According to Bloomberg.com, the eleven research firms actively covering Criteo S.A. (NASDAQ: CRTO) have collectively assigned the company a ” Hold ” rating to its stock, making this rating the company’s average rating. Five analysts have given the company a recommendation to buy its stock; four analysts have recommended that the company’s stock be held; and a single analyst has recommended that the company’s stock be sold.
The stock price is forecast to be $39.63 per share, according to the majority opinion of market analysts who covered it in research reports over the preceding year.
On March 9, 51,449 shares of the company’s stock were sold by Megan Clarken, the Chief Executive Officer of the company.
This is another piece of news.
The shares were sold for a total amount that works out to an average price of $30.89 per share, bringing the total value of the transaction to $1,589,259.61. Following the transaction’s successful conclusion, the company’s CEO now directly owns 488,044 shares of the company’s stock.
The total value of these shares is $15,075,679.16.
The sale was described in a document submitted to the SEC on March 9, and that document can be found on the section of the SEC’s website that deals with the company’s stock.
The shares were sold for a total amount that works out to an average price of $30.89 per share, bringing the total value of the transaction to $1,589,259.61. Following the transaction’s successful conclusion, the company’s CEO now directly owns 488,044 shares of the company’s stock.
The total value of these shares is $15,075,679.16.
The sale was described in a document submitted to the SEC and can be located on the website of the SEC.
In other news about this topic, the company’s Chief Financial Officer, Sarah J. Glickman, sold 5,654 shares of the company’s stock on January 23.
The number of shares was acquired for a total cost of $163,683.30, equivalent to a price of $28.95 per share on an average basis.
The chief financial officer currently holds 198,074 shares, with an estimated market value of $5,734,242.30.
This gives the CFO a direct ownership stake in the business.
The sale was described in a document submitted to the SEC and can be located on the website of the SEC. On the same day, March 9, Megan Clarken, the company’s Chief Executive Officer, sold 51,449 shares of the company’s stock.
The stock was sold for a total of $1,589,259.61, which corresponds to an average price of $30.89 per share.
The proceeds were distributed as follows: Following the successful conclusion of the transaction, the company’s CEO now has direct ownership of a total of 488,044 shares of the company’s stock, which have a combined value of $15,075,679.16.
Disclosures related to the sale might be found in this website section. Over the past three months, company insiders have offloaded 106,698 shares of company stock, which together are worth a total of $3,353,488.
The current percentage of the company’s stock held by company insiders is 0.89%.
Reports on the CRTO have been compiled and distributed by several brokerage houses recently.
Benchmark raised their price objective on Criteo from $40.00 to $45.00 in a research note published on Thursday, February 9.
They also classified the stock as a “buy.” In a research note released on Friday, February 10, DA Davidson raised their price objective on Criteo from $29.00 to $39.00.
The previous price objective was $29.00.
The stock of the company was also given a rating of “neutral” by the company.
According to a research note published on Tuesday by StockNews.com, the website changed its rating on Criteo shares from “hold” to “buy,” indicating that it has a bullish sentiment regarding the company’s stock. Criteo’s share ratings were upgraded from a “c+” to a “b-” in a research note published on Friday, February 17.
The previous rating for Criteo’s stock was “c+.” In a research report published on Wednesday, January 18, Morgan Stanley increased their price target on Criteo shares from $35.00 to $38.00, assigning the stock an “equal weight” rating.
In addition, the note mentioned that the company had assigned an “equal weight” rating to the stock.
A sizeable number of shareholders have been active buyers and sellers of company stock throughout the most recent period. Standard Family Office LLC made a fresh financial commitment to Criteo for $26,000 during the year’s final three months.
During the third quarter, Wipfli Financial Advisors LLC acquired a new position in Criteo stock by purchasing shares for $26,000.
This was done to open up a new position in the company’s stock.
The value of Quadrant Capital Group LLC’s investment in Criteo increased by 106.2% during the third quarter compared to the previous quarter.
After purchasing an additional 706 shares of the information services provider’s stock during the preceding quarter, Quadrant Capital Group LLC now owns 1,371.
Based on the stock’s current price in the market, this investment is worth $37,000. Natixis increased the number of Criteo shares it owned by 284.0% over the final three months of 2018. Natixis now has 3,959 shares in the information services company, worth $103,000, after the company made an additional purchase of 2,928 shares during the most recent quarter.
During the second quarter, JPMorgan Chase & Co increased the amount of Criteo shares it owned by 59.5%, making this the last and most important point. JPMorgan Chase & Co now owns 5,405 shares of the information services provider’s stock, valued at $132,000, after purchasing 2,017 shares during the most recent quarter.
To the tune of 88.25 percent, institutional investors and hedge funds own the company’s shares.
On Thursday morning, the market’s opening price was $29.75 for each share of CRTO that was traded.
The stock’s price has reached $31.22, higher than its 50-day moving average of $28.08 and its 200-day moving average of $28.00. Currently, the stock’s price-to-earnings ratio is 31.65, it has a beta value of 0.93, and its market value is $1.88 billion.
During the previous year, the all-time high for Criteo was $36.76, while the all-time low was $20.56.
On February 8, the most recent earnings report for Criteo, which is publicly traded and can be found under the symbol NASDAQ: CRTO, was made available to the public.
The provider of information services reported earnings per share for the quarter of $0.55, which was lower than the $0.71 that analysts had anticipated it would reportThe provider of information services reported earnings per share for the quarter of $0.55, which was lower than the $0.71 that analysts had anticipated it would report.
The return on equity for Criteo was 9.25 percent, and the net margin for the company was 2.95 percent.
The company’s quarterly sales came in at $283.40 million, a significant increase compared to the projections made by analysts, which were $276.74 million.
This year, equity research analysts anticipate that Criteo will generate earnings of $1.93 per share, which would put the company in the middle of the pack in terms of profitability.