Is Buying Criteo SA Ads (NASDAQ:CRTO) Here Good Idea?

September 19, 2017 - By Louis Casey

 Is Buying Criteo SA Ads (NASDAQ:CRTO) Here Good Idea?

Investors sentiment increased to 1.04 in Q4 2016. Its up 0.05, from 0.99 in 2016Q3. It improved, as 22 investors sold Criteo SA (ADR) shares while 45 reduced holdings. 27 funds opened positions while 43 raised stakes. 42.54 million shares or 10.70% more from 38.43 million shares in 2016Q3 were reported.
Private Advisor Grp Limited Liability has invested 0.02% in Criteo SA (ADR) (NASDAQ:CRTO). Northern Tru Corp reported 0% in Criteo SA (ADR) (NASDAQ:CRTO). Art Advisors Llc holds 0.05% or 21,800 shares in its portfolio. Tradewinds Capital Mngmt Limited Liability Co has invested 0% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO). Financial Bank Of Montreal Can stated it has 0% in Criteo SA (ADR) (NASDAQ:CRTO). Prelude Cap Management Ltd Liability Company invested in 300 shares. Fil holds 429,574 shares. Creative Planning has invested 0% in Criteo SA (ADR) (NASDAQ:CRTO). Hightower Advisors Ltd holds 0.01% or 24,100 shares in its portfolio. Parus (Uk) Limited holds 4.98% in Criteo SA (ADR) (NASDAQ:CRTO) or 688,725 shares. Glg Prtn L P reported 418,032 shares. Loomis Sayles And Lp reported 0.03% stake. Morgan Stanley has invested 0.02% of its portfolio in Criteo SA (ADR) (NASDAQ:CRTO). Shaker Invests Ltd Liability Corporation Oh invested in 84,010 shares or 2.72% of the stock. Boussard Gavaudan Investment Management Llp invested in 101,100 shares.

The stock of Criteo SA Ads (NASDAQ:CRTO) registered an increase of 5.99% in short interest. CRTO’s total short interest was 7.46 million shares in September as published by FINRA. Its up 5.99% from 7.04 million shares, reported previously. With 541,200 shares average volume, it will take short sellers 14 days to cover their CRTO’s short positions. The short interest to Criteo SA Ads’s float is 13%.

The stock decreased 3.87% or $1.66 during the last trading session, reaching $41.23. About shares traded. Criteo SA (ADR) (NASDAQ:CRTO) has risen 11.11% since September 19, 2016 and is uptrending. It has underperformed by 5.59% the S&P500.

Criteo SA is a France-based company specializing in digital performance marketing. The company has market cap of $2.69 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 38.42 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.

Criteo SA (ADR) (NASDAQ:CRTO) Ratings Coverage

Among 19 analysts covering Criteo SA (NASDAQ:CRTO), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Criteo SA had 31 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Jefferies given on Thursday, August 4. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Monday, July 31. Jefferies maintained the shares of CRTO in report on Wednesday, September 6 with “Buy” rating. The company was maintained on Friday, August 4 by Jefferies. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, November 5. Susquehanna downgraded the shares of CRTO in report on Tuesday, September 6 to “Neutral” rating. Cowen & Co maintained the shares of CRTO in report on Thursday, August 3 with “Buy” rating. The rating was initiated by Susquehanna on Monday, August 10 with “Positive”. Suntrust Robinson initiated Criteo SA (ADR) (NASDAQ:CRTO) on Tuesday, December 22 with “Buy” rating. The rating was maintained by Berenberg on Friday, November 25 with “Buy”.

More notable recent Criteo SA (ADR) (NASDAQ:CRTO) news were published by: Quotes.Wsj.com which released: “Criteo SA ADR” on September 21, 2011, also Fool.com with their article: “Criteo SA Sustains Its Momentum” published on May 04, 2017, Fool.com published: “Criteo SA Beats Expectations Again on Innovation, New Customer Growth” on August 02, 2017. More interesting news about Criteo SA (ADR) (NASDAQ:CRTO) were released by: Benzinga.com and their article: “Analysts Diverge On Their View Of Criteo; Did The Market Side With The Bull Or …” published on September 18, 2017 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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