Criteo (NASDAQ:CRTO) Trading Up 3.4%

Criteo S.A. (NASDAQ:CRTO) was up 3.4% during mid-day trading on Wednesday . The stock traded as high as $35.09 and last traded at $34.81. Approximately 122,621 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 238,833 shares. The stock had previously closed at $33.65.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on Criteo from $27.00 to $31.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. TheStreet raised Criteo from a “c” rating to a “b-” rating in a research report on Friday, February 9th. Susquehanna increased their price objective on shares of Criteo from $26.00 to $33.00 and gave the company a “neutral” rating in a research report on Thursday, February 8th. DA Davidson lifted their price objective on shares of Criteo from $27.00 to $35.00 and gave the company a “neutral” rating in a research note on Monday, March 4th. Finally, BMO Capital Markets raised their price target on shares of Criteo from $28.00 to $31.00 and gave the company a “market perform” rating in a report on Thursday, February 8th. Five analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.11.

Criteo Trading Up 2.6 %

The stock has a market capitalization of $1.91 billion, a P/E ratio of 37.81 and a beta of 0.95. The stock’s 50 day simple moving average is $33.71 and its 200 day simple moving average is $28.51.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings results on Wednesday, February 7th. The information services provider reported $1.24 EPS for the quarter, topping the consensus estimate of $0.94 by $0.30. The business had revenue of $316.38 million for the quarter, compared to analysts’ expectations of $300.35 million. Criteo had a net margin of 2.73% and a return on equity of 10.42%. On average, sell-side analysts expect that Criteo S.A. will post 2.3 EPS for the current fiscal year.

Insider Transactions at Criteo

In related news, CFO Sarah Js Glickman sold 3,622 shares of the firm’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $24.74, for a total transaction of $89,608.28. Following the transaction, the chief financial officer now directly owns 249,706 shares in the company, valued at $6,177,726.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CFO Sarah Js Glickman sold 3,622 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $24.74, for a total transaction of $89,608.28. Following the completion of the sale, the chief financial officer now owns 249,706 shares of the company’s stock, valued at approximately $6,177,726.44. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ryan Damon sold 7,959 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $32.69, for a total transaction of $260,179.71. Following the sale, the insider now owns 144,545 shares in the company, valued at approximately $4,725,176.05. The disclosure for this sale can be found here. In the last quarter, insiders sold 86,725 shares of company stock worth $2,827,082. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Criteo

Several large investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its position in shares of Criteo by 0.7% during the first quarter. Geode Capital Management LLC now owns 47,745 shares of the information services provider’s stock worth $1,504,000 after acquiring an additional 352 shares during the last quarter. KB Financial Partners LLC grew its holdings in Criteo by 4.1% in the 2nd quarter. KB Financial Partners LLC now owns 9,542 shares of the information services provider’s stock worth $322,000 after buying an additional 372 shares in the last quarter. JPMorgan Chase & Co. increased its position in Criteo by 9.4% in the 4th quarter. JPMorgan Chase & Co. now owns 5,911 shares of the information services provider’s stock valued at $154,000 after acquiring an additional 506 shares during the period. Barclays PLC raised its stake in Criteo by 6.3% during the 4th quarter. Barclays PLC now owns 9,614 shares of the information services provider’s stock valued at $243,000 after acquiring an additional 568 shares in the last quarter. Finally, Great West Life Assurance Co. Can increased its holdings in shares of Criteo by 128.2% during the first quarter. Great West Life Assurance Co. Can now owns 1,043 shares of the information services provider’s stock valued at $33,000 after purchasing an additional 586 shares during the period. 94.27% of the stock is owned by institutional investors and hedge funds.

Criteo Company 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.