Invesco Ltd. Purchases 1,875 Shares of Criteo S.A. $CRTO

Invesco Ltd. lifted its position in shares of Criteo S.A. (NASDAQ:CRTO) by 14.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,219 shares of the information services provider’s stock after buying an additional 1,875 shares during the quarter. Invesco Ltd.’s holdings in Criteo were worth $539,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in CRTO. Vega Investment Solutions bought a new position in shares of Criteo during the 4th quarter worth $41,000. TD Private Client Wealth LLC lifted its stake in shares of Criteo by 21.4% during the 1st quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider’s stock worth $85,000 after purchasing an additional 426 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Criteo by 53.2% during the 4th quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider’s stock worth $166,000 after purchasing an additional 1,455 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in shares of Criteo during the 1st quarter worth $232,000. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Criteo by 17.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider’s stock worth $258,000 after purchasing an additional 971 shares during the last quarter. Institutional investors own 94.27% of the company’s stock.

Criteo Stock Performance

Criteo stock opened at $23.33 on Friday. The stock has a 50-day moving average of $23.83 and a two-hundred day moving average of $28.57. The stock has a market cap of $1.35 billion, a PE ratio of 9.76 and a beta of 0.47. Criteo S.A. has a one year low of $22.43 and a one year high of $47.26.

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

Analysts Set New Price Targets

A number of brokerages recently weighed in on CRTO. Wells Fargo & Company decreased their price objective on Criteo from $54.00 to $40.00 and set an “overweight” rating for the company in a research note on Tuesday, July 29th. Stifel Nicolaus decreased their price objective on Criteo from $42.00 to $41.00 and set a “buy” rating for the company in a research note on Tuesday, July 22nd. DA Davidson decreased their price objective on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, July 31st. Benchmark decreased their price objective on Criteo from $46.00 to $42.00 and set a “buy” rating for the company in a research note on Tuesday, July 22nd. Finally, BMO Capital Markets upped their price objective on Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $40.00.

Insider Buying and Selling at Criteo

In other news, insider Brian Gleason sold 2,842 shares of the stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $22.85, for a total value of $64,939.70. Following the transaction, the insider directly owned 152,122 shares of the company’s stock, valued at approximately $3,475,987.70. This represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate 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.