GSA Capital Partners LLP Sells 18,214 Shares of Criteo S.A. (NASDAQ:CRTO)

GSA Capital Partners LLP trimmed its position in Criteo S.A. (NASDAQ:CRTO) by 41.0% during the third quarter, HoldingsChannel.com reports. The firm owned 26,208 shares of the information services provider’s stock after selling 18,214 shares during the quarter. GSA Capital Partners LLP’s holdings in Criteo were worth $1,055,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Acadian Asset Management LLC lifted its holdings in shares of Criteo by 0.3% in the first quarter. Acadian Asset Management LLC now owns 2,195,542 shares of the information services provider’s stock valued at $76,972,000 after purchasing an additional 6,698 shares in the last quarter. Congress Asset Management Co. bought a new stake in shares of Criteo in the third quarter valued at about $48,653,000. APG Asset Management N.V. lifted its holdings in shares of Criteo by 1.9% in the second quarter. APG Asset Management N.V. now owns 407,822 shares of the information services provider’s stock valued at $14,353,000 after purchasing an additional 7,469 shares in the last quarter. Clearbridge Investments LLC bought a new stake in shares of Criteo in the second quarter valued at about $11,059,000. Finally, VELA Investment Management LLC lifted its holdings in shares of Criteo by 15.3% in the third quarter. VELA Investment Management LLC now owns 111,624 shares of the information services provider’s stock valued at $4,492,000 after purchasing an additional 14,779 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on CRTO. DA Davidson dropped their target price on Criteo from $58.00 to $53.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. Macquarie upped their target price on Criteo from $45.00 to $65.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Benchmark reiterated a “buy” rating and set a $56.00 target price on shares of Criteo in a report on Thursday, October 10th. Susquehanna dropped their target price on Criteo from $50.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, StockNews.com upgraded Criteo from a “hold” rating to a “buy” rating in a report on Tuesday. 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.22.

Insider Activity

In other news, insider Brian Gleason sold 2,841 shares of the company’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $41.10, for a total value of $116,765.10. Following the transaction, the insider now owns 146,470 shares of the company’s stock, valued at approximately $6,019,917. This represents a 1.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Sarah Js Glickman sold 5,442 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The shares were sold at an average price of $40.60, for a total value 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 $12,723,958.80. The trade was a 1.71 % decrease in their position. The disclosure for this sale can be found here. 1.71% of the stock is owned by company insiders.

Criteo Trading Down 2.6 %

Criteo stock opened at $36.93 on Friday. Criteo S.A. has a 12 month low of $23.59 and a 12 month high of $49.93. The stock’s 50 day moving average is $39.93 and its 200-day moving average is $40.70. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 25.12 and a beta of 1.02.

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.