Seizert Capital Partners LLC Makes New Investment in Criteo S.A. (NASDAQ:CRTO)

Seizert Capital Partners LLC purchased a new position in shares of Criteo S.A. (NASDAQ:CRTO) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 34,925 shares of the information services provider’s stock, valued at approximately $1,405,000.

Several other hedge funds also recently modified their holdings of CRTO. Alpha DNA Investment Management LLC acquired a new stake in shares of Criteo in the second quarter worth approximately $473,000. Inspire Investing LLC acquired a new stake in shares of Criteo in the second quarter worth approximately $819,000. SG Americas Securities LLC acquired a new stake in shares of Criteo in the second quarter worth approximately $248,000. Congress Asset Management Co. acquired a new stake in shares of Criteo in the third quarter worth approximately $48,653,000. Finally, Susquehanna Fundamental Investments LLC boosted its position in shares of Criteo by 523.1% in the second quarter. Susquehanna Fundamental Investments LLC now owns 59,199 shares of the information services provider’s stock worth $2,233,000 after acquiring an additional 49,699 shares during the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.

Criteo Price Performance

Criteo stock opened at $36.92 on Monday. The company has a market cap of $2.04 billion, a PE ratio of 25.12 and a beta of 1.02. The company has a fifty day moving average price of $39.93 and a two-hundred day moving average price of $40.78. Criteo S.A. has a 12 month low of $23.59 and a 12 month high of $49.93.

Insider Activity

In related news, CFO Sarah Js Glickman sold 5,442 shares of the company’s stock in a transaction dated Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total value of $220,945.20. Following the completion of the sale, the chief financial officer now owns 313,398 shares of the company’s stock, valued at $12,723,958.80. This represents a 1.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Brian Gleason sold 2,841 shares of the company’s stock in a transaction dated Tuesday, October 29th. The stock was sold at an average price of $41.10, for a total transaction of $116,765.10. Following the completion of the sale, the insider now directly owns 146,470 shares of the company’s stock, valued at $6,019,917. The trade was a 1.90 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.71% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Morgan Stanley raised their target price on shares of Criteo from $35.00 to $39.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 23rd. Wells Fargo & Company started coverage on shares of Criteo in a report on Monday, October 28th. They issued an “overweight” rating and a $70.00 price target on the stock. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. KeyCorp lowered shares of Criteo from an “overweight” rating to a “sector weight” rating in a report on Tuesday, July 30th. Finally, Macquarie raised their price target on shares of Criteo from $45.00 to $65.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Criteo has an average rating of “Moderate Buy” and a consensus target price of $51.22.

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.