Callan Family Office LLC Takes $443,000 Position in Criteo S.A. (NASDAQ:CRTO)

Callan Family Office LLC purchased a new position in shares of Criteo S.A. (NASDAQ:CRTO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 11,195 shares of the information services provider’s stock, valued at approximately $443,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new position in Criteo during the third quarter worth about $50,000. Palumbo Wealth Management LLC acquired a new position in shares of Criteo during the 4th quarter worth approximately $208,000. Assetmark Inc. lifted its stake in Criteo by 8.2% in the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider’s stock valued at $226,000 after buying an additional 424 shares in the last quarter. Blue Trust Inc. grew its holdings in Criteo by 51.9% during the 4th quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider’s stock valued at $226,000 after buying an additional 1,916 shares during the last quarter. Finally, Barclays PLC increased its position in Criteo by 40.6% during the third quarter. Barclays PLC now owns 6,186 shares of the information services provider’s stock worth $249,000 after buying an additional 1,787 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Stifel Nicolaus restated a “buy” rating and issued a $61.00 price objective (up from $59.00) on shares of Criteo in a research report on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $51.00 price target on shares of Criteo in a research note on Tuesday, February 4th. DA Davidson upped their price objective on shares of Criteo from $53.00 to $57.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th. BMO Capital Markets lifted their target price on shares of Criteo from $48.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Finally, Wells Fargo & Company boosted their price target on Criteo from $63.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $52.90.

Insider Activity at Criteo

In other Criteo news, insider Brian Gleason sold 3,135 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the transaction, the insider now owns 139,085 shares in the company, valued at $5,139,190.75. The trade was a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Megan Clarken sold 13,823 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $43.56, for a total value of $602,129.88. Following the completion of the sale, the chief executive officer now owns 488,229 shares of the company’s stock, valued at approximately $21,267,255.24. This trade represents a 2.75 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 29,156 shares of company stock worth $1,243,028. Company insiders own 1.71% of the company’s stock.

Criteo Stock Down 2.8 %

Shares of NASDAQ CRTO opened at $36.66 on Monday. The stock has a market capitalization of $2.12 billion, a PE ratio of 21.82 and a beta of 0.98. The firm has a fifty day moving average of $39.92 and a 200-day moving average of $40.79. Criteo S.A. has a 52-week low of $32.71 and a 52-week high of $49.93.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, topping the consensus estimate of $1.37 by $0.04. Criteo had a return on equity of 16.37% and a net margin of 5.08%. Equities research analysts expect that Criteo S.A. will post 3.09 EPS for the current fiscal year.

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.