Criteo SA (NASDAQ:CRTO) Director Dana L. Evan sold 24,166 shares of the firm’s stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $48.90, for a total value of $1,181,717.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Criteo SA (NASDAQ:CRTO) traded up 0.88% during trading on Friday, reaching $49.20. The company had a trading volume of 1,583,068 shares. The firm has a market capitalization of $3.03 billion, a P/E ratio of 42.16 and a beta of 2.79. The firm’s 50 day moving average price is $51.92 and its 200 day moving average price is $46.26. Criteo SA has a 12 month low of $32.83 and a 12 month high of $55.39.
Criteo SA (NASDAQ:CRTO) last announced its earnings results on Wednesday, May 3rd. The information services provider reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $210 million for the quarter, compared to analysts’ expectations of $204.51 million. Criteo SA had a return on equity of 15.99% and a net margin of 4.96%. Criteo SA’s quarterly revenue was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. Equities analysts predict that Criteo SA will post $2.46 EPS for the current year.
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Several equities analysts have recently weighed in on CRTO shares. Jefferies Group LLC restated a “buy” rating and issued a $66.00 target price on shares of Criteo SA in a research report on Monday. Cowen and Company set a $60.00 target price on Criteo SA and gave the company a “buy” rating in a research report on Thursday, April 13th. Royal Bank of Canada restated a “buy” rating and issued a $56.00 target price on shares of Criteo SA in a research report on Wednesday, February 22nd. Stifel Nicolaus raised their target price on Criteo SA from $41.00 to $43.00 and gave the company a “hold” rating in a research report on Thursday, February 23rd. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of Criteo SA in a research report on Monday, April 24th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $53.45.
A number of large investors have recently made changes to their positions in the stock. FMR LLC boosted its stake in shares of Criteo SA by 2.1% in the fourth quarter. FMR LLC now owns 6,376,145 shares of the information services provider’s stock worth $261,932,000 after buying an additional 129,057 shares during the period. Thornburg Investment Management Inc. boosted its stake in shares of Criteo SA by 23.3% in the fourth quarter. Thornburg Investment Management Inc. now owns 792,555 shares of the information services provider’s stock worth $32,558,000 after buying an additional 149,934 shares during the period. Private Advisor Group LLC boosted its stake in shares of Criteo SA by 3.2% in the fourth quarter. Private Advisor Group LLC now owns 13,495 shares of the information services provider’s stock worth $603,000 after buying an additional 415 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Criteo SA during the fourth quarter worth approximately $4,586,000. Finally, Mackenzie Financial Corp bought a new stake in shares of Criteo SA during the third quarter worth approximately $1,097,000. Hedge funds and other institutional investors own 72.24% of the company’s stock.
Criteo SA Company Profile
Criteo SA is a France-based company specializing in digital performance marketing. Its 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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