Criteo S.A. (NASDAQ:CRTO) Shares Bought by Jane Street Group LLC

Jane Street Group LLC increased its stake in Criteo S.A. (NASDAQ:CRTO) by 1,349.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 101,277 shares of the information services provider’s stock after buying an additional 94,289 shares during the quarter. Jane Street Group LLC’s holdings in Criteo were worth $4,075,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CRTO. Alpha DNA Investment Management LLC bought a new stake in shares of Criteo during the 2nd quarter worth about $473,000. Seizert Capital Partners LLC bought a new stake in Criteo during the third quarter worth approximately $1,405,000. Charles Schwab Investment Management Inc. lifted its position in Criteo by 80.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 48,395 shares of the information services provider’s stock worth $1,947,000 after purchasing an additional 21,509 shares during the period. Inspire Investing LLC acquired a new stake in Criteo in the second quarter worth approximately $819,000. Finally, SG Americas Securities LLC bought a new position in Criteo during the 2nd quarter valued at $248,000. Institutional investors and hedge funds own 94.27% of the company’s stock.

Insider Activity

In other news, insider Ryan Damon sold 2,793 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $42.54, for a total value of $118,814.22. Following the completion of the sale, the insider now directly owns 115,646 shares of the company’s stock, valued at $4,919,580.84. This represents a 2.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sarah Js Glickman sold 5,442 shares of the business’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total transaction of $220,945.20. Following the transaction, the chief financial officer now directly owns 313,398 shares in the company, valued at $12,723,958.80. The trade was a 1.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,765 shares of company stock worth $1,009,013 over the last quarter. Corporate insiders own 1.71% of the company’s stock.

Criteo Stock Performance

Shares of NASDAQ:CRTO opened at $42.40 on Thursday. The firm has a 50 day simple moving average of $39.69 and a 200 day simple moving average of $41.28. Criteo S.A. has a 52 week low of $23.87 and a 52 week high of $49.93. The company has a market cap of $2.34 billion, a PE ratio of 28.84 and a beta of 1.05.

Analysts Set New Price Targets

Several analysts have recently weighed in on CRTO shares. DA Davidson cut their price objective on Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Wells Fargo & Company began coverage on shares of Criteo in a research 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 research report on Tuesday, November 12th. Susquehanna dropped their target price on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, Benchmark restated a “buy” rating and set a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.67.

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.