Criteo S.A. (NASDAQ:CRTO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Criteo S.A. (NASDAQ:CRTO) has earned a consensus recommendation of “Moderate Buy” from the nine research firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $51.22.

A number of equities analysts recently commented on CRTO shares. DA Davidson lowered 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. Wells Fargo & Company assumed coverage on Criteo in a research report on Monday, October 28th. They set an “overweight” rating and a $70.00 price target on the stock. BMO Capital Markets raised their price target on Criteo from $45.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. KeyCorp downgraded Criteo from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, July 30th. Finally, Macquarie increased their price objective on shares of Criteo from $45.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd.

Insider Buying and Selling at Criteo

In related news, CFO Sarah Js Glickman sold 5,442 shares of the business’s stock in a transaction on Wednesday, October 23rd. The shares were 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. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other Criteo news, CFO Sarah Js Glickman sold 5,442 shares of the stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total transaction of $220,945.20. Following the completion of the sale, the chief financial officer now owns 313,398 shares of the company’s stock, valued at approximately $12,723,958.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Brian Gleason sold 2,841 shares of the business’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $41.10, for a total transaction of $116,765.10. Following the completion of the transaction, the insider now owns 146,470 shares in the company, valued at $6,019,917. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.71% of the company’s stock.

Hedge Funds Weigh In On Criteo

Institutional investors and hedge funds have recently modified their holdings of the business. Alpha DNA Investment Management LLC acquired a new position in Criteo during the 2nd quarter worth approximately $473,000. Lord Abbett & CO. LLC increased its position in shares of Criteo by 3.5% during the 1st quarter. Lord Abbett & CO. LLC now owns 1,100,902 shares of the information services provider’s stock valued at $38,608,000 after purchasing an additional 37,364 shares during the last quarter. Inspire Investing LLC bought a new stake in shares of Criteo during the 2nd quarter worth $819,000. SG Americas Securities LLC purchased a new position in shares of Criteo in the 2nd quarter worth about $248,000. Finally, BNP Paribas Financial Markets raised its position in Criteo by 23.3% in the first quarter. BNP Paribas Financial Markets now owns 200,011 shares of the information services provider’s stock worth $7,014,000 after acquiring an additional 37,844 shares during the period. 94.27% of the stock is currently owned by institutional investors.

Criteo Stock Up 3.9 %

Shares of NASDAQ:CRTO opened at $36.87 on Tuesday. The stock has a market cap of $2.06 billion, a PE ratio of 25.08 and a beta of 1.02. Criteo has a 12-month low of $22.65 and a 12-month high of $49.93. The business has a 50 day moving average of $40.53 and a 200-day moving average of $40.73.

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.