November 30, 2016 - By Vivian Park · 0 Comments
The stock of Criteo SA Ads (NASDAQ:CRTO) registered an increase of 14.54% in short interest. CRTO’s total short interest was 6.10 million shares in November as published by FINRA. Its up 14.54% from 5.33M shares, reported previously. With 701,400 shares average volume, it will take short sellers 9 days to cover their CRTO’s short positions. The short interest to Criteo SA Ads’s float is 11.79%. About 128,449 shares traded hands. Criteo SA (ADR) (NASDAQ:CRTO) has risen 0.48% since April 27, 2016 and is uptrending. It has underperformed by 4.75% the S&P500.
Criteo SA is a France-based company specializing in digital performance marketing. The company has a market cap of $2.62 billion. The Company’s solution consists of the Criteo Engine, the Company’s data assets, access to inventory, and its advertiser and publisher platforms. It has a 34.2 P/E ratio. The Criteo Engine consists of various machine learning algorithms, such as prediction, recommendation, bidding and creative algorithms and the global hardware and software infrastructure.
Insitutional Activity: The institutional sentiment decreased to 0.99 in Q2 2016. Its down 0.27, from 1.26 in 2016Q1. The ratio turned negative, as 15 funds sold all Criteo SA (ADR) shares owned while 46 reduced positions. 34 funds bought stakes while 43 increased positions. They now own 39.87 million shares or 12.70% more from 35.38 million shares in 2016Q1.
Artisan Prtnrs Ltd Partnership reported 101,756 shares or 0.01% of all its holdings. Allianz Asset Mngmt Ag has 0.05% invested in the company for 1.84 million shares. Jane Street Limited Liability Co, a New York-based fund reported 9,719 shares. Oak Ridge Invests Limited Liability Company has 0.93% invested in the company for 785,182 shares. Columbus Circle Investors accumulated 637,337 shares or 0.29% of the stock. Us Financial Bank De has 0.01% invested in the company for 56,861 shares. The Pennsylvania-based Pnc Svcs Gp has invested 0% in Criteo SA (ADR) (NASDAQ:CRTO). United Cap Advisers Llc holds 0.01% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO) for 24,240 shares. Fifth Third Bancshares last reported 0% of its portfolio in the stock. Raymond James Fincl Svcs Advsr owns 7,022 shares or 0% of their US portfolio. Marshall Wace Llp accumulated 784,347 shares or 0.3% of the stock. Utd Ser Automobile Association accumulated 11,737 shares or 0% of the stock. Putnam Invests Ltd Com accumulated 383,737 shares or 0.04% of the stock. Westpac Banking Corp holds 1.02 million shares or 0% of its portfolio. Royal Retail Bank Of Canada holds 8,454 shares or 0% of its portfolio.
Out of 13 analysts covering Criteo SA (NASDAQ:CRTO), 10 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 77% are positive. Criteo SA has been the topic of 15 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Suntrust Robinson on Tuesday, December 22. The rating was maintained by Cowen & Co on Monday, September 21 with “Outperform”. The stock of Criteo SA (ADR) (NASDAQ:CRTO) has “Buy” rating given on Tuesday, October 18 by Berenberg. The firm has “Hold” rating given on Thursday, September 3 by Evercore. Jefferies maintained the shares of CRTO in a report on Thursday, August 4 with “Buy” rating. On Monday, August 10 the stock rating was initiated by Susquehanna with “Positive”. Morgan Stanley initiated Criteo SA (ADR) (NASDAQ:CRTO) rating on Tuesday, January 26. Morgan Stanley has “Equal-Weight” rating and $36 price target. Boenning & Scattergood initiated the stock with “Outperform” rating in Friday, February 5 report. The stock has “Buy” rating given by Berenberg on Friday, November 25. The stock of Criteo SA (ADR) (NASDAQ:CRTO) earned “Buy” rating by Citigroup on Thursday, August 4.
Criteo S.A., incorporated on October 19, 2005, is a global technology firm 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. The Firm operates in approximately 90 countries through a network of over 30 international offices located in Europe, the Americas and the Asia-Pacific region. The Criteo Engine delivers advertisements through multiple marketing channels and formats, including display advertising banners, native advertising banners and marketing messages delivered to opt-in e-mail addresses. Advertisements are delivered on all devices and screens, including Web browsers on desktops and laptops, mobile Web browsers on smartphones and tablets, as well as mobile applications.
More notable recent Criteo SA (ADR) (NASDAQ:CRTO) news were published by: Fool.com which released: “Criteo SA (ADR) Serves Up Another Quarterly Beat” on May 05, 2016, also Fool.com with their article: “Why Shares of Criteo SA (ADR) Jumped Today” published on February 10, 2016, Fool.com published: “Criteo SA (ADR) Crumbles Despite Another Solid Quarter” on November 05, 2015. More interesting news about Criteo SA (ADR) (NASDAQ:CRTO) were released by: Quotes.Wsj.com and their article: “DOW JONES, A NEWS CORP COMPANY” published on September 21, 2011 as well as Fool.com‘s news article titled: “Why Criteo SA (ADR) Stock Soared” with publication date: August 29, 2014.
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By Vivian Park