Criteo SA (NASDAQ:CRTO) insider Jean-Baptiste Rudelle sold 60,000 shares of the stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $35.84, for a total value of $2,150,400.00. Following 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 document filed with the SEC, which is available at this hyperlink.
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 shares were 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 shares were sold at an average price of $43.79, for a total value of $3,332,419.00.
Criteo SA (NASDAQ:CRTO) opened at 33.95 on Monday. The company has a market capitalization of $2.09 billion, a PE ratio of 30.61 and a beta of 2.82. Criteo SA has a one year low of $24.23 and a one year high of $47.81. The company has a 50-day moving average price of $36.25 and a 200-day moving average price of $41.03.
Criteo SA (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.05. The company earned $166 million during the quarter, compared to the consensus estimate of $161.27 million. Criteo SA had a net margin of 4.72% and a return on equity of 15.20%. Criteo SA’s revenue for the quarter was up 35.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 earnings per share. Analysts expect that Criteo SA will post $1.78 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of CRTO. Allianz Asset Management AG increased its position in shares of Criteo SA by 53.1% in the second quarter. Allianz Asset Management AG now owns 1,837,911 shares of the company’s stock worth $84,397,000 after buying an additional 637,376 shares during the period. Henderson Group PLC raised its position in Criteo SA by 14.2% in the second quarter. Henderson Group PLC now owns 1,130,846 shares of the company’s stock valued at $51,957,000 after buying an additional 140,288 shares in the last quarter. American Century Companies Inc. raised its position in Criteo SA by 12.9% in the second quarter. American Century Companies Inc. now owns 1,089,924 shares of the company’s stock valued at $50,049,000 after buying an additional 124,330 shares in the last quarter. Westpac Banking Corp purchased a new position in Criteo SA during the second quarter valued at about $46,976,000. Finally, Ameriprise Financial Inc. raised its position in Criteo SA by 20.0% in the second quarter. Ameriprise Financial Inc. now owns 890,735 shares of the company’s stock valued at $40,902,000 after buying an additional 148,648 shares in the last quarter. 69.29% of the stock is owned by institutional investors.
Several analysts have commented on CRTO shares. Jefferies Group cut their target price on Criteo SA from $65.00 to $63.00 and set a “buy” rating on the stock in a research note on Thursday, August 4th. Citigroup Inc. cut their target price on Criteo SA from $56.00 to $51.00 and set a “buy” rating on the stock in a research note on Thursday, August 4th. Pacific Crest reiterated a “buy” rating and set a $53.00 target price on shares of Criteo SA in a research note on Monday, July 11th. Zacks Investment Research upgraded Criteo SA from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Friday, August 5th. Finally, RBC Capital Markets set a $55.00 target price on Criteo SA and gave the company a “buy” rating in a research note on Saturday, September 17th. Five investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $48.50.
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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