Janney Capital Management LLC boosted its stake in shares of Criteo S.A. (NASDAQ:CRTO) by 39.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,046 shares of the information services provider’s stock after buying an additional 1,709 shares during the period. Janney Capital Management LLC’s holdings in Criteo were worth $296,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. American Century Companies Inc. raised its position in shares of Criteo by 1.2% in the first quarter. American Century Companies Inc. now owns 1,189,952 shares of the information services provider’s stock valued at $59,486,000 after buying an additional 14,120 shares in the last quarter. Hussman Strategic Advisors Inc. bought a new position in shares of Criteo during the first quarter valued at $200,000. Shaker Investments LLC OH increased its position in shares of Criteo by 0.6% in the first quarter. Shaker Investments LLC OH now owns 84,495 shares of the information services provider’s stock valued at $4,224,000 after buying an additional 485 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Criteo by 3,457.6% in the first quarter. Wells Fargo & Company MN now owns 122,381 shares of the information services provider’s stock valued at $6,118,000 after buying an additional 118,941 shares during the last quarter. Finally, Exane Derivatives bought a new position in shares of Criteo during the first quarter valued at $5,405,000. 85.03% of the stock is owned by institutional investors and hedge funds.

Shares of Criteo S.A. (NASDAQ:CRTO) traded up 0.25% on Friday, reaching $49.00. The company’s stock had a trading volume of 389,747 shares. Criteo S.A. has a 12-month low of $32.83 and a 12-month high of $56.00. The firm has a 50 day moving average price of $50.12 and a 200-day moving average price of $49.65.

Criteo (NASDAQ:CRTO) last announced its earnings results on Wednesday, August 2nd. The information services provider reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.05. Criteo had a return on equity of 13.94% and a net margin of 3.48%. The company had revenue of $220 million for the quarter, compared to analyst estimates of $212.55 million. During the same period in the prior year, the company posted $0.33 EPS. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. On average, equities analysts expect that Criteo S.A. will post $2.43 earnings per share for the current year.

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Several equities analysts have recently weighed in on CRTO shares. Cowen and Company restated a “buy” rating and set a $60.00 price target on shares of Criteo in a report on Friday, July 28th. Jefferies Group LLC restated a “buy” rating and set a $48.80 price target (down from $66.00) on shares of Criteo in a report on Tuesday, June 6th. Royal Bank Of Canada restated a “buy” rating and set a $60.00 price target on shares of Criteo in a report on Monday, July 31st. Deutsche Bank AG raised their price target on Criteo from $64.00 to $65.00 and gave the company a “buy” rating in a report on Thursday, August 3rd. Finally, BidaskClub upgraded Criteo from a “sell” rating to a “hold” rating in a report on Wednesday, June 21st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have given a buy rating to the company’s stock. Criteo currently has a consensus rating of “Hold” and a consensus target price of $55.98.

In other news, Director James Warner sold 1,250 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $46.98, for a total value of $58,725.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Dana L. Evan sold 24,166 shares of the stock in a transaction dated Wednesday, May 17th. The shares were sold at an average price of $48.90, for a total value of $1,181,717.40. The disclosure for this sale can be found here. Insiders have sold a total of 672,453 shares of company stock worth $34,102,134 over the last ninety days. 5.60% of the stock is currently owned by corporate insiders.

About Criteo

Criteo SA is a France-based company specializing in digital performance marketing. Its solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.

Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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