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Megan Clarken, the Chief Executive Officer of Criteo S.A. (NASDAQ:CRTO), recently sold a portion of her holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Clarken sold a total of 14,690 ordinary shares on February 14, 2025. The shares were sold at prices ranging from $43.40 to $44.06 per share, amounting to a total transaction value of $642,563. The sale comes as Criteo demonstrates strong financial health, with InvestingPro data showing a perfect Piotroski Score of 9 and impressive returns of 38% over the past year.
Following these transactions, Clarken retains ownership of 473,539 shares in Criteo, representing a significant stake in the $2.4 billion market cap company. Each ordinary share may also be represented by American Depositary Shares, which correspond to the ordinary shares. According to InvestingPro analysis, Criteo appears undervalued at current levels, with 13 additional exclusive insights available to subscribers.
The sales were executed in multiple transactions, with the specifics of each transaction available upon request from the issuer or the SEC. The company maintains strong financial metrics, with more cash than debt on its balance sheet and healthy liquidity ratios.
In other recent news, Criteo S.A. has been the subject of notable attention from various analysts. BMO Capital Markets has raised its price target for Criteo to $60, maintaining an Outperform rating. This adjustment follows Criteo's impressive fourth-quarter results for 2024, which surpassed market expectations with a 2% increase in Contribution ex-TAC and an adjusted EBITDA that was 22% higher than anticipated. Meanwhile, both Benchmark and DA Davidson have maintained their Buy ratings on Criteo's stock, with price targets of $51 and $53 respectively.
In addition to financial revisions, Criteo has announced the appointment of Michael Komasinski as its new Chief Executive Officer. Komasinski, bringing over two decades of experience in AdTech, is expected to further strengthen Criteo's position as a leading commerce media platform. These recent developments reflect the ongoing evolution of Criteo in the competitive AdTech landscape.
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