Amundi Invests $1.33 Million in Criteo S.A. (NASDAQ:CRTO)

Amundi purchased a new stake in Criteo S.A. (NASDAQ:CRTO - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 34,000 shares of the information services provider's stock, valued at approximately $1,330,000. Amundi owned about 0.06% of Criteo as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Waterfront Wealth Inc. boosted its holdings in Criteo by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 49,161 shares of the information services provider's stock worth $1,945,000 after buying an additional 335 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Criteo by 1.1% during the third quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider's stock worth $1,978,000 after buying an additional 518 shares during the last quarter. Assetmark Inc. boosted its holdings in Criteo by 9.9% during the fourth quarter. Assetmark Inc. now owns 6,174 shares of the information services provider's stock worth $244,000 after buying an additional 558 shares during the last quarter. Barclays PLC boosted its holdings 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 during the last quarter. Finally, Blue Trust Inc. boosted its holdings in Criteo by 51.9% during the fourth quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock worth $226,000 after buying an additional 1,916 shares during the last quarter. Institutional investors own 94.27% of the company's stock.

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Criteo Stock Performance

Criteo stock traded up $0.38 during midday trading on Friday, reaching $36.88. The stock had a trading volume of 748,450 shares, compared to its average volume of 419,349. The firm's fifty day simple moving average is $39.17 and its 200-day simple moving average is $40.03. Criteo S.A. has a 1-year low of $33.15 and a 1-year high of $49.93. The stock has a market capitalization of $2.13 billion, a P/E ratio of 21.95 and a beta of 0.98.

Criteo (NASDAQ:CRTO - Get Free Report) last announced 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, sell-side analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Criteo news, CEO Megan Clarken sold 13,823 shares of the business's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $43.56, for a total transaction of $602,129.88. Following the transaction, the chief executive officer now owns 488,229 shares of the company's stock, valued at $21,267,255.24. The trade was a 2.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Brian Gleason sold 1,924 shares of the stock in a transaction on Friday, January 31st. The shares were sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the sale, the insider now owns 137,161 shares in the company, valued at approximately $5,223,090.88. This trade represents a 1.38 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,363 shares of company stock valued at $1,124,213 in the last 90 days. 1.71% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

CRTO has been the topic of a number of recent analyst reports. Benchmark restated a "buy" rating and set a $51.00 target price on shares of Criteo in a report on Tuesday, February 4th. Wells Fargo & Company lifted their price objective on Criteo from $63.00 to $68.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. BMO Capital Markets lifted their price objective on Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a report on Thursday, February 6th. Morgan Stanley lifted their price objective on Criteo from $42.00 to $44.00 and gave the company an "equal weight" rating in a report on Thursday, February 6th. Finally, Stifel Nicolaus reiterated a "buy" rating and set a $61.00 price objective (up previously from $59.00) on shares of Criteo in a report on Thursday, February 6th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Criteo currently has a consensus rating of "Moderate Buy" and an average target price of $52.90.

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.