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

Criteo S.A. (NASDAQ:CRTO) insider Brian Gleason sold 1,924 shares of the company’s stock in a transaction on Friday, January 31st. The shares were sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the transaction, the insider now owns 137,161 shares of the company’s stock, valued at $5,223,090.88. This trade represents a 1.38 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $36.95, for a total value of $115,838.25.

Criteo Stock Up 2.0 %

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

Analyst Upgrades and Downgrades

CRTO has been the subject of several research reports. Benchmark reiterated a “buy” rating and set a $51.00 price target on shares of Criteo in a research note on Tuesday. Wells Fargo & Company cut their price target on Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Susquehanna cut their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a report on Friday, January 31st. Finally, DA Davidson dropped their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $49.89.

Institutional Trading of Criteo

Several institutional investors and hedge funds have recently modified their holdings of CRTO. USA Financial Formulas purchased a new stake in shares of Criteo in the 3rd quarter valued at about $31,000. Farther Finance Advisors LLC purchased a new stake in shares of Criteo in the 3rd quarter valued at about $50,000. GAMMA Investing LLC raised its holdings 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 acquiring an additional 869 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Criteo by 312.5% during 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 buying an additional 2,500 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Criteo by 99.5% during the 3rd quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider’s stock valued at $139,000 after buying an additional 1,840 shares in the last quarter. 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.