Criteo S.A. (NASDAQ:CRTO) Receives $52.90 Average PT from Analysts

Criteo S.A. (NASDAQ:CRTO - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the ten research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $52.90.

CRTO has been the subject of several research analyst reports. Wells Fargo & Company upped their target price on shares of Criteo from $63.00 to $68.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Benchmark reiterated a "buy" rating and set a $51.00 target price on shares of Criteo in a research note on Tuesday, February 4th. DA Davidson upped their target price 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 upped their target price on shares of Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a research note on Thursday, February 6th. Finally, StockNews.com upgraded shares of Criteo from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 8th.

Insider Activity

In other news, CEO Megan Clarken sold 9,284 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $374,702.24. Following the sale, the chief executive officer now owns 509,145 shares of the company's stock, valued at approximately $20,549,092.20. This represents a 1.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sarah Js Glickman sold 1,520 shares of the company's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $61,347.20. Following the completion of the sale, the chief financial officer now directly owns 311,878 shares in the company, valued at approximately $12,587,396.08. The trade was a 0.49 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,845 shares of company stock worth $1,795,516. 1.71% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Criteo

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in Criteo by 117.8% during the 3rd 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 during the last quarter. Blue Trust Inc. grew its holdings in Criteo by 99.5% during the 3rd quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider's stock worth $139,000 after acquiring an additional 1,840 shares during the last quarter. Congress Asset Management Co. bought a new stake in Criteo during the 3rd quarter worth about $48,653,000. Farther Finance Advisors LLC bought a new stake in Criteo during the 3rd quarter worth about $50,000. Finally, VELA Investment Management LLC grew its holdings in Criteo by 15.3% during the 3rd quarter. VELA Investment Management LLC now owns 111,624 shares of the information services provider's stock worth $4,492,000 after acquiring an additional 14,779 shares during the last quarter. Institutional investors own 94.27% of the company's stock.

Criteo Stock Performance

Shares of Criteo stock traded down $0.27 on Thursday, reaching $43.72. The stock had a trading volume of 341,922 shares, compared to its average volume of 473,409. The business's 50-day moving average price is $40.48 and its two-hundred day moving average price is $41.53. Criteo has a fifty-two week low of $30.76 and a fifty-two week high of $49.93. The stock has a market cap of $2.41 billion, a P/E ratio of 26.02 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, topping analysts' consensus estimates of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. As a group, equities analysts forecast that Criteo will post 2.62 earnings per share for the current fiscal year.

Criteo Company 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.