Calamos Advisors LLC lowered its position in shares of Criteo SA (NASDAQ:CRTO) by 22.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,035 shares of the company’s stock after selling 2,315 shares during the period. Calamos Advisors LLC’s holdings in Criteo SA were worth $369,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the stock. Westend Capital Management LLC purchased a new stake in Criteo SA during the first quarter worth approximately $111,000. Independent Portfolio Consultants Inc. raised its stake in Criteo SA by 9.1% in the second quarter. Independent Portfolio Consultants Inc. now owns 4,475 shares of the company’s stock worth $205,000 after buying an additional 375 shares in the last quarter. Albert D Mason Inc. purchased a new stake in Criteo SA during the second quarter worth approximately $210,000. Bayesian Capital Management LP purchased a new stake in Criteo SA during the first quarter worth approximately $315,000. Finally, Regent Investment Management LLC raised its stake in Criteo SA by 17.3% in the second quarter. Regent Investment Management LLC now owns 8,800 shares of the company’s stock worth $404,000 after buying an additional 1,300 shares in the last quarter. Institutional investors own 69.29% of the company’s stock.
Shares of Criteo SA (NASDAQ:CRTO) traded down 3.79% during mid-day trading on Thursday, reaching $34.30. 613,807 shares of the company traded hands. The stock has a market capitalization of $2.11 billion, a PE ratio of 30.93 and a beta of 2.82. Criteo SA has a 52 week low of $24.23 and a 52 week high of $47.81. The firm has a 50 day moving average of $36.35 and a 200-day moving average of $41.07.
Criteo SA (NASDAQ:CRTO) last released its earnings results on Wednesday, August 3rd. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. Criteo SA had a return on equity of 15.20% and a net margin of 4.72%. The business earned $166 million during the quarter, compared to the consensus estimate of $161.27 million. During the same period last year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was up 35.4% compared to the same quarter last year. On average, equities research analysts expect that Criteo SA will post $1.78 EPS for the current fiscal year.
A number of research firms recently commented on CRTO. Jefferies Group lowered their price target on shares of Criteo SA from $65.00 to $63.00 and set a “buy” rating for the company in a report on Thursday, August 4th. RBC Capital Markets set a $55.00 price objective on shares of Criteo SA and gave the stock a “buy” rating in a report on Saturday, September 17th. Pacific Crest restated a “buy” rating and issued a $53.00 price objective on shares of Criteo SA in a report on Monday, July 11th. William Blair restated an “outperform” rating on shares of Criteo SA in a report on Thursday, August 4th. Finally, Cowen and Company restated an “outperform” rating on shares of Criteo SA in a report on Tuesday. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Criteo SA presently has a consensus rating of “Buy” and an average target price of $48.50.
In other news, insider Jean-Baptiste Rudelle sold 60,000 shares of Criteo SA stock in a transaction on Tuesday, October 4th. The stock was sold at an average price of $35.84, for a total transaction of $2,150,400.00. Following the completion of the sale, the insider now directly owns 2,806,831 shares in the company, valued at $100,596,823.04. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Benoit Fouilland sold 876 shares of Criteo SA stock in a transaction on Monday, July 18th. The stock was sold at an average price of $43.80, for a total value of $38,368.80. Following the sale, the chief financial officer now owns 103,899 shares of the company’s stock, valued at $4,550,776.20. The disclosure for this sale can be found here. Insiders own 8.70% of the company’s stock.
About Criteo SA
Criteo SA is a global technology company specializing in digital performance marketing. The Company’s 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.
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