Atria Investments Inc Purchases 3,548 Shares of Criteo S.A. (NASDAQ:CRTO)

Atria Investments Inc grew its position in shares of Criteo S.A. (NASDAQ:CRTO) by 57.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,770 shares of the information services provider’s stock after purchasing an additional 3,548 shares during the quarter. Atria Investments Inc’s holdings in Criteo were worth $387,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Senvest Management LLC raised its holdings in Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock worth $116,526,000 after purchasing an additional 475,530 shares during the last quarter. Whale Rock Capital Management LLC raised its holdings in Criteo by 230.1% during the 3rd quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock worth $101,399,000 after purchasing an additional 1,756,507 shares during the last quarter. Lord Abbett & CO. LLC raised its holdings in Criteo by 42.0% during the 3rd quarter. Lord Abbett & CO. LLC now owns 1,853,068 shares of the information services provider’s stock worth $74,567,000 after purchasing an additional 547,718 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Criteo by 31.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider’s stock worth $17,602,000 after purchasing an additional 103,593 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Criteo by 31.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 337,880 shares of the information services provider’s stock worth $13,596,000 after buying an additional 80,424 shares during the period. Institutional investors own 94.27% of the company’s stock.

Criteo Trading Up 4.1 %

NASDAQ CRTO opened at $36.23 on Monday. The company has a fifty day simple moving average of $39.48 and a 200 day simple moving average of $40.33. Criteo S.A. has a 12-month low of $33.15 and a 12-month high of $49.93. The company has a market cap of $2.09 billion, a P/E ratio of 21.57 and a beta of 0.98.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings results on Wednesday, February 5th. The information services provider reported $1.41 earnings per share (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%. Sell-side analysts predict that Criteo S.A. will post 3.09 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on CRTO shares. DA Davidson raised their price objective 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. BMO Capital Markets raised their price objective on shares of Criteo from $48.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, February 6th. Benchmark reaffirmed a “buy” rating and set a $51.00 price objective on shares of Criteo in a research report on Tuesday, February 4th. Morgan Stanley raised their price objective on shares of Criteo from $42.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 6th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $61.00 price objective (up previously from $59.00) on shares of Criteo in a research report on Thursday, February 6th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Criteo currently has an average rating of “Moderate Buy” and a consensus target price of $52.90.

Insiders Place Their Bets

In other Criteo news, insider Brian Gleason sold 1,924 shares of Criteo stock in a transaction on Friday, January 31st. The shares were sold at an average price of $38.08, for a total transaction of $73,265.92. Following the transaction, the insider now directly owns 137,161 shares of the company’s stock, valued at $5,223,090.88. The trade was a 1.38 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Megan Clarken sold 13,823 shares of Criteo stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $43.56, for a total transaction of $602,129.88. Following the transaction, the chief executive officer now directly owns 488,229 shares in the company, valued at $21,267,255.24. This represents a 2.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,363 shares of company stock valued at $1,124,213 in the last three months. 1.71% of the stock is currently owned by insiders.

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.