Dynamic Technology Lab Private Ltd bought a new position in Criteo S.A. (NASDAQ:CRTO - Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 39,086 shares of the information services provider's stock, valued at approximately $1,573,000. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Criteo as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Criteo by 67.3% during the second quarter. GAMMA Investing LLC now owns 738 shares of the information services provider's stock worth $28,000 after purchasing an additional 297 shares during the last quarter. Assetmark Inc. lifted its position in Criteo by 8.2% in the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider's stock worth $226,000 after buying an additional 424 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Criteo by 3.5% in the third quarter. QRG Capital Management Inc. now owns 15,518 shares of the information services provider's stock worth $624,000 after buying an additional 518 shares in the last quarter. Waterfront Wealth Inc. grew its position in Criteo by 1.2% during the second quarter. Waterfront Wealth Inc. now owns 58,280 shares of the information services provider's stock valued at $2,198,000 after acquiring an additional 686 shares during the last quarter. Finally, USA Financial Formulas bought a new stake in shares of Criteo in the 3rd quarter worth approximately $31,000. Institutional investors own 94.27% of the company's stock.
Insiders Place Their Bets
In other Criteo news, insider Ryan Damon sold 2,885 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the completion of the transaction, the insider now owns 118,334 shares of the company's stock, valued at approximately $4,775,960.24. This trade represents a 2.38 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Megan Clarken sold 9,284 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 $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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,972 shares of company stock worth $890,198. 1.71% of the stock is currently owned by corporate insiders.
Criteo Stock Performance
CRTO stock traded up $1.55 on Tuesday, reaching $41.57. The company's stock had a trading volume of 790,891 shares, compared to its average volume of 378,827. The firm has a market cap of $2.29 billion, a PE ratio of 27.82 and a beta of 1.02. The business has a fifty day simple moving average of $39.34 and a two-hundred day simple moving average of $40.83. Criteo S.A. has a 12-month low of $23.87 and a 12-month high of $49.93.
Wall Street Analyst Weigh In
CRTO has been the topic of several recent research reports. StockNews.com raised shares of Criteo from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. DA Davidson decreased their price objective on Criteo from $58.00 to $53.00 and set a "buy" rating on the stock in a report on Thursday, October 31st. JPMorgan Chase & Co. increased their target price on Criteo from $40.00 to $50.00 and gave the company a "neutral" rating in a report on Friday, August 2nd. BMO Capital Markets lifted their price target on Criteo from $45.00 to $55.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. Finally, Wells Fargo & Company assumed coverage on Criteo in a research note on Monday, October 28th. They set an "overweight" rating and a $70.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Criteo has an average rating of "Moderate Buy" and a consensus target price of $50.67.
Check Out Our Latest Research Report on CRTO
About Criteo
(
Free Report)
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.
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