senvest Management LLC grew its position in Criteo by 25.7% during the fourth quarter. Senvest Management LLC now owns 3,639,479 shares of the information services provider’s stock valued at $143,978,000 after buying an additional 743,695 shares during the period. Cadian Capital Management LP increased its holdings in Criteo by 38.2% in the fourth quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider’s stock valued at $102,236,000 after buying an additional 713,785 shares in the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Criteo by 4,200.9% in the fourth quarter. Schroder Investment Management Group now owns 572,790 shares of the information services provider’s stock worth $22,493,000 after acquiring an additional 559,472 shares during the period. Institutional investors and hedge funds own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

CRTO has been the topic of several research reports. BMO Capital Markets lifted their price objective on shares of Criteo from $48.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Stifel Nicolaus cut their price target on Criteo from $61.00 to $46.00 and set a “buy” rating on the stock in a report on Wednesday, April 23rd. DA Davidson upped their price objective on Criteo from $53.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, February 5th. Wells Fargo & Company reiterated an “equal weight” rating on shares of Criteo in a research note on Friday. Finally, StockNews.com lowered shares of Criteo from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Criteo presently has a consensus rating of “Hold” and a consensus price target of $49.64.

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.