Robeco Institutional Asset Management B.V. boosted its holdings in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 130.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 497,008 shares of the information services provider's stock after buying an additional 281,699 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.97% of Criteo worth $10,243,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of CRTO. Raymond James Financial Inc. acquired a new position in Criteo during the second quarter worth $30,000. Covestor Ltd increased its position in Criteo by 125.2% during the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider's stock worth $40,000 after buying an additional 980 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider's stock valued at $45,000 after purchasing an additional 1,184 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Criteo by 142.3% in the third quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider's stock valued at $47,000 after purchasing an additional 1,222 shares during the last quarter. Finally, TD Private Client Wealth LLC grew its position in shares of Criteo by 21.2% in the third quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider's stock valued at $66,000 after purchasing an additional 511 shares during the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.
Criteo Stock Performance
Shares of NASDAQ:CRTO opened at $19.37 on Thursday. The company has a market cap of $965.79 million, a P/E ratio of 7.31 and a beta of 0.36. The stock's 50-day moving average is $18.16 and its 200-day moving average is $19.70. Criteo S.A. has a 52-week low of $16.15 and a 52-week high of $35.10.
Insider Buying and Selling at Criteo
In related news, Director Der Kooi Frederik Van bought 5,000 shares of Criteo stock in a transaction that occurred on Friday, March 13th. The stock was acquired at an average price of $17.81 per share, for a total transaction of $89,050.00. Following the completion of the purchase, the director owned 26,600 shares in the company, valued at approximately $473,746. This represents a 23.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.66% of the company's stock.
Wall Street Analysts Forecast Growth
CRTO has been the topic of several research analyst reports. Stifel Nicolaus lowered their price target on Criteo from $30.00 to $29.00 and set a "buy" rating on the stock in a research report on Monday. BMO Capital Markets reaffirmed an "outperform" rating and issued a $35.00 price target on shares of Criteo in a research report on Thursday, February 12th. Benchmark lowered their price target on Criteo from $38.00 to $30.00 and set a "buy" rating on the stock in a research report on Tuesday, February 10th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Criteo in a research report on Wednesday, January 21st. Finally, DA Davidson set a $28.50 price target on Criteo in a research report on Thursday, February 12th. Six investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $30.45.
View Our Latest Research Report on CRTO
Criteo Profile
(
Free Report)
Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo's platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.
At the core of Criteo's offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.
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