Trexquant Investment LP Buys New Holdings in Criteo (CRTO)

Trexquant Investment LP acquired a new stake in shares of Criteo (NASDAQ:CRTO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 80,518 shares of the information services provider’s stock, valued at approximately $2,081,000. Trexquant Investment LP owned 0.12% of Criteo as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC increased its position in shares of Criteo by 60.4% in the first quarter. SG Americas Securities LLC now owns 96,817 shares of the information services provider’s stock valued at $2,502,000 after buying an additional 36,457 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its position in shares of Criteo by 69.2% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 330,000 shares of the information services provider’s stock valued at $8,590,000 after purchasing an additional 135,000 shares in the last quarter. Delek Group Ltd. acquired a new position in shares of Criteo in the 4th quarter valued at approximately $1,932,000. Millennium Management LLC raised its position in shares of Criteo by 110.8% in the 4th quarter. Millennium Management LLC now owns 621,803 shares of the information services provider’s stock valued at $16,186,000 after purchasing an additional 326,870 shares in the last quarter. Finally, International Value Advisers LLC acquired a new position in shares of Criteo in the 4th quarter valued at approximately $43,764,000. Institutional investors own 74.35% of the company’s stock.

CRTO stock traded down $0.23 during trading on Friday, reaching $24.07. The company had a trading volume of 9,045 shares, compared to its average volume of 857,311. The stock has a market capitalization of $1.67 billion, a PE ratio of 14.91 and a beta of 1.89. Criteo has a twelve month low of $25.24 and a twelve month high of $25.87.



Criteo (NASDAQ:CRTO) last released its earnings results on Wednesday, May 2nd. The information services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.14. Criteo had a net margin of 4.21% and a return on equity of 14.52%. The company had revenue of $240.00 million during the quarter, compared to analysts’ expectations of $233.08 million. During the same period last year, the business earned $0.46 EPS. Criteo’s revenue for the quarter was up 14.3% on a year-over-year basis. sell-side analysts anticipate that Criteo will post 1.54 earnings per share for the current year.

CRTO has been the subject of a number of research analyst reports. Stifel Nicolaus reiterated a “hold” rating and issued a $28.00 price target (up from $26.00) on shares of Criteo in a report on Thursday, February 15th. BidaskClub downgraded Criteo from a “hold” rating to a “sell” rating in a report on Thursday. Citigroup boosted their price target on Criteo from $28.00 to $32.00 and gave the company a “neutral” rating in a report on Wednesday, February 21st. Cowen reiterated a “hold” rating and issued a $29.00 price target on shares of Criteo in a report on Thursday, February 15th. Finally, BMO Capital Markets upped their price objective on Criteo from $26.00 to $32.00 and gave the stock a “market perform” rating in a research note on Thursday, February 15th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Criteo has a consensus rating of “Hold” and a consensus price target of $42.88.

Criteo Profile

Criteo SA, a technology company, engages in digital performance marketing in France and internationally. The company's Criteo Shopper Graph, which collects clients' proprietary commerce data, such as transaction activity on their digital properties. Its Criteo Engine solutions include recommendation algorithms that create tailored advertisements to specific customer interest by determining the specific products and services to include in the advertisement; predictive bidding algorithms that predict the probability and nature of a user's engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients.

Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

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