Resources Investment Advisors LLC. bought a new position in shares of Criteo S.A. (NASDAQ:CRTO – Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,170 shares of the information services provider’s stock, valued at approximately $289,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Neuberger Berman Group LLC raised its holdings in shares of Criteo by 3.3% in the fourth quarter. Neuberger Berman Group LLC now owns 5,509,017 shares of the information services provider’s stock valued at $143,548,000 after acquiring an additional 178,275 shares in the last quarter. B. Riley Asset Management LLC raised its holdings in shares of Criteo by 35.7% in the fourth quarter. B. Riley Asset Management LLC now owns 197,744 shares of the information services provider’s stock valued at $5,153,000 after acquiring an additional 52,063 shares in the last quarter. Zweig DiMenna Associates LLC bought a new stake in shares of Criteo in the first quarter valued at about $293,000. Weil Company Inc. raised its holdings in shares of Criteo by 9.7% in the first quarter. Weil Company Inc. now owns 50,681 shares of the information services provider’s stock valued at $1,597,000 after acquiring an additional 4,500 shares in the last quarter. Finally, Federated Hermes Inc. bought a new stake in shares of Criteo in the first quarter valued at about $1,910,000. 76.16% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Criteo news, CFO Sarah Js Glickman sold 5,461 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $32.63, for a total value of $178,192.43. Following the sale, the chief financial officer now owns 258,832 shares in the company, valued at approximately $8,445,688.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Criteo news, CFO Sarah Js Glickman sold 5,461 shares of the company’s stock in a transaction that occurred on Monday, July 24th. The stock was sold at an average price of $32.63, for a total value of $178,192.43. Following the sale, the chief financial officer now owns 258,832 shares in the company, valued at approximately $8,445,688.16. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Der Kooi Frederik Van acquired 1,500 shares of the stock in a transaction on Monday, August 7th. The stock was bought at an average price of $30.45 per share, for a total transaction of $45,675.00. Following the transaction, the director now owns 1,500 shares in the company, valued at approximately $45,675. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 12,031 shares of company stock worth $398,910. Corporate insiders own 1.10% of the company’s stock.
Criteo Stock Down 1.1 %
Criteo (NASDAQ:CRTO – Get Free Report) last issued its earnings results on Wednesday, August 2nd. The information services provider reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.10). The firm had revenue of $240.22 million during the quarter, compared to analysts’ expectations of $231.98 million. Criteo had a net margin of 0.38% and a return on equity of 5.97%. As a group, research analysts expect that Criteo S.A. will post 1.52 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on the stock. DA Davidson reduced their target price on shares of Criteo from $39.00 to $36.00 in a report on Monday, May 8th. Wells Fargo & Company assumed coverage on shares of Criteo in a report on Tuesday, June 27th. They issued an “equal weight” rating and a $37.00 target price for the company. Susquehanna reduced their target price on shares of Criteo from $38.00 to $36.00 in a report on Thursday, May 4th. TheStreet downgraded shares of Criteo from a “b-” rating to a “c” rating in a report on Wednesday, May 3rd. Finally, StockNews.com assumed coverage on shares of Criteo in a report on Thursday, August 17th. They issued a “buy” rating for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Criteo has a consensus rating of “Hold” and an average price target of $37.00.
View Our Latest Analysis on Criteo
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.
Featured Stories
- Five stocks we like better than Criteo
- The How and Why of Investing in Large-Cap Stocks
- Can These 2 Industrial Titans Extend Double-Digit YTD Growth?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- How to Profit from These 3 Membership Club Stocks’ Strengths
- There Are Different Types of Stock To Invest In
- 5 Best High-Yield Dividend Stocks for Any Economic Climate
Want to see what other hedge funds are holding CRTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Criteo S.A. (NASDAQ:CRTO – Free Report).
Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.
