Criteo SA (NASDAQ:CRTO) insider Jean-Baptiste Rudelle sold 60,000 shares of the stock in a transaction that occurred on Tuesday, October 4th. The stock was sold at an average price of $35.84, for a total value of $2,150,400.00. Following the completion of the sale, the insider now owns 2,806,831 shares in the company, valued at $100,596,823.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Jean-Baptiste Rudelle also recently made the following trade(s):
- On Thursday, September 1st, Jean-Baptiste Rudelle sold 60,000 shares of Criteo SA stock. The stock was sold at an average price of $37.96, for a total value of $2,277,600.00.
- On Tuesday, August 2nd, Jean-Baptiste Rudelle sold 76,100 shares of Criteo SA stock. The stock was sold at an average price of $43.79, for a total value of $3,332,419.00.
Criteo SA (NASDAQ:CRTO) traded down 0.41% during mid-day trading on Friday, hitting $34.16. The stock had a trading volume of 19,145 shares. Criteo SA has a 52-week low of $24.23 and a 52-week high of $47.81. The firm has a 50-day moving average of $36.35 and a 200-day moving average of $41.07. The stock has a market cap of $2.10 billion, a P/E ratio of 30.80 and a beta of 2.82.
Criteo SA (NASDAQ:CRTO) last posted its earnings results on Wednesday, August 3rd. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.28 by $0.05. The firm had revenue of $166 million for the quarter, compared to analyst estimates of $161.27 million. Criteo SA had a return on equity of 15.20% and a net margin of 4.72%. Criteo SA’s revenue for the quarter was up 35.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.15 earnings per share. On average, analysts forecast that Criteo SA will post $1.78 EPS for the current fiscal year.
Several research analysts have commented on the company. RBC Capital Markets set a $55.00 price objective on Criteo SA and gave the stock a “buy” rating in a report on Saturday, September 17th. Jefferies Group restated a “buy” rating and set a $65.00 price objective on shares of Criteo SA in a report on Monday, June 27th. Zacks Investment Research downgraded Criteo SA from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Citigroup Inc. reduced their price objective on Criteo SA from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. Finally, William Blair restated an “outperform” rating on shares of Criteo SA in a report on Thursday, August 4th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $48.50.
Institutional investors have recently bought and sold shares of the stock. Westpac Banking Corp acquired a new position in Criteo SA during the second quarter valued at approximately $46,976,000. 1832 Asset Management L.P. purchased a new position in shares of Criteo SA during the first quarter valued at about $57,764,000. Oak Ridge Investments LLC purchased a new position in shares of Criteo SA during the second quarter valued at about $36,056,000. Alken Asset Management Ltd. purchased a new position in shares of Criteo SA during the second quarter valued at about $33,027,000. Finally, Jennison Associates LLC purchased a new position in shares of Criteo SA during the second quarter valued at about $30,538,000. 69.29% of the stock is currently owned by hedge funds and other institutional investors.
Criteo SA Company Profile
Criteo SA is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
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