Robeco Institutional Asset Management B.V. Increases Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

Robeco Institutional Asset Management B.V. boosted its stake in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 518.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 81,001 shares of the information services provider's stock after buying an additional 67,913 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.14% of Criteo worth $3,259,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Congress Asset Management Co. purchased a new stake in Criteo in the 3rd quarter worth approximately $48,653,000. Clearbridge Investments LLC bought a new position in Criteo in the 2nd quarter worth $11,059,000. Cubist Systematic Strategies LLC boosted its holdings in Criteo by 93.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 107,553 shares of the information services provider's stock worth $4,057,000 after buying an additional 51,870 shares during the period. Susquehanna Fundamental Investments LLC increased its holdings in shares of Criteo by 523.1% in the second quarter. Susquehanna Fundamental Investments LLC now owns 59,199 shares of the information services provider's stock worth $2,233,000 after purchasing an additional 49,699 shares during the last quarter. Finally, Lord Abbett & CO. LLC boosted its holdings in shares of Criteo by 3.5% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,100,902 shares of the information services provider's stock worth $38,608,000 after purchasing an additional 37,364 shares during the period. Hedge funds and other institutional investors own 94.27% of the company's stock.

Insider Activity at Criteo

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

Criteo Stock Performance

Criteo stock traded down $0.36 during mid-day trading on Friday, hitting $35.48. 584,253 shares of the company traded hands, compared to its average volume of 439,324. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 24.14 and a beta of 1.02. Criteo S.A. has a one year low of $22.65 and a one year high of $49.93. The stock has a fifty day moving average price of $40.74 and a 200-day moving average price of $40.67.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRTO. StockNews.com cut shares of Criteo from a "buy" rating to a "hold" rating in a report on Monday, November 4th. KeyCorp lowered shares of Criteo from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, July 30th. Macquarie upped 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. DA Davidson cut their price objective on Criteo from $58.00 to $53.00 and set a "buy" rating on the stock in a research report on Thursday, October 31st. Finally, Susquehanna reduced their target price on Criteo from $50.00 to $36.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Five research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $51.22.

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.