CRTO - Criteo Chief Financial Officer Trades $194K In Company Stock | Benzinga
Sarah Glickman, Chief Financial Officer at Criteo (NASDAQ:CRTO), reported an insider sell on April 23, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Glickman sold 5,504 shares of Criteo. The total transaction amounted to $194,836.
Tracking the Wednesday's morning session, Criteo shares are trading at $36.5, showing a up of 2.5%.
Unveiling the Story Behind Criteo
Headquartered in Paris, Criteo is one of the leading ad-tech companies in the digital advertising market. Its technology, allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. The firm also provides technology allowing retailers to effectively manage their ad inventories and improve yield optimization.
Criteo's Financial Performance
Positive Revenue Trend: Examining Criteo's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 0.33% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a ...