Criteo S.a. (CRTO) Files Form 4 Insider Selling : Jean-baptiste Rudelle Sells 5,949 Shares

Criteo S.a. (CRTO): Jean-baptiste Rudelle , Executive Chairman of Criteo S.a. sold 5,949 shares on May 10, 2016. The Insider selling transaction was reported by the company on May 12, 2016 to the Securities and Exchange Commission. The shares were sold at $43.00 per share for a total value of $255,807.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 10, 2016, Jean-baptiste Rudelle (Executive Chairman) sold 100 shares at $43.00 per share price.On May 10, 2016, Romain Niccoli (Chief Technology Officer) sold 15,385 shares at $41.90 per share price.Also, On May 10, 2016, Benoit Fouilland (Chief Financial Officer) sold 876 shares at $41.64 per share price.On Apr 26, 2016, Eric Eichmann (Chief Executive Officer) sold 10,000 shares at $43.04 per share price.

Criteo SA (ADR): On Tuesday, May 10, 2016 heightened volatility was witnessed in Criteo SA (ADR) which led to swings in the share price. The shares opened for trading at $41.75 and hit $43.01 on the upside , eventually ending the session at $42.4, with a gain of 1.22% or 0.51 points. The heightened volatility saw the trading volume jump to 4,15,881 shares. The 52-week high of the share price is $57.3027 and the company has a market cap of $2,674 M . The 52-week low of the share price is at $24.23.

Criteo SA (ADR) Money Flow Index Chart

Company has been under the radar of several Street Analysts.Criteo SA (ADR) is Reiterated by RBC Capital Mkts to Outperform while Lowering the Price Target of the company shares to $ 55 from a previous price target of $58 . The Rating was issued on May 5, 2016.Criteo SA (ADR) is Initiated by Citigroup to Buy and the brokerage firm has set the Price Target at $56. The Rating was issued on Apr 12, 2016.

Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Company’s 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 multiple machine learning algorithms-in particular prediction and recommendation algorithms-and the global hardware and software infrastructure. The Company delivers its solution through a range of marketing channels including display advertising banners delivered on Web browsers display advertising banners delivered on social platforms display advertising banners delivered in mobile applications and marketing e-mail messages delivered to opt-in e-mail addresses. The Company operates in 69 countries through a network of 21 international offices located in Europe the Americas and the Asia- Pacific region.

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