Criteo S.A. (NASDAQ:CRTO) Receives Consensus Rating of "Moderate Buy" from Analysts

Shares of Criteo S.A. (NASDAQ:CRTO - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $51.22.

CRTO has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Criteo from $40.00 to $50.00 and gave the company a "neutral" rating in a research report on Friday, August 2nd. Morgan Stanley upped their price objective on Criteo from $35.00 to $39.00 and gave the company an "equal weight" rating in a report on Tuesday, July 23rd. StockNews.com lowered shares of Criteo from a "buy" rating to a "hold" rating in a research note on Monday. Macquarie lifted their price target on Criteo from $45.00 to $65.00 and gave the company an "outperform" rating in a research note on Friday, August 2nd. Finally, KeyCorp cut Criteo from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, July 30th.

Criteo Stock Performance

Shares of NASDAQ CRTO traded up $0.46 during midday trading on Tuesday, reaching $34.86. 286,180 shares of the company traded hands, compared to its average volume of 365,384. Criteo has a 12 month low of $22.65 and a 12 month high of $49.93. The stock's 50-day simple moving average is $41.68 and its 200-day simple moving average is $40.75. The firm has a market cap of $1.95 billion, a PE ratio of 23.40 and a beta of 1.02.

Insider Transactions at Criteo

In other news, insider Brian Gleason sold 2,841 shares of the business's stock in a transaction on Tuesday, October 29th. The shares were sold at an average price of $41.10, for a total value of $116,765.10. Following the transaction, the insider now owns 146,470 shares of the company's stock, valued at approximately $6,019,917. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Brian Gleason sold 2,841 shares of the company's stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of $41.10, for a total transaction of $116,765.10. Following the completion of the sale, the insider now directly owns 146,470 shares in the company, valued at $6,019,917. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Sarah Js Glickman sold 5,442 shares of the firm's stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $40.60, for a total value of $220,945.20. Following the completion of the transaction, the chief financial officer now owns 313,398 shares of the company's stock, valued at $12,723,958.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.71% of the company's stock.

Institutional Investors Weigh In On Criteo

Hedge funds have recently modified their holdings of the business. Crossmark Global Holdings Inc. acquired a new stake in Criteo in the 3rd quarter valued at approximately $441,000. Atria Investments Inc acquired a new position in Criteo in the third quarter valued at $250,000. Assetmark Inc. raised its stake in Criteo by 8.2% during the 3rd quarter. Assetmark Inc. now owns 5,616 shares of the information services provider's stock valued at $226,000 after acquiring an additional 424 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Criteo by 3.5% during the third quarter. QRG Capital Management Inc. now owns 15,518 shares of the information services provider's stock worth $624,000 after purchasing an additional 518 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in Criteo by 518.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 81,001 shares of the information services provider's stock valued at $3,259,000 after purchasing an additional 67,913 shares during the period. 94.27% of the stock is currently owned by institutional investors and hedge funds.

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.