Criteo S.A. $CRTO Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. cut its holdings in shares of Criteo S.A. (NASDAQ:CRTO) by 16.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,783 shares of the information services provider’s stock after selling 4,884 shares during the period. Russell Investments Group Ltd.’s holdings in Criteo were worth $878,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of CRTO. Cadian Capital Management LP grew its position in shares of Criteo by 38.2% during the fourth quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider’s stock worth $102,236,000 after acquiring an additional 713,785 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its position in shares of Criteo by 45.9% during the first quarter. ANTIPODES PARTNERS Ltd now owns 1,451,188 shares of the information services provider’s stock worth $51,391,000 after acquiring an additional 456,633 shares during the last quarter. Two Sigma Advisers LP grew its position in shares of Criteo by 102.7% during the fourth quarter. Two Sigma Advisers LP now owns 564,000 shares of the information services provider’s stock worth $22,312,000 after acquiring an additional 285,800 shares during the last quarter. Congress Asset Management Co. grew its position in shares of Criteo by 25.4% during the first quarter. Congress Asset Management Co. now owns 1,410,564 shares of the information services provider’s stock worth $49,948,000 after acquiring an additional 285,285 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in shares of Criteo by 17.3% during the fourth quarter. Two Sigma Investments LP now owns 360,616 shares of the information services provider’s stock worth $14,266,000 after acquiring an additional 53,230 shares during the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on CRTO shares. Wells Fargo & Company lowered their target price on shares of Criteo from $54.00 to $40.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 29th. BMO Capital Markets lifted their price objective on shares of Criteo from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Stifel Nicolaus lowered their price objective on shares of Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Benchmark lowered their price objective on shares of Criteo from $46.00 to $42.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Criteo from $39.00 to $27.00 and set a “neutral” rating on the stock in a research report on Monday, May 5th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.00.

Criteo Stock Performance

Shares of NASDAQ CRTO opened at $24.83 on Friday. The firm has a market capitalization of $1.44 billion, a P/E ratio of 10.39 and a beta of 0.43. Criteo S.A. has a one year low of $22.43 and a one year high of $47.43. The company’s fifty day moving average is $23.86 and its two-hundred day moving average is $29.27.

Criteo (NASDAQ:CRTO) last issued its earnings results on Wednesday, July 30th. The information services provider reported $0.92 EPS for the quarter, topping the consensus estimate of $0.70 by $0.22. The company had revenue of $292.00 million for the quarter, compared to analyst estimates of $274.62 million. Criteo had a net margin of 7.10% and a return on equity of 16.91%. The business’s revenue was up 2.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Insider Activity at Criteo

In other news, insider Brian Gleason sold 2,842 shares of Criteo stock in a transaction on Monday, July 28th. The stock was sold at an average price of $22.85, for a total transaction of $64,939.70. Following the completion of the transaction, the insider owned 152,122 shares of the company’s stock, valued at $3,475,987.70. The trade was a 1.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.66% of the company’s stock.

About Criteo

Criteo SA, a technology company, provides marketing and monetization services on the open Internet in North and South America, Europe, the Middle East, Africa, and the Asia-Pacific. The company's Criteo Shopper Graph, which derives clients' proprietary commerce data, such as transaction activity on their digital properties.