Brian Gleason Sells 3,135 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 3,135 shares of the company’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total value of $115,838.25. Following the sale, the insider now owns 139,085 shares of the company’s stock, valued at $5,139,190.75. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Criteo Stock Down 0.8 %

Criteo stock opened at $37.98 on Friday. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 25.84 and a beta of 1.06. Criteo S.A. has a 52 week low of $25.63 and a 52 week high of $49.93. The business’s 50-day moving average price is $40.17 and its 200 day moving average price is $41.57.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wells Fargo & Company reduced their target price on Criteo from $66.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 16th. DA Davidson reduced their target price on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a research report on Friday. Benchmark reaffirmed a “buy” rating and set a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Finally, Susquehanna reduced their target price on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $49.89.

Institutional Trading of Criteo

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Senvest Management LLC grew its holdings in Criteo by 19.6% during the third quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock worth $116,526,000 after acquiring an additional 475,530 shares during the period. Whale Rock Capital Management LLC grew its holdings in Criteo by 230.1% during the third quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock worth $101,399,000 after acquiring an additional 1,756,507 shares during the period. Lord Abbett & CO. LLC grew its holdings in Criteo by 42.0% during the third quarter. Lord Abbett & CO. LLC now owns 1,853,068 shares of the information services provider’s stock worth $74,567,000 after acquiring an additional 547,718 shares during the period. Congress Asset Management Co. purchased a new position in Criteo during the third quarter worth approximately $48,653,000. Finally, BNP Paribas Financial Markets boosted its position in Criteo by 31.0% during the third quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider’s stock worth $17,602,000 after purchasing an additional 103,593 shares in the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.

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.