Criteo SA (CRTO) Shares Sold by Majedie Asset Management Ltd

Majedie Asset Management Ltd decreased its position in shares of Criteo SA (NASDAQ:CRTO) by 13.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,188 shares of the information services provider’s stock after selling 7,686 shares during the quarter. Majedie Asset Management Ltd’s holdings in Criteo were worth $1,280,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Global Thematic Partners LLC boosted its stake in shares of Criteo by 42.5% during the 4th quarter. Global Thematic Partners LLC now owns 688,788 shares of the information services provider’s stock worth $17,928,000 after acquiring an additional 205,419 shares in the last quarter. Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Criteo during the 4th quarter worth approximately $235,000. Sumitomo Mitsui Asset Management Company LTD boosted its stake in shares of Criteo by 2.2% during the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 2,405,330 shares of the information services provider’s stock worth $62,610,000 after acquiring an additional 51,370 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Criteo by 49.0% during the 4th quarter. SG Americas Securities LLC now owns 60,360 shares of the information services provider’s stock worth $1,571,000 after acquiring an additional 19,854 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its stake in shares of Criteo by 17.7% during the 4th quarter. Rice Hall James & Associates LLC now owns 938,770 shares of the information services provider’s stock worth $24,436,000 after acquiring an additional 141,241 shares in the last quarter. 83.75% of the stock is currently owned by institutional investors and hedge funds.

Criteo SA (CRTO) opened at $22.12 on Thursday. The firm has a market capitalization of $1,495.41, a price-to-earnings ratio of 19.07, a price-to-earnings-growth ratio of 1.10 and a beta of 2.25. Criteo SA has a twelve month low of $21.00 and a twelve month high of $56.00.

Several equities research analysts have recently commented on CRTO shares. Jefferies Group lowered Criteo from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Zacks Investment Research downgraded Criteo from a “hold” rating to a “sell” rating in a research report on Thursday, October 19th. Macquarie initiated coverage on Criteo in a research report on Thursday, October 12th. They set a “neutral” rating and a $51.00 price objective for the company. BMO Capital Markets restated a “buy” rating on shares of Criteo in a research report on Thursday, November 2nd. Finally, Citigroup downgraded Criteo from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a research report on Friday, December 15th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the stock. Criteo currently has an average rating of “Hold” and an average target price of $43.19.

In other Criteo news, CEO Eric Eichmann sold 7,153 shares of the business’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $24.87, for a total value of $177,895.11. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jean-Baptiste Rudelle sold 1,261 shares of the business’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $24.78, for a total value of $31,247.58. The disclosure for this sale can be found here. Insiders own 5.60% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Criteo SA (CRTO) Shares Sold by Majedie Asset Management Ltd” was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2018/02/08/criteo-sa-crto-shares-sold-by-majedie-asset-management-ltd.html.

Criteo Profile

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.

Want to see what other hedge funds are holding CRTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Criteo SA (NASDAQ:CRTO).

Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply