APG Asset Management N.V. Has $2.04 Million Holdings in Criteo S.A. (NASDAQ:CRTO)

APG Asset Management N.V. increased its holdings in Criteo S.A. (NASDAQ:CRTO) by 116.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,265 shares of the information services provider’s stock after buying an additional 28,655 shares during the period. APG Asset Management N.V. owned 0.10% of Criteo worth $2,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in CRTO. DnB Asset Management AS raised its holdings in Criteo by 0.5% in the 4th quarter. DnB Asset Management AS now owns 5,407,057 shares of the information services provider’s stock valued at $213,903,000 after acquiring an additional 28,536 shares in the last quarter. Alliancebernstein L.P. lifted its stake in shares of Criteo by 38.3% in the 4th quarter. Alliancebernstein L.P. now owns 3,796,975 shares of the information services provider’s stock valued at $150,208,000 after acquiring an additional 1,052,126 shares during the last quarter. Lord Abbett & CO. LLC raised its position in Criteo by 42.0% in the third quarter. Lord Abbett & CO. LLC now owns 1,853,068 shares of the information services provider’s stock valued at $74,567,000 after purchasing an additional 547,718 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its holdings in Criteo by 41,776.0% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 994,555 shares of the information services provider’s stock valued at $39,348,000 after buying an additional 992,180 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Criteo by 10.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 697,146 shares of the information services provider’s stock worth $27,579,000 after purchasing an additional 63,379 shares during the period. 94.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Stifel Nicolaus reaffirmed a “buy” rating and set a $61.00 target price (up from $59.00) on shares of Criteo in a report on Thursday, February 6th. StockNews.com cut shares of Criteo from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. DA Davidson lifted their price target on shares of Criteo from $53.00 to $57.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Wells Fargo & Company lifted their price target on Criteo from $63.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, BMO Capital Markets upped their target price on shares of Criteo from $48.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, February 6th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.80.

Insider Buying and Selling at Criteo

In other Criteo news, insider Brian Gleason sold 3,135 shares of Criteo stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $36.95, for a total transaction of $115,838.25. Following the completion of the transaction, the insider now owns 139,085 shares of the company’s stock, valued at $5,139,190.75. The trade was a 2.20 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Megan Clarken sold 13,823 shares of the company’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $43.56, for a total value of $602,129.88. Following the sale, the chief executive officer now owns 488,229 shares in the company, valued at approximately $21,267,255.24. This represents a 2.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,363 shares of company stock valued at $1,124,213 in the last 90 days. 1.71% of the stock is currently owned by company insiders.

Criteo Price Performance

Shares of CRTO opened at $28.39 on Friday. Criteo S.A. has a 1 year low of $27.50 and a 1 year high of $49.93. The stock’s fifty day moving average price is $37.48 and its two-hundred day moving average price is $38.80. The firm has a market cap of $1.64 billion, a PE ratio of 16.90 and a beta of 0.74.

Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, February 5th. The information services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.04. Criteo had a net margin of 5.08% and a return on equity of 16.37%. Sell-side analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

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.