Criteo S.A. (NASDAQ:CRTO) Insider Ryan Damon Sells 2,793 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,793 shares of the stock in a transaction on Friday, December 13th. The shares were sold at an average price of $42.54, for a total transaction of $118,814.22. Following the transaction, the insider now owns 115,646 shares of the company’s stock, valued at $4,919,580.84. This trade represents a 2.36 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Ryan Damon also recently made the following trade(s):

• On Monday, November 25th, Ryan Damon sold 2,885 shares of Criteo stock. The shares were sold at an average price of $40.36, for a total transaction of $116,438.60.

Criteo Price Performance

Shares of CRTO stock opened at $42.57 on Friday. The business has a fifty day moving average of $39.60 and a 200 day moving average of $41.21. The firm has a market capitalization of $2.35 billion, a price-to-earnings ratio of 28.96 and a beta of 1.05. Criteo S.A. has a 1 year low of $23.87 and a 1 year high of $49.93.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CRTO. USA Financial Formulas purchased a new stake in Criteo in the third quarter valued at $31,000. Farther Finance Advisors LLC purchased a new position in Criteo during the third quarter valued at $50,000. EverSource Wealth Advisors LLC grew its position in shares of Criteo by 868.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the information services provider’s stock valued at $53,000 after purchasing an additional 1,250 shares during the period. GAMMA Investing LLC raised its position in shares of Criteo by 117.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider’s stock worth $65,000 after purchasing an additional 869 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in Criteo by 7,011.5% in the 2nd quarter. Blue Trust Inc. now owns 1,849 shares of the information services provider’s stock valued at $65,000 after buying an additional 1,823 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on CRTO shares. Susquehanna reduced their price objective on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Wells Fargo & Company assumed coverage on shares of Criteo in a research note on Monday, October 28th. They issued an “overweight” rating and a $70.00 price objective for the company. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Benchmark restated a “buy” rating and issued a $51.00 price target on shares of Criteo in a report on Tuesday, November 19th. Finally, DA Davidson cut their price objective on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $50.67.

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.