James Warner Sells 1,250 Shares of Criteo S.A. (CRTO) Stock
Criteo S.A. (NASDAQ:CRTO) Director James Warner sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $51.49, for a total value of $64,362.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
James Warner also recently made the following trade(s):
- On Monday, July 17th, James Warner sold 1,250 shares of Criteo stock. The stock was sold at an average price of $50.46, for a total value of $63,075.00.
- On Thursday, June 15th, James Warner sold 1,250 shares of Criteo stock. The stock was sold at an average price of $46.98, for a total value of $58,725.00.
Shares of Criteo S.A. (NASDAQ:CRTO) traded up 2.04% on Wednesday, hitting $50.14. The company’s stock had a trading volume of 691,029 shares. The company has a 50 day moving average of $50.19 and a 200 day moving average of $49.79. Criteo S.A. has a 1-year low of $32.83 and a 1-year high of $56.00.
Criteo (NASDAQ:CRTO) last released its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.05. The company had revenue of $220 million during the quarter, compared to analyst estimates of $212.55 million. Criteo had a return on equity of 13.94% and a net margin of 3.48%. The company’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 earnings per share. Equities research analysts expect that Criteo S.A. will post $2.43 earnings per share for the current fiscal year.
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A number of research analysts recently issued reports on the company. KeyCorp assumed coverage on Criteo in a research note on Monday, July 31st. They set an “overweight” rating and a $62.00 price target on the stock. Deutsche Bank AG raised their price target on Criteo from $64.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Cowen and Company restated an “outperform” rating and set a $61.00 price target (up previously from $60.00) on shares of Criteo in a research note on Thursday, August 3rd. Zacks Investment Research downgraded Criteo from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. Finally, BidaskClub downgraded Criteo from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company’s stock. Criteo currently has an average rating of “Hold” and a consensus target price of $55.98.
Hedge funds have recently added to or reduced their stakes in the stock. Hussman Strategic Advisors Inc. acquired a new stake in Criteo during the first quarter worth about $200,000. Shaker Investments LLC OH raised its stake in Criteo by 0.6% in the first quarter. Shaker Investments LLC OH now owns 84,495 shares of the information services provider’s stock worth $4,224,000 after buying an additional 485 shares during the last quarter. Wells Fargo & Company MN raised its stake in Criteo by 3,457.6% in the first quarter. Wells Fargo & Company MN now owns 122,381 shares of the information services provider’s stock worth $6,118,000 after buying an additional 118,941 shares during the last quarter. Exane Derivatives acquired a new stake in Criteo during the first quarter worth about $5,405,000. Finally, Sumitomo Mitsui Asset Management Company LTD raised its stake 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 worth $106,182,000 after buying an additional 124,005 shares during the last quarter. Institutional investors own 84.51% of the company’s stock.
Criteo Company Profile
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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