Criteo S.A. (NASDAQ:CRTO) Shares Purchased by Jane Street Group LLC

Jane Street Group LLC grew its stake in shares of Criteo S.A. (NASDAQ:CRTO) by 1,349.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,277 shares of the information services provider’s stock after purchasing an additional 94,289 shares during the quarter. Jane Street Group LLC owned 0.18% of Criteo worth $4,075,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Senvest Management LLC lifted its position in Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock worth $116,526,000 after acquiring an additional 475,530 shares in the last quarter. Whale Rock Capital Management LLC boosted its position in Criteo by 230.1% in the 3rd quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock valued at $101,399,000 after buying an additional 1,756,507 shares during the last quarter. Congress Asset Management Co. purchased a new position in Criteo in the 3rd quarter valued at about $48,653,000. BNP Paribas Financial Markets grew its stake in shares of Criteo by 31.0% during the third quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider’s stock valued at $17,602,000 after acquiring an additional 103,593 shares in the last quarter. Finally, APG Asset Management N.V. grew its stake in shares of Criteo by 1.9% during the second quarter. APG Asset Management N.V. now owns 407,822 shares of the information services provider’s stock valued at $14,353,000 after acquiring an additional 7,469 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Criteo Stock Up 0.2 %

Shares of NASDAQ:CRTO opened at $42.40 on Thursday. The company has a market cap of $2.34 billion, a PE ratio of 28.84 and a beta of 1.05. Criteo S.A. has a fifty-two week low of $23.87 and a fifty-two week high of $49.93. The firm has a 50-day simple moving average of $39.69 and a 200 day simple moving average of $41.28.

Wall Street Analysts Forecast Growth

CRTO has been the subject of a number of analyst reports. StockNews.com raised Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Susquehanna decreased their price target on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Wells Fargo & Company started coverage on shares of Criteo in a research note on Monday, October 28th. They issued an “overweight” rating and a $70.00 price target for the company. DA Davidson cut their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Finally, Benchmark reissued a “buy” rating and issued a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.67.

Insider Activity

In other Criteo news, CFO Sarah Js Glickman sold 5,442 shares of the business’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total transaction of $220,945.20. Following the completion of the transaction, the chief financial officer now directly owns 313,398 shares of the company’s stock, valued at $12,723,958.80. The trade was a 1.71 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Ryan Damon sold 2,793 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $42.54, for a total transaction of $118,814.22. Following the completion of the transaction, the insider now owns 115,646 shares of the company’s stock, valued at approximately $4,919,580.84. This trade represents a 2.36 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,765 shares of company stock valued at $1,009,013. 1.71% of the stock is currently owned by 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.