Criteo S.A. (NASDAQ:CRTO) Shares Purchased by Seizert Capital Partners LLC

Seizert Capital Partners LLC boosted its stake in Criteo S.A. (NASDAQ:CRTO) by 189.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 101,135 shares of the information services provider’s stock after acquiring an additional 66,210 shares during the period. Seizert Capital Partners LLC’s holdings in Criteo were worth $4,001,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in Criteo in the 3rd quarter valued at about $50,000. Palumbo Wealth Management LLC acquired a new position in Criteo during the 4th quarter worth approximately $208,000. Blue Trust Inc. increased its position in Criteo by 51.9% during the 4th quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider’s stock worth $226,000 after purchasing an additional 1,916 shares during the period. Assetmark Inc. increased its position in Criteo by 8.2% during the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider’s stock worth $226,000 after purchasing an additional 424 shares during the period. Finally, Barclays PLC increased its position in Criteo by 40.6% during the 3rd quarter. Barclays PLC now owns 6,186 shares of the information services provider’s stock worth $249,000 after purchasing an additional 1,787 shares during the period. Institutional investors and hedge funds own 94.27% of the company’s stock.

Insider Activity at Criteo

In other news, insider Brian Gleason sold 1,924 shares of the firm’s stock in a transaction on Friday, January 31st. The stock was sold at an average price of $38.08, for a total transaction of $73,265.92. Following the sale, the insider now owns 137,161 shares in the company, valued at $5,223,090.88. This trade represents a 1.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Megan Clarken sold 13,823 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $43.56, for a total value of $602,129.88. Following the sale, the chief executive officer now owns 488,229 shares in the company, valued at $21,267,255.24. This trade represents a 2.75 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,156 shares of company stock valued at $1,243,028. 1.71% of the stock is owned by corporate insiders.

Criteo Stock Performance

CRTO stock opened at $37.35 on Wednesday. Criteo S.A. has a 1 year low of $32.45 and a 1 year high of $49.93. The stock’s 50 day moving average price is $40.18 and its 200 day moving average price is $41.11. The firm has a market cap of $2.16 billion, a P/E ratio of 22.23 and a beta of 1.05.

Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, February 5th. The information services provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.37 by $0.04. Criteo had a return on equity of 16.37% and a net margin of 5.08%. On average, research analysts predict that Criteo S.A. will post 3.09 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. StockNews.com cut Criteo from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Benchmark reiterated a “buy” rating and set a $51.00 target price on shares of Criteo in a research report on Tuesday, February 4th. Wells Fargo & Company boosted their target price on Criteo from $63.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley boosted their target price on Criteo from $42.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Finally, DA Davidson boosted their price target on Criteo from $53.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Criteo has a consensus rating of “Moderate Buy” and an average price target of $52.90.

About Criteo

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.