Key Points
- Insider Ryan Damon sold 3,222 shares on December 17 at an average price of $21.04 for about $67,790, reducing his stake by 2.74% to 114,286 shares; he also sold 3,394 shares on November 24 at $19.51.
- Criteo is trading near its 12‑month low (~$19, opened $19.50) with a market cap of about $1.02B, a P/E of 6.54, 50‑day/200‑day SMAs of $20.67/$22.55, and a 12‑month high of $47.26.
- Analysts hold a consensus rating of Hold with an average target of $38.33 (5 Buys, 4 Holds, 2 Sells), and institutional investors control roughly 94.27% of the stock.
Criteo S.A. (NASDAQ:CRTO - Get Free Report) insider Ryan Damon sold 3,222 shares of the business's stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $21.04, for a total transaction of $67,790.88. Following the sale, the insider owned 114,286 shares in the company, valued at $2,404,577.44. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Ryan Damon also recently made the following trade(s):
- On Monday, November 24th, Ryan Damon sold 3,394 shares of Criteo stock. The shares were sold at an average price of $19.51, for a total transaction of $66,216.94.
Criteo Price Performance
NASDAQ CRTO opened at $19.50 on Friday. Criteo S.A. has a 12 month low of $19.00 and a 12 month high of $47.26. The firm has a market capitalization of $1.02 billion, a PE ratio of 6.54 and a beta of 0.52. The company's 50 day simple moving average is $20.67 and its 200 day simple moving average is $22.55.
Analyst Ratings Changes
A number of analysts have recently commented on the company. BMO Capital Markets reissued an "outperform" rating and issued a $40.00 price objective on shares of Criteo in a research note on Thursday, October 30th. Zacks Research lowered Criteo from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 2nd. Weiss Ratings cut shares of Criteo from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Friday, October 24th. Benchmark cut their price target on shares of Criteo from $42.00 to $38.00 and set a "buy" rating for the company in a report on Tuesday, October 28th. Finally, DA Davidson set a $38.00 price objective on shares of Criteo in a research report on Thursday, October 30th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Criteo currently has a consensus rating of "Hold" and an average target price of $38.33.
Check Out Our Latest Report on Criteo
Hedge Funds Weigh In On Criteo
Institutional investors and hedge funds have recently bought and sold shares of the business. Neuberger Berman Group LLC lifted its position in Criteo by 6.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider's stock worth $156,766,000 after buying an additional 419,808 shares in the last quarter. Black Creek Investment Management Inc. grew its holdings in shares of Criteo by 60.5% during the 2nd quarter. Black Creek Investment Management Inc. now owns 51,733 shares of the information services provider's stock valued at $1,240,000 after acquiring an additional 19,500 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Criteo in the second quarter worth $725,000. Invesco Ltd. raised its holdings in shares of Criteo by 14.1% during the first quarter. Invesco Ltd. now owns 15,219 shares of the information services provider's stock worth $539,000 after acquiring an additional 1,875 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Criteo by 21.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 86,498 shares of the information services provider's stock valued at $3,063,000 after purchasing an additional 15,537 shares during the last quarter. Hedge funds and other institutional investors own 94.27% of the company's stock.
About Criteo
(
Get Free Report)
Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo's platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.
At the core of Criteo's offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
