GAMMA Investing LLC Has $1.34 Million Stock Holdings in Criteo S.A. (NASDAQ:CRTO)

GAMMA Investing LLC increased its position in Criteo S.A. (NASDAQ:CRTO - Free Report) by 2,217.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,747 shares of the information services provider's stock after buying an additional 36,118 shares during the quarter. GAMMA Investing LLC owned about 0.07% of Criteo worth $1,337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in CRTO. Alliancebernstein L.P. grew its holdings in shares of Criteo by 38.3% during the 4th quarter. Alliancebernstein L.P. now owns 3,796,975 shares of the information services provider's stock worth $150,208,000 after purchasing an additional 1,052,126 shares during the period. ANTIPODES PARTNERS Ltd lifted its position in Criteo by 41,776.0% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 994,555 shares of the information services provider's stock valued at $39,348,000 after buying an additional 992,180 shares in the last quarter. Senvest Management LLC grew its stake in Criteo by 25.7% during the fourth quarter. Senvest Management LLC now owns 3,639,479 shares of the information services provider's stock worth $143,978,000 after buying an additional 743,695 shares during the period. Cadian Capital Management LP increased its position in shares of Criteo by 38.2% in the fourth quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider's stock worth $102,236,000 after acquiring an additional 713,785 shares in the last quarter. Finally, Schroder Investment Management Group raised its stake in shares of Criteo by 4,200.9% in the 4th quarter. Schroder Investment Management Group now owns 572,790 shares of the information services provider's stock valued at $22,493,000 after acquiring an additional 559,472 shares during the period. 94.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Criteo news, CFO Sarah Js Glickman sold 1,520 shares of the stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $26.12, for a total value of $39,702.40. Following the completion of the sale, the chief financial officer now directly owns 361,190 shares of the company's stock, valued at $9,434,282.80. This represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ryan Damon sold 2,132 shares of the stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $25.81, for a total transaction of $55,026.92. Following the completion of the transaction, the insider now owns 132,002 shares of the company's stock, valued at approximately $3,406,971.62. This represents a 1.59% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,707 shares of company stock worth $351,786. 1.66% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on CRTO shares. BMO Capital Markets dropped their target price on Criteo from $60.00 to $49.00 and set an "outperform" rating on the stock in a report on Monday, May 5th. Citigroup reaffirmed an "underperform" rating on shares of Criteo in a research report on Friday, April 25th. Wall Street Zen lowered shares of Criteo from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Wells Fargo & Company decreased their target price on shares of Criteo from $68.00 to $66.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. Finally, Stifel Nicolaus lowered their price target on shares of Criteo from $61.00 to $46.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, Criteo presently has a consensus rating of "Moderate Buy" and an average price target of $46.70.

Criteo Price Performance

NASDAQ CRTO traded up $0.43 on Thursday, hitting $23.91. 414,274 shares of the stock were exchanged, compared to its average volume of 454,780. The company's 50-day moving average price is $28.23 and its two-hundred day moving average price is $35.20. Criteo S.A. has a 52-week low of $23.39 and a 52-week high of $49.93. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 9.72 and a beta of 0.51.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The information services provider reported $1.10 EPS for the quarter, topping the consensus estimate of $0.77 by $0.33. The business had revenue of $451.43 million during the quarter, compared to analysts' expectations of $259.86 million. Criteo had a net margin of 7.41% and a return on equity of 18.21%. The firm's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period last year, the company posted $0.80 earnings per share. Equities analysts predict that Criteo S.A. will post 3.09 EPS 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.