Criteo S.A. (NASDAQ:CRTO) CEO Eric Eichmann sold 20,000 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $49.04, for a total transaction of $980,800.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Eric Eichmann also recently made the following trade(s):

  • On Friday, May 26th, Eric Eichmann sold 246 shares of Criteo stock. The shares were sold at an average price of $56.00, for a total transaction of $13,776.00.

Shares of Criteo S.A. (CRTO) traded up 0.25% during mid-day trading on Friday, reaching $49.00. 389,736 shares of the company’s stock traded hands. Criteo S.A. has a 12-month low of $32.83 and a 12-month high of $56.00. The company’s 50 day moving average is $50.07 and its 200 day moving average is $49.61. The company has a market cap of $3.02 billion, a P/E ratio of 46.18 and a beta of 2.71.

Criteo (NASDAQ:CRTO) last announced its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.05. Criteo had a net margin of 3.48% and a return on equity of 13.94%. The business had revenue of $220 million for the quarter, compared to analyst estimates of $212.55 million. During the same quarter last year, the business earned $0.33 earnings per share. The company’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, analysts predict that Criteo S.A. will post $2.43 EPS for the current fiscal year.

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A number of equities research analysts have recently issued reports on the stock. Jefferies Group LLC restated a “buy” rating and set a $48.80 target price (down previously from $66.00) on shares of Criteo in a research note on Tuesday, June 6th. Cowen and Company set a $60.00 target price on shares of Criteo and gave the company a “buy” rating in a research note on Thursday, April 13th. Royal Bank Of Canada restated a “buy” rating and set a $60.00 target price on shares of Criteo in a research note on Monday, July 31st. Deutsche Bank AG lifted their target price on shares of Criteo from $64.00 to $65.00 and gave the company a “buy” rating in a research note on Thursday, August 3rd. Finally, BidaskClub upgraded shares of Criteo from a “sell” rating to a “hold” rating in a research note on Wednesday, June 21st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company. Criteo has a consensus rating of “Hold” and an average target price of $55.98.

Hedge funds have recently made changes to their positions in the stock. FMR LLC raised its stake in shares of Criteo by 1.2% in the second quarter. FMR LLC now owns 6,475,439 shares of the information services provider’s stock valued at $317,620,000 after buying an additional 76,439 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its position in Criteo by 6.2% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,124,070 shares of the information services provider’s stock valued at $106,182,000 after buying an additional 124,005 shares in the last quarter. Comgest Global Investors S.A.S. increased its position in Criteo by 1.8% in the second quarter. Comgest Global Investors S.A.S. now owns 1,930,692 shares of the information services provider’s stock valued at $94,700,000 after buying an additional 34,500 shares in the last quarter. Bank of New York Mellon Corp increased its position in Criteo by 111.4% in the first quarter. Bank of New York Mellon Corp now owns 1,638,336 shares of the information services provider’s stock valued at $81,899,000 after buying an additional 863,485 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Criteo by 15.6% in the second quarter. Ameriprise Financial Inc. now owns 1,582,157 shares of the information services provider’s stock valued at $77,591,000 after buying an additional 213,052 shares in the last quarter. Institutional investors and hedge funds own 85.03% of the company’s stock.

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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