Seizert Capital Partners LLC Takes Position in Criteo S.A. (NASDAQ:CRTO)

Seizert Capital Partners LLC purchased a new position in Criteo S.A. (NASDAQ:CRTO - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 34,925 shares of the information services provider's stock, valued at approximately $1,405,000. Seizert Capital Partners LLC owned approximately 0.06% of Criteo as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its stake in Criteo by 67.3% in the 2nd quarter. GAMMA Investing LLC now owns 738 shares of the information services provider's stock valued at $28,000 after purchasing an additional 297 shares during the last quarter. USA Financial Formulas purchased a new position in shares of Criteo in the third quarter worth about $31,000. Farther Finance Advisors LLC acquired a new position in Criteo during the third quarter worth about $50,000. EverSource Wealth Advisors LLC grew its stake in Criteo by 868.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the information services provider's stock valued at $53,000 after acquiring an additional 1,250 shares in the last quarter. Finally, Covestor Ltd lifted its stake in Criteo by 64.1% in the 1st quarter. Covestor Ltd now owns 1,838 shares of the information services provider's stock worth $64,000 after purchasing an additional 718 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Criteo Trading Down 1.0 %

NASDAQ:CRTO traded down $0.38 during mid-day trading on Monday, hitting $36.54. The stock had a trading volume of 828,482 shares, compared to its average volume of 371,221. Criteo S.A. has a twelve month low of $23.80 and a twelve month high of $49.93. The stock has a 50-day simple moving average of $39.79 and a two-hundred day simple moving average of $40.77. The company has a market capitalization of $2.02 billion, a PE ratio of 24.86 and a beta of 1.02.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. StockNews.com raised Criteo from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. Morgan Stanley upped their price objective on shares of Criteo from $35.00 to $39.00 and gave the company an "equal weight" rating in a report on Tuesday, July 23rd. Susquehanna reduced their target price on shares of Criteo from $50.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, October 31st. BMO Capital Markets increased their price target on shares of Criteo from $45.00 to $55.00 and gave the company an "outperform" rating in a research note on Friday, August 2nd. Finally, Wells Fargo & Company began coverage on Criteo in a report on Monday, October 28th. They set an "overweight" rating and a $70.00 price target for the company. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Criteo presently has an average rating of "Moderate Buy" and a consensus price target of $51.22.

Insider Activity at Criteo

In other news, CFO Sarah Js Glickman sold 5,442 shares of Criteo 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 owns 313,398 shares in the company, valued at approximately $12,723,958.80. The trade was a 1.71 % decrease in their ownership of the stock. The transaction 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 shares were sold at an average price of $41.10, for a total value of $116,765.10. Following the completion of the sale, the insider now directly owns 146,470 shares of the company's stock, valued at approximately $6,019,917. This trade represents a 1.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.71% of the stock is currently owned by corporate insiders.

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.