Criteo S.A ADR’s filing revealed that its Chief Executive Officer Clarken Megan unloaded Company’s shares for reported $0.55 million on Mar 14 ’24. In the deal valued at $35.00 per share,15,837 shares were sold. As a result of this transaction, Clarken Megan now holds 537,096 shares worth roughly $18.07 million.
Then, Clarken Megan sold 5,485 shares, generating $191,975 in total proceeds. Upon selling the shares at $35.00, the Chief Executive Officer now owns 552,933 shares.
Before that, Damon Ryan sold 1,974 shares. Criteo S.A ADR shares valued at $64,964 were divested by the Chief Legal Officer at a price of $32.91 per share. As a result of the transaction, Damon Ryan now holds 176,230 shares, worth roughly $5.93 million.
Wells Fargo upgraded its Criteo S.A ADR [CRTO] rating to an Overweight from a an Equal weight in a research note published on February 08, 2024; the price target was increased to $41 from $28. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early January with a ‘”a Market perform”‘ rating. KeyBanc Capital Markets began covering CRTO with “an Overweight” recommendation on October 24, 2023. Wells Fargo started covering the stock on June 27, 2023. It rated CRTO as “an Equal weight”.
Price Performance Review of CRTO
On Tuesday, Criteo S.A ADR [NASDAQ:CRTO] saw its stock fall -1.46% to $33.65. Over the last five days, the stock has lost -4.21%. Criteo S.A ADR shares have risen nearly 32.90% since the year began. Nevertheless, the stocks have risen 6.15% over the past one year. While a 52-week high of $36.00 was reached on 04/03/24, a 52-week low of $22.10 was recorded on 01/09/24. SMA at 50 days reached $33.43, while 200 days put it at $29.25. A total of 0.42 million shares were traded, compared to the trading of 0.21 million shares in the previous session.
Levels Of Support And Resistance For CRTO Stock
The 24-hour chart illustrates a support level at 33.17, which if violated will result in even more drops to 32.68. On the upside, there is a resistance level at 34.32. A further resistance level may holdings at 34.98. The Relative Strength Index (RSI) on the 14-day chart is 40.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.81, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.68%. Stochastics %K at 9.58% indicates the stock is a buying.
The most recent change occurred on December 13, 2022 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $36 price target.
