Jane Street Group LLC Cuts Position in Criteo S.A. (NASDAQ:CRTO)

Jane Street Group LLC trimmed its position in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 84.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,045 shares of the information services provider's stock after selling 85,232 shares during the period. Jane Street Group LLC's holdings in Criteo were worth $635,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Alliancebernstein L.P. lifted its position in Criteo by 38.3% during the fourth 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 boosted its holdings in shares of Criteo by 41,776.0% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 994,555 shares of the information services provider's stock worth $39,348,000 after buying an additional 992,180 shares in the last quarter. Senvest Management LLC grew its position in shares of Criteo by 25.7% during the 4th 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. Schroder Investment Management Group grew its position in shares of Criteo by 4,200.9% during the 4th quarter. Schroder Investment Management Group now owns 572,790 shares of the information services provider's stock worth $22,493,000 after buying an additional 559,472 shares during the period. Finally, Neuberger Berman Group LLC lifted its holdings in shares of Criteo by 7.0% in the 4th quarter. Neuberger Berman Group LLC now owns 6,075,995 shares of the information services provider's stock worth $240,322,000 after purchasing an additional 399,977 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Criteo Price Performance

Shares of CRTO stock traded down $0.21 during mid-day trading on Friday, hitting $25.27. 474,892 shares of the stock traded hands, compared to its average volume of 446,964. The stock has a market cap of $1.46 billion, a P/E ratio of 15.04 and a beta of 0.63. The stock's fifty day moving average is $30.16 and its two-hundred day moving average is $36.44. Criteo S.A. has a 52-week low of $24.91 and a 52-week high of $49.93.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The information services provider reported $1.10 EPS for the quarter, topping analysts' consensus estimates of $0.77 by $0.33. The business had revenue of $451.43 million for the quarter, compared to analysts' expectations of $259.86 million. Criteo had a net margin of 5.08% and a return on equity of 16.37%. The business's revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. As a group, equities analysts forecast that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. BMO Capital Markets decreased their target price on Criteo from $60.00 to $49.00 and set an "outperform" rating for the company in a research report on Monday, May 5th. Morgan Stanley cut their price objective on shares of Criteo from $40.00 to $36.00 and set an "equal weight" rating for the company in a research report on Monday, May 5th. Citigroup reiterated an "underperform" rating on shares of Criteo in a research report on Friday, April 25th. Stifel Nicolaus lowered their price objective 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. Finally, Susquehanna decreased their target price on shares of Criteo from $50.00 to $38.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. One investment 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, Criteo presently has an average rating of "Moderate Buy" and a consensus price target of $46.70.

Insider Buying and Selling at Criteo

In related news, insider Brian Gleason sold 2,841 shares of the business's stock in a transaction that occurred on Monday, April 28th. The stock was sold at an average price of $33.89, for a total transaction of $96,281.49. Following the completion of the sale, the insider now owns 157,450 shares in the company, valued at $5,335,980.50. The trade was a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sarah Js Glickman sold 2,465 shares of the business's stock in a transaction that occurred on Friday, May 23rd. The shares were sold at an average price of $25.81, for a total value of $63,621.65. Following the completion of the sale, the chief financial officer now owns 362,710 shares of the company's stock, valued at approximately $9,361,545.10. This represents a 0.68% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,707 shares of company stock valued at $351,786 in the last three months. 1.66% of the stock is owned by corporate insiders.

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.