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

Callan Family Office LLC bought a new stake in Criteo S.A. (NASDAQ:CRTO - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 11,195 shares of the information services provider's stock, valued at approximately $443,000.

Other large investors also recently added to or reduced their stakes in the company. Senvest Management LLC raised its holdings in shares of Criteo by 19.6% in the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider's stock valued at $116,526,000 after buying an additional 475,530 shares during the period. Whale Rock Capital Management LLC increased its stake in Criteo by 230.1% during the third quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider's stock worth $101,399,000 after purchasing an additional 1,756,507 shares during the period. Lord Abbett & CO. LLC increased its stake in Criteo by 42.0% during the third quarter. Lord Abbett & CO. LLC now owns 1,853,068 shares of the information services provider's stock worth $74,567,000 after purchasing an additional 547,718 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Criteo by 31.0% during the third quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider's stock worth $17,602,000 after purchasing an additional 103,593 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Criteo by 31.2% in the third quarter. JPMorgan Chase & Co. now owns 337,880 shares of the information services provider's stock valued at $13,596,000 after purchasing an additional 80,424 shares during the period. 94.27% of the stock is currently owned by institutional investors and hedge funds.

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Criteo Trading Down 2.8 %

CRTO stock traded down $0.99 during trading on Thursday, hitting $34.81. 363,488 shares of the company's stock were exchanged, compared to its average volume of 415,672. The business has a 50-day moving average price of $39.67 and a two-hundred day moving average price of $40.56. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 20.72 and a beta of 0.98. Criteo S.A. has a 52-week low of $33.15 and a 52-week high of $49.93.

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, topping 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 anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on CRTO shares. Stifel Nicolaus reiterated a "buy" rating and set a $61.00 target price (up from $59.00) on shares of Criteo in a report on Thursday, February 6th. BMO Capital Markets increased their price objective on Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a research note 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 note on Thursday, February 6th. DA Davidson upped their price target on Criteo from $53.00 to $57.00 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Finally, Benchmark reiterated a "buy" rating and issued a $51.00 price objective on shares of Criteo in a research note on Tuesday, February 4th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average 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 2,793 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $42.54, for a total value of $118,814.22. Following the completion of the sale, the insider now owns 115,646 shares in the company, valued at approximately $4,919,580.84. The trade was a 2.36 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Gleason sold 3,135 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $36.95, for a total value of $115,838.25. Following the completion of the sale, the insider now directly owns 139,085 shares of the company's stock, valued at $5,139,190.75. The trade was a 2.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,156 shares of company stock worth $1,243,028 over the last 90 days. Corporate insiders own 1.71% of the company's stock.

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.