Criteo SA (CRTO) Insider Jean-Baptiste Rudelle Sells 46,246 Shares

Criteo SA (NASDAQ:CRTO) insider Jean-Baptiste Rudelle sold 46,246 shares of the stock in a transaction dated Thursday, April 13th. The stock was sold at an average price of $49.81, for a total value of $2,303,513.26. Following the completion of the sale, the insider now owns 2,550,721 shares of the company’s stock, valued at $127,051,413.01. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Jean-Baptiste Rudelle also recently made the following trade(s):

  • On Tuesday, April 11th, Jean-Baptiste Rudelle sold 103,754 shares of Criteo SA stock. The stock was sold at an average price of $50.27, for a total value of $5,215,713.58.
  • On Tuesday, March 14th, Jean-Baptiste Rudelle sold 52,127 shares of Criteo SA stock. The stock was sold at an average price of $48.41, for a total value of $2,523,468.07.
  • On Friday, March 10th, Jean-Baptiste Rudelle sold 84,873 shares of Criteo SA stock. The stock was sold at an average price of $49.68, for a total value of $4,216,490.64.

Shares of Criteo SA (NASDAQ:CRTO) traded down 0.20% on Thursday, reaching $49.92. The company had a trading volume of 246,392 shares. The stock has a market cap of $3.07 billion, a PE ratio of 39.94 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 stock has a 50-day moving average price of $49.61 and a 200-day moving average price of $43.04.

Criteo SA (NASDAQ:CRTO) last announced its earnings results on Wednesday, February 22nd. The company reported $0.84 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.68 by $0.16. The firm had revenue of $225 million for the quarter, compared to the consensus estimate of $210.34 million. Criteo SA had a return on equity of 15.99% and a net margin of 4.96%. The business’s quarterly revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.66 EPS. Analysts predict that Criteo SA will post $2.54 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Criteo SA (NASDAQ:CRTO)

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A number of research analysts recently issued reports on the company. Stifel Nicolaus increased their price objective on Criteo SA from $41.00 to $43.00 and gave the stock a “hold” rating in a report on Thursday, February 23rd. Cowen and Company reiterated an “outperform” rating on shares of Criteo SA in a report on Friday, February 17th. Royal Bank of Canada reiterated a “buy” rating and set a $56.00 price objective on shares of Criteo SA in a report on Wednesday, February 22nd. Susquehanna Bancshares Inc reiterated a “neutral” rating and set a $42.00 price objective (up from $37.00) on shares of Criteo SA in a report on Thursday, February 23rd. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $66.00 price objective on shares of Criteo SA in a report on Thursday, January 12th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Criteo SA has a consensus rating of “Buy” and a consensus price target of $52.00.

A number of hedge funds and other institutional investors have recently made changes to their positions in CRTO. Herald Investment Management Ltd bought a new position in shares of Criteo SA during the fourth quarter valued at approximately $246,000. BNP Paribas Arbitrage SA increased its position in shares of Criteo SA by 121.0% in the third quarter. BNP Paribas Arbitrage SA now owns 7,221 shares of the company’s stock valued at $254,000 after buying an additional 3,954 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Criteo SA by 47.4% in the third quarter. PNC Financial Services Group Inc. now owns 8,270 shares of the company’s stock valued at $290,000 after buying an additional 2,659 shares during the last quarter. 1492 Capital Management LLC increased its position in shares of Criteo SA by 56.3% in the third quarter. 1492 Capital Management LLC now owns 13,035 shares of the company’s stock valued at $458,000 after buying an additional 4,694 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA increased its position in shares of Criteo SA by 34.0% in the third quarter. Compagnie Lombard Odier SCmA now owns 16,176 shares of the company’s stock valued at $567,000 after buying an additional 4,107 shares during the last quarter. 72.24% of the stock is currently owned by hedge funds and other 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.

5 Day Chart for NASDAQ:CRTO

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