Aurora Investment Counsel Purchases Shares of 72,275 Criteo SA (CRTO)

Aurora Investment Counsel bought a new position in Criteo SA (NASDAQ:CRTO) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 72,275 shares of the information services provider’s stock, valued at approximately $1,881,000. Aurora Investment Counsel owned 0.11% of Criteo at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in CRTO. California Public Employees Retirement System grew its position in Criteo by 13.1% during the 3rd quarter. California Public Employees Retirement System now owns 71,725 shares of the information services provider’s stock valued at $2,977,000 after purchasing an additional 8,325 shares during the last quarter. Janney Capital Management LLC lifted its stake in shares of Criteo by 46.2% in the 3rd quarter. Janney Capital Management LLC now owns 8,840 shares of the information services provider’s stock worth $366,000 after purchasing an additional 2,794 shares during the period. Sylebra HK Co Ltd lifted its stake in shares of Criteo by 9.8% in the 3rd quarter. Sylebra HK Co Ltd now owns 1,130,369 shares of the information services provider’s stock worth $46,910,000 after purchasing an additional 101,199 shares during the period. Point72 Asset Management L.P. bought a new position in shares of Criteo in the 3rd quarter worth approximately $1,133,000. Finally, Janus Henderson Group PLC lifted its stake in shares of Criteo by 23.9% in the 3rd quarter. Janus Henderson Group PLC now owns 1,358,335 shares of the information services provider’s stock worth $56,364,000 after purchasing an additional 261,940 shares during the period. 87.66% of the stock is currently owned by hedge funds and other institutional investors.

In other Criteo news, CEO Eric Eichmann sold 20,000 shares of Criteo stock in a transaction that occurred on Wednesday, November 8th. The stock was sold at an average price of $35.41, for a total value of $708,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CRO Mary Spilman sold 5,000 shares of Criteo stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of $37.88, for a total value of $189,400.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 52,575 shares of company stock worth $2,070,376. 5.60% of the stock is currently owned by corporate insiders.

A number of research analysts recently weighed in on CRTO shares. BMO Capital Markets reissued a “buy” rating and issued a $70.00 target price on shares of Criteo in a report on Wednesday, September 13th. KeyCorp reaffirmed a “buy” rating and set a $62.00 price objective on shares of Criteo in a research note on Friday, September 15th. Berenberg Bank reiterated a “buy” rating and set a $63.00 target price on shares of Criteo in a research report on Friday, September 22nd. JMP Securities started coverage on Criteo in a research report on Monday, October 2nd. They set an “outperform” rating and a $60.00 target price for the company. Finally, Morgan Stanley restated an “equal weight” rating and issued a $46.00 price objective (down from $50.00) on shares of Criteo in a report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and seven have issued a buy rating to the stock. Criteo currently has a consensus rating of “Hold” and a consensus target price of $43.44.

Criteo SA (NASDAQ:CRTO) opened at $25.86 on Friday. The company has a market capitalization of $1,703.28, a P/E ratio of 22.29, a price-to-earnings-growth ratio of 1.26 and a beta of 2.49. Criteo SA has a 12-month low of $22.00 and a 12-month high of $56.00.

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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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