Criteo S.a. (CRTO) Files Form 4 Insider Selling : Romain Niccoli Sells 15,385 Shares

Criteo S.a. (CRTO): Romain Niccoli , Chief Technology Officer of Criteo S.a. sold 15,385 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were sold at $42.16 per share for a total value of $648,631.62 , 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 4, 2016, Benoit Fouilland (Chief Financial Officer) sold 876 shares at $41.91 per share price.On May 4, 2016, Jean-baptiste Rudelle (Executive Chairman) sold 77,756 shares at $42.63 per share price.Also, On Apr 26, 2016, Romain Niccoli (Chief Technology Officer) sold 15,385 shares at $42.03 per share price.On Apr 26, 2016, Eric Eichmann (Chief Executive Officer) sold 10,000 shares at $43.04 per share price.

Shares of Criteo SA (ADR) (CRTO) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -2.15 points or -5.00% at $40.85 with 15,52,901 shares getting traded. Post opening the session at $39.25, the shares hit an intraday low of $39.04 and an intraday high of $41.19 and the price vacillated in this range throughout the day. The company has a market cap of $2,552 M and the number of outstanding shares has been calculated to be 6,24,80,517 shares. The 52-week high of Criteo SA (ADR) is $57.3027 and the 52-week low is $24.23.

Criteo SA (ADR) Money Flow Index Chart

Company has been under the radar of several Street Analysts.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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