ANTIPODES PARTNERS Ltd Grows Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

ANTIPODES PARTNERS Ltd grew its holdings in Criteo S.A. (NASDAQ:CRTO - Free Report) by 45.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,451,188 shares of the information services provider's stock after buying an additional 456,633 shares during the period. Criteo makes up 1.6% of ANTIPODES PARTNERS Ltd's portfolio, making the stock its 23rd largest holding. ANTIPODES PARTNERS Ltd owned approximately 2.51% of Criteo worth $51,391,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in CRTO. TD Private Client Wealth LLC lifted its holdings in shares of Criteo by 21.4% in the 1st quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider's stock worth $85,000 after acquiring an additional 426 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Criteo by 17.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock valued at $258,000 after buying an additional 971 shares in the last quarter. Vega Investment Solutions bought a new stake in Criteo during the 4th quarter valued at about $41,000. Wells Fargo & Company MN lifted its holdings in Criteo by 53.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock valued at $166,000 after buying an additional 1,455 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in Criteo by 31.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 6,258 shares of the information services provider's stock valued at $245,000 after buying an additional 1,490 shares in the last quarter. 94.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

CRTO has been the subject of a number of research analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Criteo from $39.00 to $27.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Citigroup restated an "underperform" rating on shares of Criteo in a report on Friday, April 25th. DA Davidson reduced their price target on shares of Criteo from $57.00 to $42.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Stifel Nicolaus reduced their price target on shares of Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a report on Tuesday. Finally, Benchmark reduced their price target on shares of Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a report on Tuesday. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $45.30.

Insiders Place Their Bets

In other Criteo news, insider Ryan Damon sold 1,263 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $26.12, for a total transaction of $32,989.56. Following the sale, the insider owned 130,739 shares of the company's stock, valued at approximately $3,414,902.68. The trade was a 0.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Sarah Js Glickman sold 1,520 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $26.12, for a total transaction of $39,702.40. Following the sale, the chief financial officer directly owned 361,190 shares in the company, valued at approximately $9,434,282.80. This represents a 0.42% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 12,707 shares of company stock valued at $351,786. Insiders own 1.66% of the company's stock.

Criteo Stock Up 0.4%

Shares of Criteo stock traded up $0.09 on Friday, reaching $23.28. The stock had a trading volume of 269,152 shares, compared to its average volume of 360,989. The company has a 50 day moving average price of $24.77 and a 200 day moving average price of $31.94. Criteo S.A. has a 1 year low of $22.99 and a 1 year high of $49.93. The stock has a market capitalization of $1.35 billion, a P/E ratio of 9.46 and a beta of 0.48.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The information services provider reported $1.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.77 by $0.33. Criteo had a net margin of 7.41% and a return on equity of 18.21%. The firm had revenue of $451.43 million for the quarter, compared to the consensus estimate of $259.86 million. During the same quarter in the previous year, the firm earned $0.80 EPS. The company's quarterly revenue was up 3.9% compared to the same quarter last year. On average, analysts forecast that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Criteo Profile

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.