Criteo S.A. (NASDAQ:CRTO) Stake Lifted by Barclays PLC

Barclays PLC raised its stake in Criteo S.A. (NASDAQ:CRTO) by 40.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,186 shares of the information services provider’s stock after buying an additional 1,787 shares during the quarter. Barclays PLC’s holdings in Criteo were worth $249,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC lifted its position in Criteo by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider’s stock valued at $1,978,000 after purchasing an additional 518 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Criteo in the third quarter valued at approximately $6,676,000. MML Investors Services LLC acquired a new stake in shares of Criteo in the third quarter valued at approximately $275,000. Jane Street Group LLC raised its holdings in shares of Criteo by 1,349.3% during the third quarter. Jane Street Group LLC now owns 101,277 shares of the information services provider’s stock valued at $4,075,000 after buying an additional 94,289 shares during the last quarter. Finally, Whale Rock Capital Management LLC boosted its position in shares of Criteo by 230.1% during the third quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock worth $101,399,000 after buying an additional 1,756,507 shares during the period. Institutional investors and hedge funds own 94.27% of the company’s stock.

Criteo Trading Up 0.6 %

NASDAQ:CRTO opened at $37.71 on Tuesday. The company has a 50-day moving average of $40.10 and a 200-day moving average of $41.70. Criteo S.A. has a twelve month low of $23.90 and a twelve month high of $49.93. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of 25.66 and a beta of 1.06.

Analyst Upgrades and Downgrades

CRTO has been the topic of several analyst reports. Benchmark restated a “buy” rating and issued a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Susquehanna lowered their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. StockNews.com downgraded shares of Criteo from a “buy” rating to a “hold” rating in a report on Friday. DA Davidson lowered their target price on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Finally, Wells Fargo & Company reduced their price target on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $49.89.

Insider Buying and Selling

In other news, insider Ryan Damon sold 2,885 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the sale, the insider now directly owns 118,334 shares of the company’s stock, valued at $4,775,960.24. The trade was a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Sarah Js Glickman sold 5,442 shares of the company’s stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total value of $220,945.20. Following the sale, the chief financial officer now directly owns 313,398 shares of the company’s stock, valued at approximately $12,723,958.80. This represents a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,765 shares of company stock worth $1,009,013. Corporate insiders own 1.71% of the company’s stock.

Criteo Profile

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, 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.