Criteo S.a. (CRTO) Files Form 4 Insider Selling : Benoit Fouilland Sells 876 Shares

Criteo S.a. (CRTO): Benoit Fouilland , Chief Financial Officer of Criteo S.a. sold 876 shares on Jul 5, 2016. The Insider selling transaction was reported by the company on Jul 7, 2016 to the Securities and Exchange Commission. The shares were sold at $44.04 per share for a total value of $38,521.70 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jul 5, 2016, Jean-baptiste Rudelle (Executive Chairman) sold 48,462 shares at $46.13 per share price.On Jul 5, 2016, Benoit Fouilland (Chief Financial Officer) sold 876 shares at $46.00 per share price.Also, On Jun 28, 2016, Romain Niccoli (Chief Product Officer) sold 15,375 shares at $41.58 per share price.On Jun 21, 2016, Eric Eichmann (Chief Executive Officer) sold 2,970 shares at $46.02 per share price.

Shares of Criteo SA (ADR) (CRTO) ended Tuesday, Jul 6, 2016 session in red amid volatile trading. The shares closed down -1.6 points or -3.51% at $44.03 with 4,80,353 shares getting traded. Post opening the session at $45.1, the shares hit an intraday low of $43.13 and an intraday high of $45.69 and the price vacillated in this range throughout the day. The company has a market cap of $2,777 M and the number of outstanding shares has been calculated to be 6,30,63,279 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 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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