Sarah Js Glickman Sells 2,465 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO - Get Free Report) CFO Sarah Js Glickman sold 2,465 shares of the firm's stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $25.81, for a total transaction of $63,621.65. Following the completion of the transaction, the chief financial officer now directly owns 362,710 shares in the company, valued at $9,361,545.10. This trade represents a 0.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Sarah Js Glickman also recently made the following trade(s):

• On Tuesday, May 27th, Sarah Js Glickman sold 1,520 shares of Criteo stock. The stock was sold at an average price of $26.12, for a total transaction of $39,702.40.

Criteo Stock Performance

CRTO stock traded down $0.16 during mid-day trading on Monday, hitting $25.30. 481,036 shares of the company were exchanged, compared to its average volume of 447,100. The firm has a market cap of $1.46 billion, a P/E ratio of 15.06 and a beta of 0.63. The firm's 50 day simple moving average is $30.16 and its 200 day simple moving average is $36.43. Criteo S.A. has a 1-year low of $24.91 and a 1-year high of $49.93.

Criteo (NASDAQ:CRTO - Get Free Report) last announced its earnings results on Friday, May 2nd. The information services provider reported $1.10 EPS for the quarter, topping the consensus estimate of $0.77 by $0.33. The firm had revenue of $451.43 million for the quarter, compared to the consensus estimate of $259.86 million. Criteo had a net margin of 5.08% and a return on equity of 16.37%. The business's quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company posted $0.80 EPS. On average, equities research analysts predict that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Institutional Trading of Criteo

Several hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its holdings in shares of Criteo by 17.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock valued at $258,000 after purchasing an additional 971 shares during the last quarter. KBC Group NV acquired a new position in Criteo during the fourth quarter worth $2,887,000. Wells Fargo & Company MN boosted its holdings in Criteo by 53.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock worth $166,000 after purchasing an additional 1,455 shares during the last quarter. Blue Trust Inc. boosted its holdings in Criteo by 51.9% during the fourth quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock worth $226,000 after purchasing an additional 1,916 shares during the last quarter. Finally, Barclays PLC boosted its holdings in Criteo by 81.8% during the fourth quarter. Barclays PLC now owns 11,247 shares of the information services provider's stock worth $445,000 after purchasing an additional 5,061 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on CRTO shares. Wells Fargo & Company reduced their price objective on shares of Criteo from $68.00 to $66.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. BMO Capital Markets reduced their price objective on shares of Criteo from $60.00 to $49.00 and set an "outperform" rating on the stock in a research note on Monday, May 5th. Susquehanna reduced their price objective on shares of Criteo from $50.00 to $38.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Stifel Nicolaus reduced their price objective on shares of Criteo from $61.00 to $46.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Finally, Citigroup reissued an "underperform" rating on shares of Criteo in a research note on Friday, April 25th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Criteo presently has an average rating of "Moderate Buy" and an average price target of $46.70.

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.