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Checking in on Criteo S.A ADR (CRTO) after recent insiders movement

Criteo S.A ADR’s recent filing unveils that its Chief Legal Officer Damon Ryan unloaded Company’s shares for reported $0.8 million on May 06 ’24. In the deal valued at $37.12 per share,21,661 shares were sold. As a result of this transaction, Damon Ryan now holds 154,569 shares worth roughly $5.84 million.

Then, Glickman Sarah JS sold 5,504 shares, generating $194,836 in total proceeds. Upon selling the shares at $35.40, the Chief Financial Officer now owns 327,232 shares.

Before that, Clarken Megan sold 15,837 shares. Criteo S.A ADR shares valued at $554,295 were divested by the Chief Executive Officer at a price of $35.00 per share. As a result of the transaction, Clarken Megan now holds 537,096 shares, worth roughly $20.29 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 jump 1.50% to $37.78. Over the last five days, the stock has gained 7.82%. Criteo S.A ADR shares have risen nearly 49.21% since the year began. Nevertheless, the stocks have risen 18.92% over the past one year. While a 52-week high of $39.54 was reached on 05/02/24, a 52-week low of $22.10 was recorded on 01/09/24. SMA at 50 days reached $34.91, while 200 days put it at $29.42. A total of 0.26 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 36.88, which if violated will result in even more drops to 35.97. On the upside, there is a resistance level at 38.39. A further resistance level may holdings at 38.99. The Relative Strength Index (RSI) on the 14-day chart is 65.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.37, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.77%. Stochastics %K at 67.66% indicates the stock is a holding.

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.

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