Criteo S.A. (NASDAQ:CRTO) CRO Mary Spilman sold 20,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $49.50, for a total transaction of $990,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.
Shares of Criteo S.A. (NASDAQ:CRTO) opened at 49.00 on Friday. Criteo S.A. has a 52-week low of $32.83 and a 52-week high of $56.00.
Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.05. Criteo had a return on equity of 13.94% and a net margin of 3.48%. The company had revenue of $220 million for the quarter, compared to analyst estimates of $212.55 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. Equities research analysts predict that Criteo S.A. will post $2.43 EPS for the current year.
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A number of institutional investors have recently bought and sold shares of CRTO. Fifth Third Bancorp bought a new position in Criteo during the first quarter valued at about $176,000. Hussman Strategic Advisors Inc. bought a new position in Criteo during the first quarter valued at about $200,000. Janney Capital Management LLC bought a new position in Criteo during the first quarter valued at about $216,000. Pictet & Cie Europe SA bought a new position in Criteo during the first quarter valued at about $221,000. Finally, Oppenheimer Asset Management Inc. bought a new position in Criteo during the first quarter valued at about $230,000. Institutional investors own 85.03% of the company’s stock.
A number of brokerages have issued reports on CRTO. BidaskClub raised shares of Criteo from a “sell” rating to a “hold” rating in a research report on Wednesday, June 21st. Royal Bank Of Canada boosted their price objective on shares of Criteo from $56.00 to $60.00 and gave the company an “outperform” rating in a research report on Thursday, May 4th. Jefferies Group LLC reissued a “buy” rating and set a $66.00 price objective on shares of Criteo in a research report on Monday, May 15th. Stifel Nicolaus set a $50.00 price objective on shares of Criteo and gave the company a “hold” rating in a research report on Thursday, August 3rd. Finally, Zacks Investment Research downgraded shares of Criteo from a “hold” rating to a “sell” rating in a research report on Tuesday. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $55.98.
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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