Insider Selling: Criteo S.A. (CRTO) CFO Sells $319,000.00 in Stock

Criteo S.A. (NASDAQ:CRTO) CFO Benoit Fouilland sold 6,250 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $51.04, for a total value of $319,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Benoit Fouilland also recently made the following trade(s):

  • On Tuesday, July 11th, Benoit Fouilland sold 4,980 shares of Criteo stock. The stock was sold at an average price of $51.00, for a total value of $253,980.00.
  • On Monday, June 26th, Benoit Fouilland sold 6,250 shares of Criteo stock. The stock was sold at an average price of $49.17, for a total value of $307,312.50.
  • On Monday, May 22nd, Benoit Fouilland sold 12,500 shares of Criteo stock. The stock was sold at an average price of $50.93, for a total value of $636,625.00.
  • On Thursday, April 27th, Benoit Fouilland sold 50,000 shares of Criteo stock. The stock was sold at an average price of $54.03, for a total value of $2,701,500.00.
  • On Wednesday, April 19th, Benoit Fouilland sold 6,250 shares of Criteo stock. The stock was sold at an average price of $51.14, for a total value of $319,625.00.
  • On Monday, April 17th, Benoit Fouilland sold 6,250 shares of Criteo stock. The stock was sold at an average price of $50.24, for a total value of $314,000.00.

Criteo S.A. (NASDAQ CRTO) opened at 50.74 on Monday. Criteo S.A. has a one year low of $32.83 and a one year high of $56.00.

Criteo (NASDAQ:CRTO) last issued its earnings results on Wednesday, May 3rd. The information services provider reported $0.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Criteo had a return on equity of 14.88% and a net margin of 4.05%. The company had revenue of $210 million during the quarter, compared to the consensus estimate of $204.51 million. During the same period in the previous year, the company posted $0.43 EPS. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. Analysts anticipate that Criteo S.A. will post $2.47 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. acquired a new position in shares of Criteo during the fourth quarter valued at approximately $1,660,000. Nationwide Fund Advisors acquired a new position in shares of Criteo during the first quarter valued at approximately $1,785,000. Stifel Financial Corp increased its position in shares of Criteo by 3.9% in the first quarter. Stifel Financial Corp now owns 16,883 shares of the information services provider’s stock valued at $843,000 after buying an additional 629 shares in the last quarter. Koch Industries Inc. acquired a new position in shares of Criteo during the first quarter valued at approximately $521,000. Finally, Credit Suisse AG increased its position in shares of Criteo by 43.8% in the first quarter. Credit Suisse AG now owns 275,526 shares of the information services provider’s stock valued at $13,774,000 after buying an additional 83,950 shares in the last quarter. Institutional investors own 83.37% of the company’s stock.

Several equities research analysts recently weighed in on the company. Jefferies Group LLC restated a “buy” rating and issued a $66.00 target price on shares of Criteo in a report on Tuesday, April 18th. Goldman Sachs Group, Inc. (The) lowered Criteo from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $49.00 to $51.00 in a report on Wednesday, March 29th. BidaskClub lowered Criteo from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Royal Bank Of Canada boosted their target price on Criteo from $56.00 to $60.00 and gave the stock an “outperform” rating in a report on Thursday, May 4th. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of Criteo in a report on Monday, April 24th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $51.78.

About Criteo

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.

Insider Buying and Selling by Quarter for Criteo (NASDAQ:CRTO)

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