Barclays PLC Grows Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

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

A number of other hedge funds have also made changes to their positions in CRTO. Alpha DNA Investment Management LLC purchased a new position in Criteo in the second quarter valued at about $473,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Criteo by 80.0% during 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 buying an additional 21,509 shares during the period. Seizert Capital Partners LLC acquired a new position in Criteo during the 3rd quarter worth approximately $1,405,000. Stifel Financial Corp boosted its holdings in Criteo by 263.5% in the 3rd quarter. Stifel Financial Corp now owns 20,786 shares of the information services provider’s stock worth $836,000 after acquiring an additional 15,067 shares during the period. Finally, Senvest Management LLC grew its position in Criteo by 19.6% in the third quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock valued at $116,526,000 after acquiring an additional 475,530 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Criteo Stock Up 0.6 %

Shares of NASDAQ CRTO opened at $37.71 on Tuesday. The stock has a market capitalization of $2.08 billion, a P/E ratio of 25.66 and a beta of 1.06. The stock’s 50 day moving average price is $40.10 and its two-hundred day moving average price is $41.70. Criteo S.A. has a 52-week low of $23.90 and a 52-week high of $49.93.

Insider Activity

In other news, CEO Megan Clarken sold 9,284 shares of Criteo stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $374,702.24. Following the completion of the transaction, the chief executive officer now directly owns 509,145 shares of the company’s stock, valued at approximately $20,549,092.20. The trade was a 1.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Brian Gleason sold 2,841 shares of the business’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $41.10, for a total transaction of $116,765.10. Following the sale, the insider now directly owns 146,470 shares of the company’s stock, valued at approximately $6,019,917. This represents a 1.90 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,765 shares of company stock worth $1,009,013. 1.71% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

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.