Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman Sells 1,520 Shares

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 1,520 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $61,347.20. Following the sale, the chief financial officer now owns 311,878 shares of the company’s stock, valued at approximately $12,587,396.08. The trade was a 0.49 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, October 23rd, Sarah Js Glickman sold 5,442 shares of Criteo stock. The stock was sold at an average price of $40.60, for a total value of $220,945.20.

Criteo Trading Up 3.9 %

Shares of CRTO opened at $41.57 on Wednesday. The stock has a market cap of $2.29 billion, a PE ratio of 27.82 and a beta of 1.02. Criteo S.A. has a 1 year low of $23.87 and a 1 year high of $49.93. The stock has a 50 day simple moving average of $39.34 and a 200-day simple moving average of $40.83.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Susquehanna dropped their target price on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $51.00 price objective on shares of Criteo in a report on Tuesday, November 19th. Wells Fargo & Company began coverage on shares of Criteo in a research report on Monday, October 28th. They set an “overweight” rating and a $70.00 price objective for the company. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Finally, KeyCorp cut Criteo from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 30th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $50.67.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Alpha DNA Investment Management LLC acquired a new stake in shares of Criteo in the 2nd quarter valued at $473,000. Seizert Capital Partners LLC bought a new position in Criteo during the 3rd quarter valued at about $1,405,000. Inspire Investing LLC acquired a new position in Criteo in the second quarter valued at about $819,000. SG Americas Securities LLC acquired a new position in Criteo in the second quarter valued at about $248,000. Finally, Congress Asset Management Co. bought a new stake in Criteo during the third quarter worth about $48,653,000. 94.27% of the stock is currently owned by institutional investors and hedge funds.

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.