TD Private Client Wealth LLC Sells 282 Shares of Criteo S.A. (NASDAQ:CRTO)

TD Private Client Wealth LLC lessened its position in Criteo S.A. (NASDAQ:CRTO) by 12.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,015 shares of the information services provider’s stock after selling 282 shares during the quarter. TD Private Client Wealth LLC’s holdings in Criteo were worth $81,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Senvest Management LLC lifted its holdings in shares of Criteo by 19.6% in the 3rd quarter. Senvest Management LLC now owns 2,895,784 shares of the information services provider’s stock worth $116,526,000 after acquiring an additional 475,530 shares during the last quarter. Whale Rock Capital Management LLC lifted its holdings in Criteo by 230.1% during the 3rd quarter. Whale Rock Capital Management LLC now owns 2,519,864 shares of the information services provider’s stock valued at $101,399,000 after buying an additional 1,756,507 shares in the last quarter. Congress Asset Management Co. bought a new stake in Criteo during the 3rd quarter valued at about $48,653,000. BNP Paribas Financial Markets lifted its holdings in Criteo by 31.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 437,419 shares of the information services provider’s stock valued at $17,602,000 after buying an additional 103,593 shares in the last quarter. Finally, APG Asset Management N.V. lifted its holdings in Criteo by 1.9% during the 2nd quarter. APG Asset Management N.V. now owns 407,822 shares of the information services provider’s stock valued at $14,353,000 after buying an additional 7,469 shares in the last quarter. Institutional investors own 94.27% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CRTO shares. Wells Fargo & Company started coverage on shares of Criteo in a report on Monday, October 28th. They set an “overweight” rating and a $70.00 price objective for the company. DA Davidson decreased their price objective on shares of Criteo from $58.00 to $53.00 and set a “buy” rating for the company in a report on Thursday, October 31st. StockNews.com upgraded shares of Criteo from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Susquehanna decreased their price objective on shares of Criteo from $50.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, October 31st. Finally, Benchmark reissued a “buy” rating and set a $51.00 target price on shares of Criteo in a research report on Tuesday, November 19th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, Criteo currently has an average rating of “Moderate Buy” and a consensus target price of $50.67.

Insider Transactions at Criteo

In other news, CEO Megan Clarken sold 9,284 shares of Criteo stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $40.36, for a total value of $374,702.24. Following the transaction, the chief executive officer now owns 509,145 shares of the company’s stock, valued at $20,549,092.20. The trade was a 1.79 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sarah Js Glickman sold 5,442 shares of Criteo stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $40.60, for a total transaction of $220,945.20. Following the completion of the transaction, the chief financial officer now directly owns 313,398 shares in the company, valued at approximately $12,723,958.80. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,765 shares of company stock valued at $1,009,013 in the last 90 days. Insiders own 1.71% of the company’s stock.

Criteo Stock Performance

NASDAQ CRTO opened at $42.57 on Monday. The company’s 50-day simple moving average is $39.60 and its two-hundred day simple moving average is $41.24. Criteo S.A. has a one year low of $23.87 and a one year high of $49.93. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of 28.96 and a beta of 1.05.

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.