967 Shares in Criteo S.A. (NASDAQ:CRTO) Purchased by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC acquired a new stake in Criteo S.A. (NASDAQ:CRTOGet Rating) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 967 shares of the information services provider’s stock, valued at approximately $26,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. increased its stake in Criteo by 23.9% in the 2nd quarter. Assetmark Inc. now owns 3,249 shares of the information services provider’s stock valued at $79,000 after buying an additional 627 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Criteo by 59.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,405 shares of the information services provider’s stock valued at $132,000 after buying an additional 2,017 shares during the last quarter. KB Financial Partners LLC increased its stake in Criteo by 32.3% in the 1st quarter. KB Financial Partners LLC now owns 10,926 shares of the information services provider’s stock valued at $298,000 after buying an additional 2,667 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Criteo by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 156,096 shares of the information services provider’s stock valued at $3,809,000 after buying an additional 5,603 shares during the last quarter. Finally, Black Creek Investment Management Inc. increased its stake in Criteo by 19.9% in the 2nd quarter. Black Creek Investment Management Inc. now owns 39,233 shares of the information services provider’s stock valued at $957,000 after buying an additional 6,500 shares during the last quarter. Hedge funds and other institutional investors own 88.25% of the company’s stock.

Criteo Trading Up 2.4 %

CRTO opened at $28.74 on Friday. The company has a 50 day moving average of $26.54 and a 200 day moving average of $26.23. The company has a market cap of $1.73 billion, a PE ratio of 15.62 and a beta of 0.80. Criteo S.A. has a 12 month low of $20.56 and a 12 month high of $36.94.

Criteo (NASDAQ:CRTOGet Rating) last released its quarterly earnings data on Friday, October 28th. The information services provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.07). The business had revenue of $213.38 million during the quarter, compared to the consensus estimate of $221.46 million. Criteo had a return on equity of 13.20% and a net margin of 5.60%. Research analysts forecast that Criteo S.A. will post 1.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Ryan Damon sold 3,100 shares of the firm’s stock in a transaction that occurred on Friday, November 18th. The shares were sold at an average price of $26.51, for a total value of $82,181.00. Following the completion of the transaction, the insider now directly owns 148,848 shares of the company’s stock, valued at approximately $3,945,960.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Criteo news, CFO Sarah Js Glickman sold 53,734 shares of the firm’s stock in a transaction on Monday, October 24th. The shares were sold at an average price of $26.05, for a total value of $1,399,770.70. Following the completion of the transaction, the chief financial officer now directly owns 203,728 shares of the company’s stock, valued at approximately $5,307,114.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Ryan Damon sold 3,100 shares of the firm’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $26.51, for a total transaction of $82,181.00. Following the completion of the transaction, the insider now directly owns 148,848 shares of the company’s stock, valued at $3,945,960.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 67,019 shares of company stock valued at $1,749,021. Company insiders own 0.89% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a research note on Monday, December 12th. Morgan Stanley raised their price target on shares of Criteo from $35.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Wednesday. JPMorgan Chase & Co. decreased their price target on shares of Criteo from $30.00 to $28.00 and set a “neutral” rating for the company in a research note on Tuesday, October 25th. Finally, Citigroup initiated coverage on shares of Criteo in a research note on Tuesday, December 13th. They set a “buy” rating and a $36.00 price target for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.29.

Criteo Profile

(Get Rating)

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.

Further Reading

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Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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