Blue Trust Inc. Purchases 1,916 Shares of Criteo S.A. (NASDAQ:CRTO)

Blue Trust Inc. grew its position in shares of Criteo S.A. (NASDAQ:CRTO) by 51.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,605 shares of the information services provider’s stock after buying an additional 1,916 shares during the quarter. Blue Trust Inc.’s holdings in Criteo were worth $226,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. USA Financial Formulas bought a new position in Criteo during the third quarter valued at approximately $31,000. Farther Finance Advisors LLC bought a new position in shares of Criteo during the 3rd quarter valued at $50,000. GAMMA Investing LLC boosted its stake in shares of Criteo by 117.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider’s stock worth $65,000 after buying an additional 869 shares during the last quarter. Point72 Asset Management L.P. grew its holdings in shares of Criteo by 312.5% in the second quarter. Point72 Asset Management L.P. now owns 3,300 shares of the information services provider’s stock worth $124,000 after acquiring an additional 2,500 shares during the period. Finally, Assetmark Inc. increased its position in Criteo by 8.2% during the third quarter. Assetmark Inc. now owns 5,616 shares of the information services provider’s stock valued at $226,000 after acquiring an additional 424 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on CRTO. Susquehanna cut their price target on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, October 31st. Wells Fargo & Company cut their target price on shares of Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. DA Davidson decreased their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Benchmark restated a “buy” rating and issued a $51.00 price objective on shares of Criteo in a research note on Tuesday, November 19th. Finally, StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a research report on Friday. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $49.89.

Insider Buying and Selling

In other Criteo news, insider Brian Gleason sold 1,924 shares of the company’s stock in a transaction that occurred on Friday, January 31st. The stock was sold at an average price of $38.08, for a total value of $73,265.92. Following the completion of the transaction, the insider now directly owns 137,161 shares in the company, valued at $5,223,090.88. This represents a 1.38 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Megan Clarken sold 9,284 shares of Criteo stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $40.36, for a total transaction of $374,702.24. Following the sale, the chief executive officer now owns 509,145 shares in the company, valued at approximately $20,549,092.20. The trade was a 1.79 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 21,541 shares of company stock worth $860,406. 1.71% of the stock is owned by corporate insiders.

Criteo Stock Down 0.9 %

NASDAQ:CRTO opened at $37.66 on Tuesday. The business’s 50-day simple moving average is $40.08 and its two-hundred day simple moving average is $41.56. Criteo S.A. has a 52 week low of $25.75 and a 52 week high of $49.93. The stock has a market cap of $2.08 billion, a PE ratio of 25.62 and a beta of 1.05.

Criteo 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.