The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Criteo S.A ADR shares valued at $118,811 were purchased by Damon Ryan on Dec 13 ’24. At $42.54 per share, Damon Ryan acquired 2,793 shares.
Also, Damon Ryan sold 2,793 shares, netting a total of over 118,814 in proceeds. Following the sale of shares at $42.54 each, the insider now holds 115,646 shares.
Before that, Damon Ryan had sold 2,885 shares from its account. In a trade valued at $116,439, the Chief Legal Officer traded Criteo S.A ADR shares for $40.36 each. Upon closing the transaction, the insider’s holdings decreased to 2,885 shares, worth approximately $4.63 million.
As published in their initiating research note from Wells Fargo on October 29, 2024, Criteo S.A ADR [CRTO] has been an Overweight and the price target has been revised to $70. Analysts at DA Davidson upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of July 30, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for CRTO. Earlier on May 24, 2024, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for CRTO stock which previously was a “a Market perform”.
Analyzing CRTO Stock Performance
During the last five days, there has been a drop of approximately -1.11%. Over the course of the year, Criteo S.A ADR shares have dropped approximately -1.11%. Shares of the company reached a 52-week high of $41.76 on 01/06/25 and a 52-week low of $38.45 on 01/08/25. A 50-day SMA is recorded $39.55, while a 200-day SMA reached $40.06. Nevertheless, trading volume fell to 0.23 million shares from 0.52 million shares the previous day.
Support And Resistance Levels for Criteo S.A ADR (CRTO)
According to the 24-hour chart, there is a support level at 38.62, which, if violated, would cause prices to drop to 38.12. In the upper region, resistance lies at 39.45. The next price resistance is at 39.78. RSI (Relative Strength Index) is 41.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.34, which suggests the price will decrease in the coming days. Percent R is at 87.68%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
