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 firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the transaction, the insider now owns 139,085 shares of the company’s stock, valued at approximately $5,139,190.75. The trade was a 2.20 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Criteo Price Performance

Shares of CRTO opened at $37.98 on Friday. The firm has a market cap of $2.10 billion, a P/E ratio of 25.84 and a beta of 1.06. The stock has a 50 day simple moving average of $40.17 and a two-hundred day simple moving average of $41.57. Criteo S.A. has a 1 year low of $25.63 and a 1 year high of $49.93.

Analyst Ratings Changes

Several research analysts have issued reports on CRTO shares. DA Davidson lowered their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company reduced their price objective on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Benchmark reaffirmed a “buy” rating and set a $51.00 price objective on shares of Criteo in a research report on Tuesday, November 19th. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Susquehanna reduced their price objective on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Criteo has a consensus 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 CRTO. Whale Rock Capital Management LLC boosted its stake in Criteo by 230.1% in 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 buying an additional 1,756,507 shares in the last quarter. Congress Asset Management Co. purchased a new stake in shares of Criteo during the third quarter valued at approximately $48,653,000. Lord Abbett & CO. LLC boosted its stake in shares of 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 valued at $74,567,000 after purchasing an additional 547,718 shares during the period. Senvest Management LLC boosted its stake in shares of Criteo by 19.6% during the third quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock valued at $116,526,000 after purchasing an additional 475,530 shares during the period. Finally, Clearbridge Investments LLC purchased a new stake in shares of Criteo during the second quarter valued at approximately $11,059,000. Hedge funds and other institutional investors own 94.27% of the company’s stock.

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.