12,892 Shares in Criteo S.A. (NASDAQ:CRTO) Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC purchased a new stake in Criteo S.A. (NASDAQ:CRTO - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,892 shares of the information services provider's stock, valued at approximately $510,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Handelsbanken Fonder AB increased its stake in Criteo by 17.7% during the third quarter. Handelsbanken Fonder AB now owns 13,300 shares of the information services provider's stock worth $535,000 after acquiring an additional 2,000 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Criteo by 117.8% in the third quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider's stock worth $65,000 after acquiring an additional 869 shares in the last quarter. Blue Trust Inc. raised its stake in shares of Criteo by 99.5% in the 3rd quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider's stock valued at $139,000 after acquiring an additional 1,840 shares during the period. Congress Asset Management Co. acquired a new position in shares of Criteo during the 3rd quarter valued at $48,653,000. Finally, Farther Finance Advisors LLC purchased a new stake in Criteo during the 3rd quarter worth $50,000. Institutional investors and hedge funds own 94.27% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CRTO shares. BMO Capital Markets upped their target price on Criteo from $48.00 to $60.00 and gave the stock an "outperform" rating in a research report on Thursday, February 6th. Benchmark reaffirmed a "buy" rating and set a $51.00 target price on shares of Criteo in a research report on Tuesday, February 4th. StockNews.com upgraded Criteo from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 8th. Stifel Nicolaus reaffirmed a "buy" rating and issued a $61.00 target price (up from $59.00) on shares of Criteo in a research report on Thursday, February 6th. Finally, DA Davidson lifted their price target on shares of Criteo from $53.00 to $57.00 and gave the stock a "buy" rating in a research note on Wednesday, February 5th. Four analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $52.90.

Insider Buying and Selling at Criteo

In other Criteo news, insider Ryan Damon sold 2,885 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $116,438.60. Following the completion of the sale, the insider now directly owns 118,334 shares in the company, valued at $4,775,960.24. This represents a 2.38 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Megan Clarken sold 9,284 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 value of $374,702.24. Following the completion of the sale, the chief executive officer now directly owns 509,145 shares in the company, valued at $20,549,092.20. This represents a 1.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,845 shares of company stock valued at $1,795,516 in the last quarter. Corporate insiders own 1.71% of the company's stock.

Criteo Price Performance

NASDAQ:CRTO traded down $0.04 during midday trading on Thursday, reaching $43.99. 435,473 shares of the company traded hands, compared to its average volume of 466,458. Criteo S.A. has a twelve month low of $30.76 and a twelve month high of $49.93. The company has a fifty day moving average price of $40.45 and a 200 day moving average price of $41.57. The firm has a market capitalization of $2.43 billion, a price-to-earnings ratio of 26.18 and a beta of 1.05.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. On average, equities research analysts forecast that Criteo S.A. will post 2.62 earnings per share 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.