Could Criteo S.A. – American Depositary Shares (NASDAQ:CRTO) Go Up After Its Newest Short Interest Report?

April 24, 2018 - By Linda Rogers

Criteo S.A. (NASDAQ:CRTO) Logo

Investors sentiment decreased to 0.76 in Q4 2017. Its down 0.25, from 1.01 in 2017Q3. It worsened, as 53 investors sold Criteo S.A. shares while 35 reduced holdings. 25 funds opened positions while 42 raised stakes. 40.54 million shares or 18.35% less from 49.65 million shares in 2017Q3 were reported.
Tocqueville Asset Mngmt Ltd Partnership has invested 0.01% of its portfolio in Criteo S.A. (NASDAQ:CRTO). Morgan Stanley holds 1.34 million shares. 469,836 were reported by Fil Ltd. Hg Vora Capital Mgmt Lc, a New York-based fund reported 3.10 million shares. Rice Hall James And Associates Ltd Liability holds 0.96% of its portfolio in Criteo S.A. (NASDAQ:CRTO) for 938,770 shares. Hsbc Holdg Public Limited Com holds 0% or 24,946 shares. Cwm Ltd Liability Com has invested 0% in Criteo S.A. (NASDAQ:CRTO). Goldman Sachs accumulated 0% or 53,444 shares. Bogle Inv Mngmt L P De reported 0.1% in Criteo S.A. (NASDAQ:CRTO). The Washington-based Parametric Port Limited Company has invested 0% in Criteo S.A. (NASDAQ:CRTO). Invesco stated it has 46,955 shares or 0% of all its holdings. Citadel Advsrs Ltd Co reported 0.02% stake. State Street Corporation holds 0% or 112,146 shares. Natixis Asset holds 754,506 shares or 2.19% of its portfolio. Northwestern Mutual Wealth Mgmt Co holds 0% or 239 shares in its portfolio.

The stock of Criteo S.A. – American Depositary Shares (NASDAQ:CRTO) registered an increase of 14.36% in short interest. CRTO’s total short interest was 4.98 million shares in April as published by FINRA. Its up 14.36% from 4.35 million shares, reported previously. With 754,900 shares average volume, it will take short sellers 7 days to cover their CRTO’s short positions. The short interest to Criteo S.A. – American Depositary Shares’s float is 8.43%.

The stock decreased 0.92% or $0.26 during the last trading session, reaching $27.85. About 319,065 shares traded. Criteo S.A. (NASDAQ:CRTO) has declined 47.34% since April 24, 2017 and is downtrending. It has underperformed by 58.89% the S&P500.

Criteo S.A., a technology company, engages in digital performance marketing in France and internationally. The company has market cap of $1.84 billion. The companyÂ’s Criteo Engine solution includes recommendation algorithms that create and tailor advertisements to specific user interest by determining the specific services and products to include in the advertisement; prediction and predictive bidding algorithms that predict the probability and nature of a userÂ’s engagement with a given advertisement; and bidding engine for executing campaigns based on objectives set by the clients. It has a 20.78 P/E ratio. The Company’s Criteo Engine solution also consists of dynamic creative optimization; software systems and processes that enable data synchronization, storage, and analysis of distributed computing infrastructure in multiple geographies; and experimentation platform, an offline/online platform to enhance the prediction abilities of its models.

Criteo S.A. (NASDAQ:CRTO) Ratings Coverage

Among 14 analysts covering Criteo SA (NASDAQ:CRTO), 5 have Buy rating, 0 Sell and 9 Hold. Therefore 36% are positive. Criteo SA had 25 analyst reports since October 30, 2017 according to SRatingsIntel. On Thursday, December 14 the stock rating was maintained by Jefferies with “Hold”. The firm earned “Neutral” rating on Friday, March 9 by Citigroup. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, February 14. The stock of Criteo S.A. (NASDAQ:CRTO) earned “Hold” rating by Jefferies on Thursday, November 2. The firm has “Hold” rating given on Tuesday, February 13 by Susquehanna. BMO Capital Markets maintained the stock with “Outperform” rating in Monday, October 30 report. The stock of Criteo S.A. (NASDAQ:CRTO) has “Buy” rating given on Thursday, November 2 by Citigroup. The firm has “Market Perform” rating given on Tuesday, January 23 by BMO Capital Markets. The stock of Criteo S.A. (NASDAQ:CRTO) has “Hold” rating given on Thursday, February 15 by Cowen & Co. SunTrust maintained it with “Buy” rating and $35.0 target in Thursday, December 14 report.

Criteo S.A. (NASDAQ:CRTO) Ratings Chart

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