Russell Investments Group Ltd. Has $1.65 Million Holdings in Criteo SA (CRTO)
Russell Investments Group Ltd. cut its holdings in Criteo SA (NASDAQ:CRTO) by 44.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,578 shares of the information services provider’s stock after selling 40,318 shares during the quarter. Russell Investments Group Ltd. owned about 0.08% of Criteo worth $1,649,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Mount Yale Investment Advisors LLC acquired a new stake in Criteo in the first quarter valued at approximately $176,000. TD Asset Management Inc. acquired a new stake in Criteo in the second quarter valued at approximately $249,000. Sei Investments Co. acquired a new stake in Criteo in the second quarter valued at approximately $366,000. Engineers Gate Manager LP acquired a new stake in Criteo in the second quarter valued at approximately $614,000. Finally, United Capital Financial Advisers LLC lifted its stake in Criteo by 51.6% in the first quarter. United Capital Financial Advisers LLC now owns 24,120 shares of the information services provider’s stock valued at $623,000 after acquiring an additional 8,210 shares during the last quarter. Hedge funds and other institutional investors own 86.38% of the company’s stock.
In other news, COO Mary Spilman sold 7,165 shares of Criteo stock in a transaction that occurred on Friday, August 3rd. The shares were sold at an average price of $26.71, for a total value of $191,377.15. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.32% of the company’s stock.
NASDAQ:CRTO opened at $23.94 on Thursday. Criteo SA has a 12 month low of $21.00 and a 12 month high of $47.57. The company has a market capitalization of $1.59 billion, a PE ratio of 12.72 and a beta of 1.64.
Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Wednesday, August 1st. The information services provider reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.14. Criteo had a net margin of 4.55% and a return on equity of 14.05%. The company had revenue of $230.00 million for the quarter, compared to analyst estimates of $229.33 million. During the same quarter last year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. sell-side analysts forecast that Criteo SA will post 1.45 EPS for the current year.
Criteo Company Profile
Criteo SA, a technology company, engages in digital performance marketing in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo Engine solutions include recommendation algorithms that create tailored advertisements to specific customer interest by determining the specific products and services to include in the advertisement; predictive bidding algorithms that predict the probability and nature of a user's engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients.
Read More: Should You Consider an Index Fund?
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.