Criteo S.A. (NASDAQ:CRTO – Get Free Report) Director Der Kooi Frederik Van bought 5,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average cost of $21.52 per share, for a total transaction of $107,600.00. Following the completion of the transaction, the director owned 21,600 shares of the company’s stock, valued at $464,832. This represents a 30.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Der Kooi Frederik Van also recently made the following trade(s):
- On Monday, November 3rd, Der Kooi Frederik Van purchased 2,299 shares of Criteo stock. The stock was bought at an average price of $22.61 per share, for a total transaction of $51,980.39.
Criteo Trading Up 1.9%
NASDAQ CRTO traded up $0.42 during trading hours on Wednesday, reaching $22.93. 62,781 shares of the company’s stock were exchanged, compared to its average volume of 442,126. Criteo S.A. has a one year low of $19.50 and a one year high of $47.26. The stock has a market cap of $1.20 billion, a PE ratio of 7.69 and a beta of 0.56. The firm has a fifty day moving average of $21.73 and a 200-day moving average of $24.09.
Hedge Funds Weigh In On Criteo
A number of large investors have recently added to or reduced their stakes in CRTO. Raymond James Financial Inc. acquired a new position in Criteo during the second quarter worth $30,000. Covestor Ltd boosted its stake in shares of Criteo by 125.2% during the 3rd quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock worth $40,000 after buying an additional 980 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Criteo by 1,376.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 1,184 shares in the last quarter. TD Private Client Wealth LLC increased its position in shares of Criteo by 21.2% in the third quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider’s stock valued at $66,000 after acquiring an additional 511 shares during the last quarter. Finally, Blue Trust Inc. raised its holdings in Criteo by 81.2% during the second quarter. Blue Trust Inc. now owns 2,878 shares of the information services provider’s stock worth $69,000 after acquiring an additional 1,290 shares in the last quarter. Institutional investors own 94.27% of the company’s stock.
Wall Street Analyst Weigh In
CRTO has been the topic of several research reports. Zacks Research raised Criteo from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. BMO Capital Markets restated an “outperform” rating and issued a $40.00 price objective on shares of Criteo in a report on Thursday, October 30th. DA Davidson set a $38.00 price objective on shares of Criteo in a research note on Thursday, October 30th. Stifel Nicolaus dropped their target price on shares of Criteo from $42.00 to $41.00 and set a “buy” rating for the company in a research report on Tuesday, July 22nd. Finally, Weiss Ratings lowered Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $38.33.
Check Out Our Latest Report on Criteo
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.
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