Public Employees Retirement System of Ohio Buys Shares of 165,900 Criteo S.A. (NASDAQ:CRTO)

Public Employees Retirement System of Ohio bought a new position in shares of Criteo S.A. (NASDAQ:CRTO) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 165,900 shares of the information services provider’s stock, valued at approximately $6,676,000. Public Employees Retirement System of Ohio owned about 0.30% of Criteo at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Alpha DNA Investment Management LLC bought a new stake in shares of Criteo in the 2nd quarter valued at $473,000. Seizert Capital Partners LLC acquired a new position in Criteo in the third quarter valued at about $1,405,000. Inspire Investing LLC bought a new stake in shares of Criteo in the second quarter worth about $819,000. SG Americas Securities LLC acquired a new stake in shares of Criteo during the second quarter worth about $248,000. Finally, Senvest Management LLC lifted its holdings in shares of Criteo by 19.6% during the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock valued at $116,526,000 after purchasing an additional 475,530 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Criteo Stock Performance

CRTO opened at $42.57 on Friday. The firm has a market capitalization of $2.35 billion, a PE ratio of 28.96 and a beta of 1.05. Criteo S.A. has a 52-week low of $23.87 and a 52-week high of $49.93. The business’s 50-day simple moving average is $39.60 and its 200 day simple moving average is $41.21.

Insider Buying and Selling

In other Criteo news, insider Ryan Damon sold 2,885 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $40.36, for a total transaction of $116,438.60. Following the completion of the sale, the insider now owns 118,334 shares of the company’s stock, valued at $4,775,960.24. This trade represents a 2.38 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Brian Gleason sold 2,841 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of $41.10, for a total transaction of $116,765.10. Following the completion of the transaction, the insider now owns 146,470 shares in the company, valued at approximately $6,019,917. This trade represents a 1.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 24,765 shares of company stock worth $1,009,013. Insiders own 1.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wells Fargo & Company assumed coverage on shares of Criteo in a report on Monday, October 28th. They set an “overweight” rating and a $70.00 target price on the stock. StockNews.com raised shares of Criteo from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Benchmark reiterated a “buy” rating and set a $51.00 target price on shares of Criteo in a report on Tuesday, November 19th. DA Davidson dropped their price target on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Finally, Susquehanna reduced their price objective on Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Criteo currently has an average rating of “Moderate Buy” and an average target price of $50.67.

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.