Norris Perne & French LLP MI Has $6,118,000 Stake in Criteo SA (CRTO)
Norris Perne & French LLP MI boosted its position in shares of Criteo SA (NASDAQ:CRTO) by 64.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 133,235 shares of the company’s stock after buying an additional 52,040 shares during the period. Norris Perne & French LLP MI’s holdings in Criteo SA were worth $6,118,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Regent Investment Management LLC increased its stake in Criteo SA by 7.1% in the first quarter. Regent Investment Management LLC now owns 7,500 shares of the company’s stock worth $311,000 after buying an additional 500 shares during the period. BTC Capital Management Inc. bought a new stake in Criteo SA during the first quarter worth approximately $217,000. NN Investment Partners Holdings N.V. bought a new stake in Criteo SA during the first quarter worth approximately $7,977,000. 1832 Asset Management L.P. bought a new stake in Criteo SA during the first quarter worth approximately $57,764,000. Finally, Lazard Asset Management LLC increased its stake in Criteo SA by 33.0% in the first quarter. Lazard Asset Management LLC now owns 15,429 shares of the company’s stock worth $638,000 after buying an additional 3,829 shares during the period.
Shares of Criteo SA (NASDAQ:CRTO) traded down 1.55% on Monday, reaching $36.11. 388,852 shares of the company were exchanged. The stock has a market capitalization of $2.22 billion, a P/E ratio of 32.56 and a beta of 2.89. Criteo SA has a 12 month low of $24.23 and a 12 month high of $47.81. The stock has a 50 day moving average price of $38.04 and a 200-day moving average price of $41.31.
Criteo SA (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.05. The business earned $166 million during the quarter, compared to analyst estimates of $161.27 million. During the same quarter last year, the business earned $0.15 earnings per share. Criteo SA’s revenue for the quarter was up 35.4% on a year-over-year basis. On average, equities analysts expect that Criteo SA will post $1.79 EPS for the current fiscal year.
A number of analysts have commented on CRTO shares. Susquehanna downgraded shares of Criteo SA from a “positive” rating to a “neutral” rating and dropped their price target for the stock from $48.00 to $37.00 in a research report on Tuesday, September 6th. Jefferies Group restated a “buy” rating and set a $63.00 price target on shares of Criteo SA in a research report on Tuesday, September 6th. Morgan Stanley restated a “hold” rating on shares of Criteo SA in a research report on Friday. Zacks Investment Research upgraded shares of Criteo SA from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a report on Friday, August 5th. Finally, Citigroup Inc. dropped their target price on shares of Criteo SA from $56.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, August 4th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $48.97.
In related news, insider Romain Niccoli sold 15,375 shares of the firm’s stock in a transaction on Monday, June 27th. The shares were sold at an average price of $40.71, for a total value of $625,916.25. Following the completion of the transaction, the insider now directly owns 824,826 shares of the company’s stock, valued at $33,578,666.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jean-Baptiste Rudelle sold 76,100 shares of the firm’s stock in a transaction on Tuesday, August 2nd. The shares were sold at an average price of $43.79, for a total transaction of $3,332,419.00. Following the completion of the transaction, the insider now directly owns 2,969,301 shares of the company’s stock, valued at $130,025,690.79. The disclosure for this sale can be found here.
Criteo SA Company Profile
Criteo SA is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
Want to see what other hedge funds are holding CRTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Criteo SA (NASDAQ:CRTO).
Receive News & Ratings for Criteo SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo SA and related companies with Analyst Ratings Network's FREE daily email newsletter.