1 week ago

Insider Transaction: Megan Clarken Sells $935K Worth Of Criteo Shares

Megan Clarken, Chief Executive Officer at Criteo (NASDAQ:CRTO), executed a substantial insider sell on February 13, according to an SEC filing.

What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Clarken sold 21,304 shares of Criteo. The total transaction value is $935,166.

During Friday's morning session, Criteo shares down by 0.0%, currently priced at $43.99.

Discovering Criteo: A Closer Look

Criteo SA is an ad-tech company 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.

Understanding the Numbers: Criteo's Finances

Revenue Challenges: Criteo's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -2.2%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.

Holistic Profitability Examination: