Shares of Criteo S.A. (NASDAQ:CRTO) Sees Large Inflow of Net Money Flow

Criteo S.A. (NASDAQ:CRTO) dropped slightly amid mild profit booking and the last known price was $43.23 per share. The price decreased by -1.07 points or -2.42% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $2.59 million. The total upticks were valued at $12.84 million and the total downticks aggregated to $10.24 million, thereby putting the up/down ratio at 1.25,. The shares have seen a change in the share price of -5.71% on a weekly basis.In a big block trade which occurred today, the total uptick value was $7.17 million and the total downtick value was $4.53, resulting in an up/down ratio of 1.59. The net money flow for the block trade was calculated to be $2.65 million.


In the past twelve weeks, the net percent change held by company insiders has changed by -9.01% . Institutional Investors own 60.74% of Criteo S.A. shares. During last six month period, the net percent change held by insiders has seen a change of -13.83%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Eichmann Eric, officer (Chief Executive Officer) of Criteo S.A., had unloaded 430 shares at an average price of $46 in a transaction dated on June 7, 2016. The total value of the transaction was worth $19,780.

Criteo S.A. (NASDAQ:CRTO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.28 points or 2.89% at $43.02 with 976,855 shares getting traded. Post opening the session at $43.85, the shares hit an intraday low of $42.99 and an intraday high of $44.26 and the price was in this range throughout the day. The company has a market cap of $2,713 million and the number of outstanding shares have been calculated to be 63,063,279 shares. The 52-week high of Criteo S.A. (NASDAQ:CRTO) is $57.3027 and the 52-week low is $24.23.

Many analysts have stated their opinion on the company shares. Citigroup initiates coverage on Criteo S.A. (NASDAQ:CRTO).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Citigroup announces the price target of $56 per share. The rating by the firm was issued on April 11, 2016.

Criteo S.A. (Criteo) is a global technology company specializing in digital performance marketing. The Companys solution consists of the Criteo Engine, the Companys 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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