Key Points
- Criteo CFO Sarah Js Glickman sold 2,465 shares on May 26 at an average price of $17.06, totaling about $42,053. The sale reduced her stake by 0.57% and was made to cover tax withholding tied to vesting equity awards.
- CRTO shares rose 2.4% and opened at $18.29 on Friday. The stock remains well below its 52-week high of $27.32, with a market cap of about $911.94 million.
- Analyst sentiment is mixed, with five Buy ratings, three Hold ratings, and one Sell rating. The consensus price target is $27.94, above the current share price.
Criteo S.A. (NASDAQ:CRTO - Get Free Report) CFO Sarah Js Glickman sold 2,465 shares of the company's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total value of $42,052.90. Following the completion of the sale, the chief financial officer owned 431,879 shares in the company, valued at $7,367,855.74. The trade was a 0.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Criteo Stock Up 2.4%
Shares of CRTO opened at $18.29 on Friday. Criteo S.A. has a 52 week low of $15.57 and a 52 week high of $27.32. The company has a market capitalization of $911.94 million, a price-to-earnings ratio of 8.55 and a beta of 0.34. The stock's 50-day moving average price is $17.91 and its 200-day moving average price is $19.00.
Criteo (NASDAQ:CRTO - Get Free Report) last issued its earnings results on Tuesday, March 31st. The information services provider reported $0.73 EPS for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%.The firm had revenue of $424.64 million for the quarter. As a group, equities analysts anticipate that Criteo S.A. will post 3.12 EPS for the current fiscal year.
Institutional Investors Weigh In On Criteo
A number of institutional investors have recently added to or reduced their stakes in CRTO. WealthCollab LLC grew its stake in Criteo by 147.5% in the 1st quarter. WealthCollab LLC now owns 1,371 shares of the information services provider's stock valued at $25,000 after acquiring an additional 817 shares during the period. Rockefeller Capital Management L.P. grew its stake in Criteo by 185.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider's stock valued at $30,000 after acquiring an additional 940 shares during the period. Raymond James Financial Inc. acquired a new stake in Criteo in the 2nd quarter valued at $30,000. Covestor Ltd raised its holdings in shares of Criteo by 125.2% during the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider's stock valued at $40,000 after acquiring an additional 980 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Criteo by 1,376.7% during the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider's stock valued at $45,000 after acquiring an additional 1,184 shares during the last quarter. Institutional investors and hedge funds own 94.27% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have recently commented on CRTO shares. Sanford C. Bernstein set a $43.00 target price on Criteo in a research note on Thursday, February 12th. Susquehanna set a $18.00 target price on Criteo in a research note on Thursday, February 12th. DA Davidson set a $28.50 target price on Criteo in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Criteo in a report on Monday, April 20th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $35.00 price target on shares of Criteo in a report on Thursday, February 12th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $27.94.
View Our Latest Stock Report on Criteo
Criteo Company Profile
(
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.
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