Criteo SA (NASDAQ:CRTO) has been given a consensus rating of “Buy” by the fifteen analysts that are presently covering the company. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $54.00.

Several equities research analysts have commented on CRTO shares. Cowen and Company restated an “outperform” rating on shares of Criteo SA in a research report on Friday, February 17th. Stifel Nicolaus upped their price objective on Criteo SA from $41.00 to $43.00 and gave the stock a “hold” rating in a research report on Thursday, February 23rd. Goldman Sachs Group Inc lowered Criteo SA from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $49.00 to $51.00 in a research report on Wednesday, March 29th. Susquehanna Bancshares Inc restated a “neutral” rating and issued a $42.00 price objective (up previously from $37.00) on shares of Criteo SA in a research report on Thursday, February 23rd. Finally, Jefferies Group LLC restated a “buy” rating on shares of Criteo SA in a research report on Thursday, March 16th.

In other news, insider Jean-Baptiste Rudelle sold 84,873 shares of the stock in a transaction that occurred on Friday, March 10th. The stock was sold at an average price of $49.68, for a total transaction of $4,216,490.64. Following the transaction, the insider now owns 2,786,793 shares in the company, valued at approximately $138,447,876.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Benoit Fouilland sold 58,000 shares of the stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of $48.39, for a total value of $2,806,620.00. Following the transaction, the chief financial officer now owns 58,000 shares in the company, valued at approximately $2,806,620. The disclosure for this sale can be found here. Insiders have sold a total of 816,064 shares of company stock worth $41,658,832 in the last quarter. Insiders own 8.70% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. raised its position in shares of Criteo SA by 2.1% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 7,168 shares of the information services provider’s stock worth $358,000 after buying an additional 146 shares during the last quarter. Level Four Advisory Services LLC raised its position in shares of Criteo SA by 3.5% in the first quarter. Level Four Advisory Services LLC now owns 10,535 shares of the information services provider’s stock worth $534,000 after buying an additional 361 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Criteo SA by 3.2% in the fourth quarter. Private Advisor Group LLC now owns 13,495 shares of the information services provider’s stock worth $603,000 after buying an additional 415 shares during the last quarter. Shaker Investments LLC OH raised its position in shares of Criteo SA by 0.6% in the first quarter. Shaker Investments LLC OH now owns 84,495 shares of the information services provider’s stock worth $4,224,000 after buying an additional 485 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Criteo SA by 3.9% in the first quarter. Stifel Financial Corp now owns 16,883 shares of the information services provider’s stock worth $843,000 after buying an additional 629 shares during the last quarter. Hedge funds and other institutional investors own 72.24% of the company’s stock.

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Criteo SA (NASDAQ:CRTO) traded up 3.20% during trading on Friday, hitting $50.33. 152,314 shares of the company were exchanged. Criteo SA has a 1-year low of $32.83 and a 1-year high of $55.39. The firm’s 50 day moving average price is $51.96 and its 200-day moving average price is $46.17. The stock has a market capitalization of $3.10 billion, a PE ratio of 43.13 and a beta of 2.79.

Criteo SA (NASDAQ:CRTO) last issued its quarterly earnings results on Wednesday, May 3rd. The information services provider reported $0.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.01. Criteo SA had a net margin of 4.96% and a return on equity of 15.99%. The company had revenue of $210 million for the quarter, compared to the consensus estimate of $204.51 million. During the same quarter in the prior year, the company earned $0.43 EPS. Criteo SA’s quarterly revenue was up 29.6% on a year-over-year basis. Equities analysts predict that Criteo SA will post $2.46 EPS for the current year.

About Criteo SA

Criteo SA is a France-based company specializing in digital performance marketing. Its 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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