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

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 2,793 shares of the firm’s 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 completion of the transaction, the insider now directly owns 115,646 shares in the company, valued at approximately $4,919,580.84. This represents a 2.36 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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 value of $116,438.60.

Criteo Price Performance

NASDAQ CRTO opened at $42.57 on Friday. The company’s fifty day moving average price is $39.60 and its two-hundred day moving average price is $41.22. The company 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 12 month low of $23.87 and a 12 month high of $49.93.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on CRTO. Benchmark reiterated a “buy” rating and issued a $51.00 target price on shares of Criteo in a research note on Tuesday, November 19th. Susquehanna lowered 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. Wells Fargo & Company initiated coverage on shares of Criteo in a research report on Monday, October 28th. They set an “overweight” rating and a $70.00 target price on the stock. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, DA Davidson dropped their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research note 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.67.

Hedge Funds Weigh In On Criteo

A number of hedge funds have recently bought and sold shares of the company. USA Financial Formulas acquired a new stake in Criteo during the third quarter valued at approximately $31,000. Farther Finance Advisors LLC acquired a new stake in shares of Criteo during the 3rd quarter valued at approximately $50,000. EverSource Wealth Advisors LLC lifted its stake in Criteo by 868.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the information services provider’s stock worth $53,000 after purchasing an additional 1,250 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Criteo by 117.8% in the third 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 period. Finally, Blue Trust Inc. increased its stake in Criteo by 7,011.5% during the second quarter. Blue Trust Inc. now owns 1,849 shares of the information services provider’s stock valued at $65,000 after purchasing an additional 1,823 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

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.