Till Hufnagel Sells 1,540 Shares of Criteo S.A. (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) major shareholder Till Hufnagel sold 1,540 shares of Criteo stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $37.07, for a total transaction of $57,087.80. Following the completion of the sale, the insider now directly owns 1,759,275 shares of the company’s stock, valued at $65,216,324.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Till Hufnagel also recently made the following trade(s):

• On Tuesday, May 14th, Till Hufnagel bought 6,000 shares of Criteo stock. The stock was purchased at an average price of $37.67 per share, with a total value of $226,020.00.

Criteo Trading Up 4.1 %

Shares of NASDAQ:CRTO opened at $39.00 on Friday. Criteo S.A. has a 1-year low of $22.10 and a 1-year high of $39.54. The stock has a market cap of $2.21 billion, a PE ratio of 40.21 and a beta of 0.95. The stock’s fifty day simple moving average is $35.93 and its two-hundred day simple moving average is $30.18.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Thursday, May 2nd. The information services provider reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.14. Criteo had a net margin of 2.96% and a return on equity of 12.33%. The company had revenue of $253.89 million for the quarter, compared to analyst estimates of $246.10 million. On average, sell-side analysts forecast that Criteo S.A. will post 2.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CRTO shares. Benchmark reiterated a “buy” rating and issued a $40.00 price target on shares of Criteo in a report on Tuesday, April 30th. KeyCorp increased their target price on Criteo from $36.00 to $37.00 and gave the stock an “overweight” rating in a report on Wednesday, May 1st. JPMorgan Chase & Co. boosted their price target on shares of Criteo from $31.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, May 3rd. DA Davidson upped their price objective on shares of Criteo from $35.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, May 3rd. Finally, StockNews.com upgraded shares of Criteo from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 8th. Four research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Criteo presently has an average rating of “Moderate Buy” and an average price target of $39.44.

Hedge Funds Weigh In On Criteo

A number of hedge funds and other institutional investors have recently modified their holdings of CRTO. Bessemer Group Inc. increased its position in shares of Criteo by 5.2% during the first quarter. Bessemer Group Inc. now owns 13,803 shares of the information services provider’s stock valued at $484,000 after acquiring an additional 682 shares during the last quarter. Covestor Ltd grew its stake in Criteo by 64.1% in the 1st quarter. Covestor Ltd now owns 1,838 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 718 shares during the period. CenterBook Partners LP grew its stake in Criteo by 6.0% in the 3rd quarter. CenterBook Partners LP now owns 13,432 shares of the information services provider’s stock valued at $392,000 after purchasing an additional 766 shares during the period. Sei Investments Co. increased its position in shares of Criteo by 0.8% during the 1st quarter. Sei Investments Co. now owns 101,186 shares of the information services provider’s stock valued at $3,549,000 after purchasing an additional 768 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Criteo by 7.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 11,350 shares of the information services provider’s stock worth $287,000 after purchasing an additional 822 shares during the period. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Criteo Company Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.