Schroder Investment Management Group Has $22.49 Million Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

Schroder Investment Management Group raised its holdings in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 4,200.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 572,790 shares of the information services provider's stock after acquiring an additional 559,472 shares during the quarter. Schroder Investment Management Group owned approximately 1.04% of Criteo worth $22,493,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Palumbo Wealth Management LLC purchased a new position in Criteo during the fourth quarter valued at approximately $208,000. Blue Trust Inc. boosted its stake in shares of Criteo by 51.9% during the 4th quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock valued at $226,000 after buying an additional 1,916 shares during the period. Assetmark Inc. grew its holdings in shares of Criteo by 9.9% during the 4th quarter. Assetmark Inc. now owns 6,174 shares of the information services provider's stock valued at $244,000 after acquiring an additional 558 shares in the last quarter. Barclays PLC increased its stake in shares of Criteo by 40.6% in the third quarter. Barclays PLC now owns 6,186 shares of the information services provider's stock worth $249,000 after acquiring an additional 1,787 shares during the last quarter. Finally, MML Investors Services LLC purchased a new stake in shares of Criteo during the third quarter worth $275,000. Institutional investors and hedge funds own 94.27% of the company's stock.

Insiders Place Their Bets

In other Criteo news, insider Brian Gleason sold 3,135 shares of the firm's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total value of $115,838.25. Following the completion of the sale, the insider now owns 139,085 shares in the company, valued at approximately $5,139,190.75. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Megan Clarken sold 7,481 shares of Criteo stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $44.51, for a total value of $332,979.31. Following the sale, the chief executive officer now directly owns 502,052 shares in the company, valued at $22,346,334.52. The trade was a 1.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,363 shares of company stock worth $1,124,213 in the last ninety days. Insiders own 1.71% of the company's stock.

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Criteo Trading Down 1.1 %

CRTO traded down $0.34 during trading on Monday, hitting $29.72. The stock had a trading volume of 138,419 shares, compared to its average volume of 423,693. The firm has a market cap of $1.72 billion, a PE ratio of 17.58 and a beta of 0.74. Criteo S.A. has a 12 month low of $28.24 and a 12 month high of $49.93. The company has a 50 day simple moving average of $38.69 and a 200-day simple moving average of $39.39.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.04. Criteo had a return on equity of 16.37% and a net margin of 5.08%. As a group, 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

Several research analysts have weighed in on CRTO shares. StockNews.com lowered Criteo from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. DA Davidson raised their price objective on shares of Criteo from $53.00 to $57.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th. Wells Fargo & Company lifted 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. Stifel Nicolaus restated a "buy" rating and set a $61.00 price target (up previously from $59.00) on shares of Criteo in a research note on Thursday, February 6th. Finally, Morgan Stanley lifted their price objective on shares of Criteo from $42.00 to $44.00 and gave the company an "equal weight" rating in a research note on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $52.90.

About Criteo

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.