Analysts Set Criteo S.A. (NASDAQ:CRTO) Target Price at $49.64

Shares of Criteo S.A. (NASDAQ:CRTO - Get Free Report) have received a consensus recommendation of "Hold" from the eleven research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $50.90.

CRTO has been the topic of a number of analyst reports. Susquehanna decreased their price target on Criteo from $50.00 to $38.00 and set a "neutral" rating on the stock in a research note on Wednesday. Benchmark reiterated a "buy" rating and set a $51.00 price target on shares of Criteo in a report on Tuesday, February 4th. Citigroup reissued an "underperform" rating on shares of Criteo in a research report on Friday, April 25th. Stifel Nicolaus decreased their price objective on shares of Criteo from $61.00 to $46.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Finally, Morgan Stanley dropped their target price on shares of Criteo from $44.00 to $40.00 and set an "equal weight" rating for the company in a report on Thursday, April 17th.

Insider Buying and Selling at Criteo

In related news, CEO Megan Clarken sold 13,823 shares of Criteo stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $43.56, for a total transaction of $602,129.88. Following the sale, the chief executive officer now directly owns 488,229 shares in the company, valued at $21,267,255.24. The trade was a 2.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian Gleason sold 2,841 shares of the company's stock in a transaction on Monday, April 28th. The stock was sold at an average price of $33.89, for a total value of $96,281.49. Following the completion of the sale, the insider now directly owns 157,450 shares in the company, valued at approximately $5,335,980.50. The trade was a 1.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 24,145 shares of company stock valued at $1,031,391. 1.71% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Waterfront Wealth Inc. increased its stake in shares of Criteo by 0.7% during the fourth quarter. Waterfront Wealth Inc. now owns 49,161 shares of the information services provider's stock valued at $1,945,000 after purchasing an additional 335 shares in the last quarter. TD Private Client Wealth LLC increased its position in Criteo by 21.4% during the 1st quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider's stock valued at $85,000 after buying an additional 426 shares in the last quarter. Geode Capital Management LLC raised its stake in Criteo by 1.1% during the third quarter. Geode Capital Management LLC now owns 49,143 shares of the information services provider's stock valued at $1,978,000 after buying an additional 518 shares during the last quarter. Assetmark Inc. boosted its holdings in Criteo by 9.9% in the fourth quarter. Assetmark Inc. now owns 6,174 shares of the information services provider's stock worth $244,000 after acquiring an additional 558 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its stake in shares of Criteo by 17.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock worth $258,000 after acquiring an additional 971 shares during the last quarter. 94.27% of the stock is owned by hedge funds and other institutional investors.

Criteo Trading Down 11.8 %

Shares of CRTO traded down $3.95 during mid-day trading on Tuesday, reaching $29.47. The company's stock had a trading volume of 1,680,878 shares, compared to its average volume of 435,393. Criteo has a 52 week low of $27.46 and a 52 week high of $49.93. The stock has a market cap of $1.70 billion, a PE ratio of 17.54 and a beta of 0.63. The company's fifty day moving average price is $33.86 and its two-hundred day moving average price is $37.92.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The information services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.33. Criteo had a net margin of 5.08% and a return on equity of 16.37%. The business had revenue of $451.43 million during the quarter, compared to the consensus estimate of $259.86 million. During the same period in the previous year, the firm posted $0.80 earnings per share. The firm's revenue for the quarter was up 3.9% on a year-over-year basis. Research analysts anticipate that Criteo will post 3.09 EPS for the current year.

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.