Criteo SA (NASDAQ:CRTO) CFO Benoit Fouilland sold 6,250 shares of the stock in a transaction that occurred on Wednesday, April 19th. The stock was sold at an average price of $51.14, for a total value of $319,625.00. Following the completion of the transaction, the chief financial officer now directly owns 29,325 shares of the company’s stock, valued at $1,499,680.50. The sale was disclosed in a filing with the SEC, which is available through this link.
Benoit Fouilland also recently made the following trade(s):
- On Monday, April 17th, Benoit Fouilland sold 6,250 shares of Criteo SA stock. The stock was sold at an average price of $50.24, for a total value of $314,000.00.
- On Monday, March 13th, Benoit Fouilland sold 58,000 shares of Criteo SA stock. The stock was sold at an average price of $48.39, for a total value of $2,806,620.00.
Shares of Criteo SA (NASDAQ:CRTO) traded up 0.49% during trading on Friday, reaching $51.71. The company’s stock had a trading volume of 306,709 shares. The company has a market capitalization of $3.18 billion, a P/E ratio of 41.37 and a beta of 2.79. Criteo SA has a 12 month low of $32.83 and a 12 month high of $52.87. The company’s 50-day moving average is $50.12 and its 200-day moving average is $43.58.
Criteo SA (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, February 22nd. The information services provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.16. Criteo SA had a net margin of 4.96% and a return on equity of 15.99%. The company earned $225 million during the quarter, compared to analyst estimates of $210.34 million. During the same quarter in the previous year, the business earned $0.66 EPS. The firm’s revenue was up 33.1% on a year-over-year basis. On average, analysts forecast that Criteo SA will post $2.54 EPS for the current fiscal year.
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A number of equities analysts recently issued reports on the company. Jefferies Group LLC reissued a “buy” rating and issued a $66.00 price objective on shares of Criteo SA in a report on Tuesday. Cowen and Company set a $60.00 price objective on Criteo SA and gave the stock a “buy” rating in a report on Thursday, April 13th. Royal Bank of Canada reissued a “buy” rating and issued a $56.00 price objective on shares of Criteo SA in a report on Wednesday, February 22nd. Susquehanna Bancshares Inc reissued a “neutral” rating and issued a $42.00 price objective (up from $37.00) on shares of Criteo SA in a report on Thursday, February 23rd. Finally, Goldman Sachs Group Inc lowered Criteo SA from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $49.00 to $51.00 in a report on Wednesday, March 29th. Five equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $52.00.
Several institutional investors have recently made changes to their positions in CRTO. Sumitomo Mitsui Asset Management Company LTD bought a new position in shares of Criteo SA during the third quarter worth $48,004,000. Putnam Investments LLC raised its position in shares of Criteo SA by 488.4% in the fourth quarter. Putnam Investments LLC now owns 1,211,322 shares of the information services provider’s stock worth $49,761,000 after buying an additional 1,005,450 shares during the last quarter. York Capital Management Global Advisors LLC bought a new position in shares of Criteo SA during the third quarter worth $30,236,000. Sylebra HK Co Ltd raised its position in shares of Criteo SA by 117.5% in the fourth quarter. Sylebra HK Co Ltd now owns 1,434,643 shares of the information services provider’s stock worth $58,935,000 after buying an additional 775,116 shares during the last quarter. Finally, Allianz Asset Management AG raised its position in shares of Criteo SA by 41.0% in the fourth quarter. Allianz Asset Management AG now owns 2,487,388 shares of the information services provider’s stock worth $102,182,000 after buying an additional 723,287 shares during the last quarter. 72.24% of the stock is owned by institutional investors.
About Criteo SA
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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