Sei Investments Co. Increases Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

Sei Investments Co. raised its stake in Criteo S.A. (NASDAQ:CRTO - Free Report) by 36.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 162,526 shares of the information services provider's stock after purchasing an additional 43,576 shares during the period. Sei Investments Co. owned 0.29% of Criteo worth $6,430,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Waterfront Wealth Inc. lifted its position in shares of Criteo by 0.7% during the 4th quarter. Waterfront Wealth Inc. now owns 49,161 shares of the information services provider's stock worth $1,945,000 after buying an additional 335 shares during the last quarter. Geode Capital Management LLC raised its stake in Criteo by 1.1% during the 3rd quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider's stock worth $1,978,000 after acquiring an additional 518 shares in the last quarter. Assetmark Inc. boosted its stake in Criteo by 9.9% in the fourth 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 grew its holdings in shares of Criteo by 40.6% during the third quarter. Barclays PLC now owns 6,186 shares of the information services provider's stock worth $249,000 after purchasing an additional 1,787 shares during the last quarter. Finally, Blue Trust Inc. increased its position in shares of Criteo by 51.9% during the fourth quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock worth $226,000 after purchasing an additional 1,916 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company's stock.

Insider Buying and Selling at Criteo

In related news, insider Brian Gleason sold 3,135 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the sale, the insider now owns 139,085 shares of the company's stock, valued at $5,139,190.75. This trade represents a 2.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Megan Clarken sold 7,481 shares of the business's stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of $44.51, for a total transaction of $332,979.31. Following the completion of the transaction, the chief executive officer now directly owns 502,052 shares of the company's stock, 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. In the last 90 days, insiders have sold 26,363 shares of company stock worth $1,124,213. 1.71% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on CRTO shares. BMO Capital Markets raised their price target on Criteo from $48.00 to $60.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. 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 note on Thursday, February 6th. Stifel Nicolaus reissued a "buy" rating and set a $61.00 target price (up from $59.00) on shares of Criteo in a research note on Thursday, February 6th. StockNews.com cut Criteo from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Finally, DA Davidson boosted their target price on shares of Criteo from $53.00 to $57.00 and gave the stock a "buy" rating in a research report on Wednesday, February 5th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $52.90.

Criteo Stock Performance

NASDAQ CRTO traded down $2.56 during trading hours on Friday, reaching $30.06. The company's stock had a trading volume of 478,474 shares, compared to its average volume of 424,820. The company's 50-day moving average is $38.69 and its two-hundred day moving average is $39.41. Criteo S.A. has a fifty-two week low of $29.72 and a fifty-two week high of $49.93. The stock has a market cap of $1.74 billion, a PE ratio of 17.89 and a beta of 0.98.

Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The information services provider reported $1.41 EPS for the quarter, beating the consensus estimate of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Equities analysts expect that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

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.