Criteo S.A. (NASDAQ:CRTO) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC increased its stake in Criteo S.A. (NASDAQ:CRTO - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,413,620 shares of the information services provider's stock after buying an additional 27,258 shares during the period. Janus Henderson Group PLC owned about 2.56% of Criteo worth $55,909,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Wells Fargo & Company MN grew 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 worth $166,000 after acquiring an additional 1,455 shares in the last quarter. Palumbo Wealth Management LLC acquired a new stake in shares of Criteo in the 4th quarter valued at about $208,000. Two Sigma Securities LLC bought a new position in shares of Criteo during the fourth quarter worth about $210,000. Trexquant Investment LP acquired a new position in Criteo in the fourth quarter worth about $220,000. Finally, Blue Trust Inc. grew its stake in Criteo by 51.9% in the fourth quarter. Blue Trust Inc. now owns 5,605 shares of the information services provider's stock worth $226,000 after purchasing an additional 1,916 shares in the last quarter. Institutional investors own 94.27% of the company's stock.

Insider Buying and Selling at Criteo

In related news, insider Brian Gleason sold 2,841 shares of the company's stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $33.89, for a total value of $96,281.49. Following the completion of the sale, the insider now owns 157,450 shares of the company's stock, valued at $5,335,980.50. This represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.66% of the stock is owned by company insiders.

Criteo Price Performance

Shares of CRTO stock traded down $0.24 during trading hours on Monday, reaching $28.19. The stock had a trading volume of 55,270 shares, compared to its average volume of 439,159. The firm has a market capitalization of $1.63 billion, a PE ratio of 16.68 and a beta of 0.63. The firm has a 50-day simple moving average of $32.11 and a 200-day simple moving average of $37.09. Criteo S.A. has a twelve month low of $26.67 and a twelve month high of $49.93.

Criteo (NASDAQ:CRTO - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The information services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $0.77 by $0.33. The company had revenue of $451.43 million for the quarter, compared to analyst estimates of $259.86 million. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Criteo's revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.80 earnings per share. On average, equities analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Citigroup restated an "underperform" rating on shares of Criteo in a research note on Friday, April 25th. Stifel Nicolaus lowered their price target on Criteo from $61.00 to $46.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Benchmark restated a "buy" rating and set a $51.00 price objective on shares of Criteo in a research note on Tuesday, February 4th. Susquehanna decreased their price objective on shares of Criteo from $50.00 to $38.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th. Finally, DA Davidson lowered their target price on shares of Criteo from $57.00 to $42.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.70.

Criteo Company 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.