Polar Capital LLP raised its stake in Criteo SA (NASDAQ:CRTO) by 7.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 379,185 shares of the company’s stock after buying an additional 25,265 shares during the period. Polar Capital LLP owned approximately 0.62% of Criteo SA worth $17,412,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in CRTO. Compagnie Lombard Odier SCmA boosted its stake in shares of Criteo SA by 136.6% in the second quarter. Compagnie Lombard Odier SCmA now owns 12,069 shares of the company’s stock valued at $555,000 after buying an additional 6,969 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in Criteo SA by 29.6% in the second quarter. Parametric Portfolio Associates LLC now owns 33,097 shares of the company’s stock worth $1,520,000 after buying an additional 7,560 shares during the last quarter. Summit Securities Group LLC purchased a new stake in Criteo SA during the second quarter worth approximately $904,000. Allianz Asset Management AG boosted its stake in Criteo SA by 53.1% in the second quarter. Allianz Asset Management AG now owns 1,837,911 shares of the company’s stock worth $84,397,000 after buying an additional 637,376 shares during the last quarter. Finally, Origin Asset Management LLP purchased a new stake in Criteo SA during the second quarter worth approximately $3,995,000. 69.43% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Criteo SA (NASDAQ:CRTO)

Criteo SA (NASDAQ:CRTO) traded down 0.02% during mid-day trading on Friday, reaching $40.02. 782,362 shares of the company traded hands. The stock’s 50 day moving average price is $0.00 and its 200 day moving average price is $0.00. Criteo SA has a 52 week low of $39.75 and a 52 week high of $40.87.

Criteo SA (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.11. The business earned $177 million during the quarter, compared to the consensus estimate of $173.47 million. Criteo SA had a net margin of 4.96% and a return on equity of 15.99%. During the same quarter in the previous year, the firm earned $0.16 EPS. The company’s revenue was up 32.4% compared to the same quarter last year. Equities research analysts predict that Criteo SA will post $1.92 EPS for the current fiscal year.

CRTO has been the subject of a number of analyst reports. RBC Capital Markets reissued a “buy” rating and set a $55.00 target price on shares of Criteo SA in a research report on Tuesday, October 4th. Jefferies Group decreased their target price on shares of Criteo SA from $65.00 to $63.00 and set a “buy” rating for the company in a research report on Thursday, August 4th. Citigroup Inc. decreased their target price on shares of Criteo SA from $56.00 to $51.00 and set a “buy” rating for the company in a research report on Thursday, August 4th. Zacks Investment Research raised shares of Criteo SA from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Friday, August 5th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $51.00 target price on shares of Criteo SA in a research report on Tuesday, September 27th. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Criteo SA currently has an average rating of “Buy” and a consensus target price of $49.57.

In related news, CFO Benoit Fouilland sold 5,412 shares of the company’s stock in a transaction on Friday, November 4th. The shares were sold at an average price of $41.00, for a total value of $221,892.00. Following the completion of the sale, the chief financial officer now owns 90,683 shares in the company, valued at approximately $3,718,003. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Jean-Baptiste Rudelle sold 60,000 shares of the company’s stock in a transaction on Tuesday, October 4th. The shares were sold at an average price of $35.84, for a total transaction of $2,150,400.00. Following the completion of the sale, the insider now owns 2,806,831 shares of the company’s stock, valued at approximately $100,596,823.04. The disclosure for this sale can be found here. 8.70% of the stock is currently owned by corporate insiders.

Criteo SA Company Profile

Criteo SA is a global technology company specializing in digital performance marketing. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.

5 Day Chart for NASDAQ:CRTO

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