Criteo S.A. (NASDAQ:CRTO – Get Free Report) CFO Sarah Js Glickman sold 5,504 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $35.40, for a total value of $194,841.60. Following the sale, the chief financial officer now owns 327,232 shares of the company’s stock, valued at approximately $11,584,012.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Up 0.3 %
Shares of Criteo stock traded up $0.09 on Tuesday, hitting $35.61. The company’s stock had a trading volume of 182,151 shares, compared to its average volume of 254,402. The firm has a fifty day moving average price of $33.95 and a 200-day moving average price of $28.68. Criteo S.A. has a 52-week low of $22.10 and a 52-week high of $36.75. The company has a market capitalization of $1.97 billion, a P/E ratio of 39.72 and a beta of 0.95.
Institutional Investors Weigh In On Criteo
Large investors have recently bought and sold shares of the stock. Mather Group LLC. purchased a new stake in shares of Criteo during the first quarter worth about $48,000. Orchard Capital Management LLC lifted its stake in shares of Criteo by 3.2% during the 4th quarter. Orchard Capital Management LLC now owns 453,896 shares of the information services provider’s stock worth $11,493,000 after purchasing an additional 14,281 shares during the period. Barometer Capital Management Inc. acquired a new stake in shares of Criteo during the fourth quarter worth $119,000. Cadian Capital Management LP increased its stake in Criteo by 70.4% in the fourth quarter. Cadian Capital Management LP now owns 4,239,314 shares of the information services provider’s stock valued at $107,339,000 after purchasing an additional 1,751,511 shares during the last quarter. Finally, Pale Fire Capital SE acquired a new position in Criteo in the fourth quarter valued at $443,000. Institutional investors and hedge funds own 94.27% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on CRTO shares. BMO Capital Markets lifted their price objective on shares of Criteo from $28.00 to $31.00 and gave the company a “market perform” rating in a research report on Thursday, February 8th. Susquehanna lifted their target price on shares of Criteo from $26.00 to $33.00 and gave the company a “neutral” rating in a report on Thursday, February 8th. Wells Fargo & Company raised shares of Criteo from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $28.00 to $41.00 in a report on Thursday, February 8th. DA Davidson lifted their price objective on Criteo from $27.00 to $35.00 and gave the company a “neutral” rating in a report on Monday, March 4th. Finally, StockNews.com raised Criteo from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. Five analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $36.11.
View Our Latest Report on CRTO
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.
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