Criteo S.A. (NASDAQ:CRTO) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP boosted its holdings in Criteo S.A. (NASDAQ:CRTO - Free Report) by 102.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 564,000 shares of the information services provider's stock after acquiring an additional 285,800 shares during the period. Two Sigma Advisers LP owned about 1.02% of Criteo worth $22,312,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its holdings in Criteo by 53.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock worth $166,000 after acquiring an additional 1,455 shares during the last quarter. Palumbo Wealth Management LLC bought a new position in Criteo in the fourth quarter worth about $208,000. Two Sigma Securities LLC bought a new position in Criteo in the fourth quarter worth about $210,000. Trexquant Investment LP acquired a new stake in shares of Criteo in the fourth quarter valued at approximately $220,000. Finally, Blue Trust Inc. increased its stake in shares of Criteo by 51.9% in the fourth quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock valued at $226,000 after purchasing an additional 1,916 shares during the period. Institutional investors own 94.27% of the company's stock.

Criteo Price Performance

Shares of NASDAQ CRTO traded down $0.20 during mid-day trading on Friday, reaching $26.29. 624,516 shares of the company traded hands, compared to its average volume of 442,023. Criteo S.A. has a fifty-two week low of $25.50 and a fifty-two week high of $49.93. The firm has a market cap of $1.52 billion, a PE ratio of 15.65 and a beta of 0.63. The stock has a fifty day simple moving average of $31.26 and a 200-day simple moving average of $36.80.

Criteo (NASDAQ:CRTO - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The information services provider reported $1.10 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $259.86 million. During the same quarter last year, the business earned $0.80 earnings per share. The business's revenue for the quarter was up 3.9% on a year-over-year basis. As a group, analysts predict that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on CRTO. Wells Fargo & Company dropped their price target on shares of Criteo from $68.00 to $66.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. Stifel Nicolaus dropped their price target on shares of Criteo from $61.00 to $46.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. DA Davidson dropped their price target on shares of Criteo from $57.00 to $42.00 and set a "buy" rating on the stock in a research note on Tuesday, May 6th. Benchmark restated a "buy" rating and issued a $51.00 price target on shares of Criteo in a research note on Tuesday, February 4th. Finally, Wall Street Zen lowered shares of Criteo from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $46.70.

Insider Activity at Criteo

In other Criteo news, insider Brian Gleason sold 2,841 shares of Criteo stock in a transaction that occurred on Monday, April 28th. The shares were sold at an average price of $33.89, for a total value of $96,281.49. Following the transaction, the insider now 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.66% of the company's stock.

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.