Nationwide Fund Advisors lowered its holdings in Criteo SA (NASDAQ:CRTO) by 3.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,555 shares of the information services provider’s stock after selling 2,249 shares during the period. Nationwide Fund Advisors owned about 0.10% of Criteo worth $2,472,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Perigon Wealth Management LLC purchased a new position in shares of Criteo in the second quarter worth approximately $137,000. Pictet & Cie Europe SA increased its position in shares of Criteo by 23.5% in the second quarter. Pictet & Cie Europe SA now owns 5,460 shares of the information services provider’s stock worth $268,000 after acquiring an additional 1,040 shares in the last quarter. Fox Run Management L.L.C. increased its position in shares of Criteo by 51.0% in the third quarter. Fox Run Management L.L.C. now owns 7,400 shares of the information services provider’s stock worth $307,000 after acquiring an additional 2,500 shares in the last quarter. Verition Fund Management LLC purchased a new position in shares of Criteo in the second quarter worth approximately $417,000. Finally, Neuberger Berman Group LLC purchased a new position in shares of Criteo in the second quarter worth approximately $641,000. 87.66% of the stock is currently owned by institutional investors.

Criteo SA (CRTO) opened at $24.25 on Thursday. Criteo SA has a 1 year low of $22.00 and a 1 year high of $56.00. The company has a market cap of $1,404.42, a P/E ratio of 15.27, a P/E/G ratio of 0.70 and a beta of 2.50.

Several research firms have recently weighed in on CRTO. Cowen reissued a “market perform” rating and issued a $25.00 target price (down from $40.00) on shares of Criteo in a research report on Tuesday. BMO Capital Markets reissued a “buy” rating and issued a $30.00 target price on shares of Criteo in a research report on Monday. Jefferies Group reissued a “hold” rating and issued a $28.00 target price on shares of Criteo in a research report on Friday, December 15th. Macquarie raised shares of Criteo from a “neutral” rating to an “outperform” rating and set a $30.00 target price on the stock in a research report on Friday, December 15th. Finally, JMP Securities downgraded shares of Criteo from an “outperform” rating to a “market perform” rating in a research report on Friday, December 15th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $43.44.

In other Criteo news, CFO Benoit Fouilland sold 6,250 shares of Criteo stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $46.02, for a total value of $287,625.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric Eichmann sold 5,598 shares of Criteo stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $41.61, for a total transaction of $232,932.78. The disclosure for this sale can be found here. Insiders have sold 52,575 shares of company stock worth $2,070,376 over the last ninety days. 5.60% of the stock is currently owned by insiders.

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Criteo Profile

Criteo SA is a France-based company specializing in digital performance marketing. Its 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.

Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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