Shares of Criteo SA (NASDAQ:CRTO) fell 2.5% during mid-day trading on Monday . The company traded as low as $42.00 and last traded at $42.82, with a volume of 626,039 shares changing hands. The stock had previously closed at $43.93.

A number of research firms recently issued reports on CRTO. TheStreet downgraded Criteo SA from a “buy” rating to a “hold” rating in a research report on Friday, June 3rd. Royal Bank Of Canada lowered their target price on Criteo SA from $58.00 to $55.00 and set an “outperform” rating on the stock in a research report on Thursday, May 5th. Jefferies Group reaffirmed a “buy” rating and issued a $65.00 target price on shares of Criteo SA in a research report on Monday, June 27th. Morgan Stanley reaffirmed a “hold” rating and issued a $39.00 target price on shares of Criteo SA in a research report on Monday, May 2nd. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $53.00 target price on shares of Criteo SA in a research report on Thursday, May 5th. Four analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Criteo SA currently has an average rating of “Buy” and an average target price of $50.30.

The company has a market capitalization of $2.69 billion and a price-to-earnings ratio of 45.06. The stock’s 50 day moving average is $44.73 and its 200 day moving average is $39.30.

Criteo SA (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, May 4th. The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.09. The business earned $162 million during the quarter, compared to the consensus estimate of $157.14 million. During the same period in the previous year, the business posted $0.28 EPS. Criteo SA’s revenue was up 36.9% compared to the same quarter last year. On average, equities analysts predict that Criteo SA will post $1.79 EPS for the current year.

In other Criteo SA news, CTO Romain Niccoli sold 15,385 shares of Criteo SA stock in a transaction that occurred on Monday, April 18th. The shares were sold at an average price of $39.81, for a total transaction of $612,476.85. Following the transaction, the chief technology officer now owns 990,293 shares of the company’s stock, valued at approximately $39,423,564.33. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Eric Eichmann sold 20,000 shares of Criteo SA stock in a transaction that occurred on Wednesday, April 20th. The stock was sold at an average price of $40.49, for a total transaction of $809,800.00. Following the transaction, the chief executive officer now directly owns 24,647 shares in the company, valued at approximately $997,957.03. The disclosure for this sale can be found here.

Other institutional investors have recently bought and sold shares of the company. Russell Frank Co boosted its position in Criteo SA by 1,797.9% in the fourth quarter. Russell Frank Co now owns 225,965 shares of the company’s stock valued at $9,001,000 after buying an additional 214,059 shares in the last quarter. Cornerstone Capital Management LLC purchased a new position in Criteo SA during the fourth quarter valued at approximately $15,984,000. GAM Holding AG boosted its position in Criteo SA by 84.8% in the fourth quarter. GAM Holding AG now owns 487,300 shares of the company’s stock valued at $19,297,000 after buying an additional 223,600 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in Criteo SA by 20.5% in the fourth quarter. Marshall Wace LLP now owns 1,345,215 shares of the company’s stock valued at $53,270,000 after buying an additional 228,942 shares in the last quarter.

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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