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 business’s stock in a transaction on 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 owns 327,232 shares in the company, valued at $11,584,012.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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 stock was sold at an average price of $32.69, for a total value of $315,556.57.

Criteo Trading Up 3.8 %

CRTO stock opened at $36.96 on Thursday. Criteo S.A. has a 1-year low of $22.10 and a 1-year high of $37.38. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 41.53 and a beta of 0.95. The company’s 50 day moving average is $34.03 and its 200 day moving average is $28.73.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, February 7th. The information services provider reported $1.24 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.30. Criteo had a net margin of 2.73% and a return on equity of 10.42%. The firm had revenue of $316.38 million for the quarter, compared to analysts’ expectations of $300.35 million. As a group, sell-side analysts forecast that Criteo S.A. will post 2.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on CRTO. Susquehanna increased their target price on shares of Criteo from $26.00 to $33.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. TheStreet upgraded Criteo from a “c” rating to a “b-” rating in a research report on Friday, February 9th. JPMorgan Chase & Co. raised their target price on Criteo from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. DA Davidson increased their price target on shares of Criteo from $27.00 to $35.00 and gave the stock a “neutral” rating in a report on Monday, March 4th. Finally, StockNews.com raised shares of Criteo from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. Five 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.11.

Institutional Investors Weigh In On Criteo

Several hedge funds have recently added to or reduced their stakes in CRTO. CenterBook Partners LP raised its holdings in shares of Criteo by 6.0% during the 3rd quarter. CenterBook Partners LP now owns 13,432 shares of the information services provider’s stock valued at $392,000 after buying an additional 766 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Criteo by 7.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,350 shares of the information services provider’s stock worth $287,000 after acquiring an additional 822 shares during the last quarter. Citigroup Inc. purchased a new stake in shares of Criteo in the 3rd quarter valued at $33,000. Mather Group LLC. bought a new position in shares of Criteo during the 1st quarter valued at $48,000. Finally, Black Creek Investment Management Inc. raised its position in Criteo by 5.3% in the 3rd quarter. Black Creek Investment Management Inc. now owns 39,733 shares of the information services provider’s stock worth $1,160,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 94.27% of the company’s stock.

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.