Seizert Capital Partners LLC Raises Holdings in Criteo S.A. (NASDAQ:CRTO)

Seizert Capital Partners LLC lifted its position in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 189.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 101,135 shares of the information services provider's stock after buying an additional 66,210 shares during the quarter. Seizert Capital Partners LLC owned about 0.18% of Criteo worth $4,001,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its stake in Criteo by 80.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 48,395 shares of the information services provider's stock worth $1,947,000 after purchasing an additional 21,509 shares in the last quarter. Stifel Financial Corp raised its position in shares of Criteo by 263.5% in the third quarter. Stifel Financial Corp now owns 20,786 shares of the information services provider's stock valued at $836,000 after buying an additional 15,067 shares in the last quarter. JPMorgan Chase & Co. grew its position in Criteo by 31.2% during the third quarter. JPMorgan Chase & Co. now owns 337,880 shares of the information services provider's stock worth $13,596,000 after buying an additional 80,424 shares in the last quarter. Senvest Management LLC increased its stake in Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider's stock worth $116,526,000 after acquiring an additional 475,530 shares during the period. Finally, Barclays PLC raised its stake in Criteo by 40.6% in the third quarter. Barclays PLC now owns 6,186 shares of the information services provider's stock valued at $249,000 after purchasing an additional 1,787 shares in the last quarter. Institutional investors own 94.27% of the company's stock.

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Insider Buying and Selling

In other news, insider Ryan Damon sold 2,793 shares of the stock in a transaction dated Friday, December 13th. The shares were 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 $4,919,580.84. This represents a 2.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Brian Gleason sold 3,135 shares of the firm's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $36.95, for a total transaction of $115,838.25. Following the transaction, the insider now directly owns 139,085 shares in the company, 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 have sold a total of 29,156 shares of company stock worth $1,243,028 in the last ninety days. Corporate insiders own 1.71% of the company's stock.

Criteo Trading Down 2.8 %

NASDAQ CRTO traded down $1.04 during trading hours on Friday, hitting $36.66. 341,613 shares of the company's stock were exchanged, compared to its average volume of 414,291. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 21.82 and a beta of 0.98. Criteo S.A. has a 1-year low of $32.71 and a 1-year high of $49.93. The stock has a 50-day simple moving average of $39.99 and a 200 day simple moving average of $40.99.

Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 earnings per share (EPS) 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%. On average, sell-side analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CRTO has been the topic of several recent analyst reports. DA Davidson raised their target price on shares of Criteo from $53.00 to $57.00 and gave the company a "buy" rating in a report on Wednesday, February 5th. Wells Fargo & Company boosted their price objective on shares of Criteo from $63.00 to $68.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. StockNews.com downgraded Criteo from a "strong-buy" rating to a "buy" rating in a report on Tuesday. Benchmark reissued a "buy" rating and set a $51.00 price target on shares of Criteo in a report on Tuesday, February 4th. Finally, BMO Capital Markets lifted their target price on Criteo from $48.00 to $60.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $52.90.

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.