Mary Spilman Sells 894 Shares of Criteo SA (CRTO) Stock

Criteo SA (NASDAQ:CRTO) COO Mary Spilman sold 894 shares of the firm’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $22.22, for a total value of $19,864.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Mary Spilman also recently made the following trade(s):

  • On Monday, October 29th, Mary Spilman sold 478 shares of Criteo stock. The shares were sold at an average price of $20.32, for a total value of $9,712.96.

Shares of Criteo stock traded down $0.57 during trading on Friday, reaching $20.31. The company’s stock had a trading volume of 13,767 shares, compared to its average volume of 517,414. The firm has a market capitalization of $1.45 billion, a PE ratio of 12.50, a PEG ratio of 2.84 and a beta of 1.48. Criteo SA has a one year low of $19.85 and a one year high of $36.66.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, October 31st. The information services provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. The business had revenue of $223.00 million for the quarter, compared to analyst estimates of $222.00 million. Criteo had a return on equity of 12.98% and a net margin of 4.50%. The firm’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.65 earnings per share. On average, analysts predict that Criteo SA will post 1.52 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of CRTO. Bank of New York Mellon Corp increased its stake in shares of Criteo by 1,231.7% in the second quarter. Bank of New York Mellon Corp now owns 1,907,183 shares of the information services provider’s stock worth $62,652,000 after purchasing an additional 1,763,968 shares during the period. FMR LLC grew its position in Criteo by 81.3% during the second quarter. FMR LLC now owns 1,502,700 shares of the information services provider’s stock worth $49,364,000 after buying an additional 673,700 shares in the last quarter. Acadian Asset Management LLC grew its position in Criteo by 168.7% during the third quarter. Acadian Asset Management LLC now owns 584,629 shares of the information services provider’s stock worth $13,411,000 after buying an additional 367,081 shares in the last quarter. Wells Fargo & Company MN grew its position in Criteo by 17,943.3% during the second quarter. Wells Fargo & Company MN now owns 335,606 shares of the information services provider’s stock worth $11,024,000 after buying an additional 333,746 shares in the last quarter. Finally, NN Investment Partners Holdings N.V. grew its position in Criteo by 32.4% during the second quarter. NN Investment Partners Holdings N.V. now owns 1,007,985 shares of the information services provider’s stock worth $33,112,000 after buying an additional 246,792 shares in the last quarter. Institutional investors and hedge funds own 86.36% of the company’s stock.

Several equities analysts have weighed in on the company. BidaskClub upgraded Criteo from a “sell” rating to a “hold” rating in a report on Thursday, September 20th. KeyCorp cut their target price on Criteo from $50.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, August 2nd. Zacks Investment Research lowered Criteo from a “hold” rating to a “sell” rating in a report on Monday, October 15th. Nomura cut their target price on Criteo from $30.00 to $25.00 and set a “neutral” rating on the stock in a report on Thursday, November 1st. Finally, DA Davidson assumed coverage on Criteo in a report on Monday, October 8th. They set a “neutral” rating and a $25.00 target price on the stock. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $31.44.

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Criteo Company Profile

Criteo SA, a technology company, engages in digital performance marketing in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo Engine solutions include recommendation algorithms that create tailored advertisements to specific customer interest by determining the specific products and services to include in the advertisement; predictive bidding algorithms that predict the probability and nature of a user's engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients.

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