Prudential PLC boosted its holdings in Criteo S.A. (NASDAQ:CRTO) by 20.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 234,325 shares of the information services provider’s stock after buying an additional 39,600 shares during the period. Prudential PLC’s holdings in Criteo were worth $11,494,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. FMR LLC raised its holdings in Criteo by 1.2% in the second quarter. FMR LLC now owns 6,475,439 shares of the information services provider’s stock valued at $317,620,000 after buying an additional 76,439 shares during the period. Epoch Investment Partners Inc. raised its holdings in Criteo by 81.3% in the second quarter. Epoch Investment Partners Inc. now owns 1,937,334 shares of the information services provider’s stock valued at $95,027,000 after buying an additional 868,634 shares during the period. Comgest Global Investors S.A.S. raised its holdings in Criteo by 1.8% in the second quarter. Comgest Global Investors S.A.S. now owns 1,930,692 shares of the information services provider’s stock valued at $94,700,000 after buying an additional 34,500 shares during the period. Carmignac Gestion raised its holdings in Criteo by 1.1% in the second quarter. Carmignac Gestion now owns 1,788,456 shares of the information services provider’s stock valued at $87,724,000 after buying an additional 19,316 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in Criteo by 15.6% in the second quarter. Ameriprise Financial Inc. now owns 1,582,157 shares of the information services provider’s stock valued at $77,591,000 after buying an additional 213,052 shares during the period. Hedge funds and other institutional investors own 85.05% of the company’s stock.

Several research analysts recently commented on CRTO shares. BidaskClub lowered shares of Criteo from a “hold” rating to a “sell” rating in a report on Tuesday, June 13th. Cowen and Company restated an “outperform” rating and issued a $60.00 price target on shares of Criteo in a report on Thursday, June 22nd. KeyCorp started coverage on shares of Criteo in a report on Monday, July 31st. They issued an “overweight” rating and a $62.00 price target on the stock. Royal Bank Of Canada restated a “buy” rating and issued a $60.00 price target on shares of Criteo in a report on Monday, July 31st. Finally, BMO Capital Markets started coverage on shares of Criteo in a report on Tuesday, August 1st. They issued an “outperform” rating and a $70.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. Criteo presently has a consensus rating of “Buy” and an average price target of $56.06.

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Shares of Criteo S.A. (NASDAQ CRTO) opened at 45.20 on Friday. Criteo S.A. has a 1-year low of $32.83 and a 1-year high of $56.00.

Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.05. Criteo had a return on equity of 13.94% and a net margin of 3.48%. The firm had revenue of $220.00 million during the quarter, compared to analyst estimates of $212.55 million. During the same period in the previous year, the company earned $0.33 EPS. The company’s revenue for the quarter was up 32.5% on a year-over-year basis. On average, equities analysts anticipate that Criteo S.A. will post $2.43 earnings per share for the current year.

In other news, CEO Eric Eichmann sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was sold at an average price of $49.04, for a total transaction of $980,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James Warner sold 1,250 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The stock was sold at an average price of $42.21, for a total value of $52,762.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 368,980 shares of company stock valued at $18,204,027. Corporate insiders own 5.60% of the company’s stock.

Criteo Company 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.

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Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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