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

Shares of Criteo S.A. (NASDAQ:CRTO) have received an average rating of “Hold” from the eleven research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $49.64.

A number of equities research analysts have issued reports on CRTO shares. Stifel Nicolaus reduced their price objective on shares of Criteo from $61.00 to $46.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. DA Davidson upped 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. JPMorgan Chase & Co. reduced their target price on shares of Criteo from $48.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, April 8th. StockNews.com downgraded shares of Criteo from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Finally, Morgan Stanley decreased their price objective on Criteo from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 17th.

Criteo Price Performance

NASDAQ:CRTO opened at $34.22 on Tuesday. Criteo has a one year low of $27.46 and a one year high of $49.93. The firm has a 50-day moving average of $34.56 and a 200-day moving average of $38.12. The company has a market cap of $1.98 billion, a PE ratio of 20.37 and a beta of 0.74.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, February 5th. The information services provider reported $1.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. On average, equities research analysts expect that Criteo will post 3.09 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Megan Clarken sold 7,481 shares of the company’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $44.51, for a total value of $332,979.31. Following the completion of the transaction, the chief executive officer now directly owns 502,052 shares in the company, valued at approximately $22,346,334.52. This represents a 1.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brian Gleason sold 1,924 shares of the company’s stock in a transaction dated 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 owns 137,161 shares of the company’s stock, valued at $5,223,090.88. The trade was a 1.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,228 shares of company stock worth $1,008,375 over the last ninety days. 1.71% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Criteo

Several institutional investors have recently bought and sold shares of CRTO. Alliancebernstein L.P. boosted its holdings in Criteo by 38.3% during the 4th quarter. Alliancebernstein L.P. now owns 3,796,975 shares of the information services provider’s stock valued at $150,208,000 after acquiring an additional 1,052,126 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in Criteo by 41,776.0% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 994,555 shares of the information services provider’s stock valued at $39,348,000 after acquiring an additional 992,180 shares during the period. Senvest Management LLC boosted its holdings in Criteo by 25.7% during the 4th quarter. Senvest Management LLC now owns 3,639,479 shares of the information services provider’s stock valued at $143,978,000 after acquiring an additional 743,695 shares during the period. Cadian Capital Management LP boosted its holdings in Criteo by 38.2% during the 4th quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider’s stock valued at $102,236,000 after acquiring an additional 713,785 shares during the period. Finally, Schroder Investment Management Group boosted its holdings in Criteo by 4,200.9% during the 4th quarter. Schroder Investment Management Group now owns 572,790 shares of the information services provider’s stock valued at $22,493,000 after acquiring an additional 559,472 shares during the period. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

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.