Criteo S.A. (NASDAQ:CRTO) Shares Acquired by Barclays PLC

Barclays PLC lifted its holdings in shares of Criteo S.A. (NASDAQ:CRTO) by 40.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,186 shares of the information services provider’s stock after buying an additional 1,787 shares during the quarter. Barclays PLC’s holdings in Criteo were worth $249,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Alpha DNA Investment Management LLC acquired a new position in Criteo in the 2nd quarter valued at $473,000. Charles Schwab Investment Management Inc. raised its stake in Criteo by 80.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 48,395 shares of the information services provider’s stock valued at $1,947,000 after purchasing an additional 21,509 shares during the last quarter. Seizert Capital Partners LLC acquired a new position in Criteo in the 3rd quarter valued at $1,405,000. Stifel Financial Corp raised its stake in Criteo by 263.5% in the 3rd quarter. Stifel Financial Corp now owns 20,786 shares of the information services provider’s stock valued at $836,000 after purchasing an additional 15,067 shares during the last quarter. Finally, Inspire Investing LLC acquired a new position in Criteo in the 2nd quarter valued at $819,000. 94.27% of the stock is owned by institutional investors and hedge funds.

Criteo Price Performance

CRTO stock opened at $41.30 on Monday. The firm has a market capitalization of $2.28 billion, a P/E ratio of 28.10 and a beta of 1.06. The business’s 50-day moving average is $39.64 and its two-hundred day moving average is $41.62. Criteo S.A. has a 1 year low of $23.87 and a 1 year high of $49.93.

Insider Buying and Selling at Criteo

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 value of $220,945.20. Following the sale, the chief financial officer now owns 313,398 shares of the company’s stock, valued at $12,723,958.80. This trade represents a 1.71 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ryan Damon sold 2,793 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $42.54, for a total value of $118,814.22. Following the sale, the insider now directly owns 115,646 shares in the company, valued at $4,919,580.84. This trade represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,765 shares of company stock valued at $1,009,013 in the last quarter. Corporate insiders own 1.71% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on CRTO. Susquehanna reduced their price objective on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. DA Davidson dropped their target price on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company started coverage on Criteo in a report on Monday, October 28th. They issued an “overweight” rating and a $70.00 target price for the company. Benchmark restated a “buy” rating and issued a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. Finally, StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.67.

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.