Guinness Atkinson Asset Management Inc raised its holdings in Criteo S.A. (NASDAQ:CRTO) by 845.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,020 shares of the information services provider’s stock after buying an additional 3,595 shares during the period. Guinness Atkinson Asset Management Inc’s holdings in Criteo were worth $140,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of CRTO. FMR LLC raised its stake in Criteo by 89.7% in the first quarter. FMR LLC now owns 823,009 shares of the information services provider’s stock valued at $16,485,000 after buying an additional 389,100 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Criteo by 10.7% during the third quarter. Mercer Global Advisors Inc. ADV now owns 66,217 shares of the information services provider’s stock worth $807,000 after purchasing an additional 6,409 shares during the last quarter. Columbus Circle Investors purchased a new position in shares of Criteo during the fourth quarter worth about $913,000. Zweig DiMenna Associates LLC purchased a new position in shares of Criteo during the fourth quarter worth about $1,846,000. Finally, BlackRock Inc. grew its holdings in shares of Criteo by 70.1% during the fourth quarter. BlackRock Inc. now owns 34,289 shares of the information services provider’s stock worth $703,000 after purchasing an additional 14,131 shares during the last quarter. Institutional investors own 82.92% of the company’s stock.
NASDAQ:CRTO traded down $0.06 during mid-day trading on Friday, reaching $36.54. The stock had a trading volume of 3,108 shares, compared to its average volume of 925,080. The firm has a market capitalization of $2.22 billion, a price-to-earnings ratio of 33.89 and a beta of 1.05. Criteo S.A. has a twelve month low of $8.55 and a twelve month high of $39.07. The business has a 50 day simple moving average of $34.32 and a 200 day simple moving average of $23.60.
In other news, EVP Ryan Damon sold 1,400 shares of Criteo stock in a transaction that occurred on Thursday, March 11th. The shares were sold at an average price of $35.00, for a total transaction of $49,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 4,365 shares of company stock valued at $147,845. Insiders own 4.56% of the company’s stock.
Several equities analysts have issued reports on the company. Truist raised their price objective on Criteo from $20.00 to $37.00 in a report on Friday, February 12th. Morgan Stanley raised their price objective on Criteo from $16.00 to $30.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 30th. Macquarie raised Criteo from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a report on Thursday, February 11th. Raymond James raised their price target on Criteo from $17.00 to $36.00 and gave the stock an “outperform” rating in a report on Thursday, February 11th. Finally, Berenberg Bank raised their price target on Criteo from $28.25 to $39.50 and gave the stock a “buy” rating in a report on Thursday, February 25th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $26.53.
Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, and 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.
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