Criteo S.A. (NASDAQ:CRTO) Insider Brian Gleason Sells 1,924 Shares

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 1,924 shares of the firm’s stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $38.08, for a total value of $73,265.92. Following the transaction, the insider now directly owns 137,161 shares in the company, valued at approximately $5,223,090.88. This represents a 1.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Tuesday, January 28th, Brian Gleason sold 3,135 shares of Criteo stock. The shares were sold at an average price of $36.95, for a total value of $115,838.25.

Criteo Stock Performance

Shares of CRTO stock opened at $38.40 on Wednesday. The firm has a market cap of $2.12 billion, a P/E ratio of 26.12 and a beta of 1.05. The business’s 50 day moving average price is $40.02 and its 200-day moving average price is $41.54. Criteo S.A. has a fifty-two week low of $25.75 and a fifty-two week high of $49.93.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wells Fargo & Company reduced their price target 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 price target on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $51.00 price target on shares of Criteo in a research report on Tuesday. StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a research report on Friday, January 31st. Finally, Susquehanna reduced their price target 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 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 has an average rating of “Moderate Buy” and an average target price of $49.89.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. USA Financial Formulas purchased a new position in shares of Criteo in the 3rd quarter valued at approximately $31,000. Farther Finance Advisors LLC purchased a new position in shares of Criteo in the 3rd quarter valued at approximately $50,000. GAMMA Investing LLC lifted its stake in shares of Criteo by 117.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider’s stock valued at $65,000 after purchasing an additional 869 shares during the period. Point72 Asset Management L.P. lifted its stake in shares of Criteo by 312.5% in the 2nd quarter. Point72 Asset Management L.P. now owns 3,300 shares of the information services provider’s stock valued at $124,000 after purchasing an additional 2,500 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Criteo by 99.5% in the 3rd quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider’s stock valued at $139,000 after purchasing an additional 1,840 shares during the period. Hedge funds and other 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.