Baldwin Wealth Partners LLC MA Sells 9,436 Shares of Criteo S.A. (NASDAQ:CRTO)

Baldwin Wealth Partners LLC MA trimmed its position in shares of Criteo S.A. (NASDAQ:CRTO) by 60.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,117 shares of the information services provider’s stock after selling 9,436 shares during the period. Baldwin Wealth Partners LLC MA’s holdings in Criteo were worth $242,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. USA Financial Formulas bought a new stake in shares of Criteo during the 3rd quarter worth $31,000. Farther Finance Advisors LLC acquired a new position in Criteo during the third quarter worth about $50,000. GAMMA Investing LLC lifted its holdings in shares of Criteo by 117.8% in the third quarter. GAMMA Investing LLC now owns 1,607 shares of the information services provider’s stock worth $65,000 after acquiring an additional 869 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Criteo by 312.5% in the second quarter. Point72 Asset Management L.P. now owns 3,300 shares of the information services provider’s stock worth $124,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Criteo by 99.5% in the 3rd quarter. Blue Trust Inc. now owns 3,689 shares of the information services provider’s stock valued at $139,000 after purchasing an additional 1,840 shares in the last quarter. 94.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CRTO shares. StockNews.com cut shares of Criteo from a “buy” rating to a “hold” rating in a research report on Friday, January 17th. DA Davidson lowered their price target on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Susquehanna cut their price objective on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Benchmark restated a “buy” rating and set a $51.00 price objective on shares of Criteo in a research report on Tuesday, November 19th. Finally, Wells Fargo & Company dropped their target price on Criteo from $66.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Criteo currently has a consensus rating of “Moderate Buy” and an average price target of $49.89.

Insiders Place Their Bets

In other Criteo news, CEO Megan Clarken sold 9,284 shares of Criteo stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $40.36, for a total value of $374,702.24. Following the completion of the sale, the chief executive officer now directly owns 509,145 shares in the company, valued at approximately $20,549,092.20. The trade was a 1.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ryan Damon sold 2,793 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $42.54, for a total value of $118,814.22. Following the transaction, the insider now owns 115,646 shares in the company, valued at $4,919,580.84. The trade was a 2.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,482 shares of company stock worth $671,302. 1.71% of the stock is currently owned by insiders.

Criteo Price Performance

Criteo stock opened at $37.45 on Tuesday. The stock’s 50 day moving average is $40.18 and its 200 day moving average is $41.63. Criteo S.A. has a one year low of $25.43 and a one year high of $49.93. The firm has a market cap of $2.07 billion, a P/E ratio of 25.48 and a beta of 1.06.

About Criteo

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.