Criteo S.A. (NASDAQ:CRTO - Get Free Report) insider Ryan Damon sold 2,793 shares of Criteo 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 owns 115,646 shares in the company, valued at approximately $4,919,580.84. This trade represents a 2.36 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Ryan Damon also recently made the following trade(s):
Shares of Criteo stock traded down $0.08 during trading on Friday, hitting $42.57. 215,445 shares of the company were exchanged, compared to its average volume of 382,105. Criteo S.A. has a fifty-two week low of $23.87 and a fifty-two week high of $49.93. The firm has a 50 day moving average price of $39.55 and a 200 day moving average price of $41.18. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 29.01 and a beta of 1.05.
CRTO has been the subject of several analyst reports. Wells Fargo & Company assumed coverage on shares of Criteo in a report on Monday, October 28th. They set an "overweight" rating and a $70.00 price target for the company. DA Davidson decreased their price objective on shares of Criteo from $58.00 to $53.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. StockNews.com raised shares of Criteo from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. Susquehanna decreased their price target on Criteo from $50.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, October 31st. Finally, Benchmark restated a "buy" rating and issued a $51.00 price target on shares of Criteo in a report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, Criteo has an average rating of "Moderate Buy" and a consensus price target of $50.67.
Get Our Latest Stock Report on CRTO
A number of institutional investors have recently made changes to their positions in CRTO. 272 Capital LP purchased a new stake in Criteo during the 3rd quarter worth about $1,141,000. Barclays PLC boosted its stake in shares of Criteo by 40.6% during the 3rd quarter. Barclays PLC now owns 6,186 shares of the information services provider's stock worth $249,000 after purchasing an additional 1,787 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Criteo by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider's stock worth $1,978,000 after purchasing an additional 518 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Criteo during the third quarter worth about $6,676,000. Finally, MML Investors Services LLC acquired a new position in shares of Criteo in the third quarter valued at approximately $275,000. 94.27% of the stock is owned by institutional investors and hedge funds.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Criteo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Criteo wasn't on the list.
While Criteo currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.