Criteo S.A. (NASDAQ:CRTO) Insider Ryan Damon Sells 21,661 Shares

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 21,661 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $37.12, for a total transaction of $804,056.32. Following the completion of the transaction, the insider now owns 154,569 shares in the company, valued at approximately $5,737,601.28. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Ryan Damon also recently made the following trade(s):

• On Monday, February 26th, Ryan Damon sold 7,959 shares of Criteo stock. The stock was sold at an average price of $32.69, for a total transaction of $260,179.71.

Criteo Price Performance

Criteo stock opened at $37.78 on Wednesday. The stock has a market cap of $2.12 billion, a P/E ratio of 38.95 and a beta of 0.95. Criteo S.A. has a 1 year low of $22.10 and a 1 year high of $39.54. The firm’s 50 day moving average price is $34.95 and its 200-day moving average price is $29.27.

Criteo (NASDAQ:CRTO) last released its quarterly earnings data on Wednesday, February 7th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.30. The firm had revenue of $316.38 million for the quarter, compared to analysts’ expectations of $300.35 million. Criteo had a net margin of 2.96% and a return on equity of 12.33%. As a group, equities analysts expect that Criteo S.A. will post 2.3 EPS for the current year.

Institutional Investors Weigh In On Criteo

Several institutional investors and hedge funds have recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. grew its holdings in shares of Criteo by 13.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 10,528 shares of the information services provider’s stock valued at $307,000 after purchasing an additional 1,248 shares in the last quarter. Victory Capital Management Inc. purchased a new position in shares of Criteo in the third quarter valued at $15,306,000. Jump Financial LLC purchased a new position in shares of Criteo in the third quarter valued at $683,000. VELA Investment Management LLC grew its holdings in shares of Criteo by 83.4% in the third quarter. VELA Investment Management LLC now owns 81,525 shares of the information services provider’s stock valued at $2,381,000 after purchasing an additional 37,074 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Criteo in the third quarter valued at $394,000. Institutional investors own 94.27% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Susquehanna increased their price objective on shares of Criteo from $33.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday. StockNews.com upgraded shares of Criteo from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 8th. JPMorgan Chase & Co. raised their target price on shares of Criteo from $31.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. DA Davidson raised their target price on shares of Criteo from $35.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, May 3rd. Finally, TheStreet upgraded shares of Criteo from a “c” rating to a “b-” rating in a research note on Friday, February 9th. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.89.

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.