Goldman Sachs Group Inc. Cuts Stock Position in Criteo S.A. $CRTO

Goldman Sachs Group Inc. decreased its holdings in shares of Criteo S.A. (NASDAQ:CRTO) by 48.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,921 shares of the information services provider’s stock after selling 121,336 shares during the period. Goldman Sachs Group Inc. owned about 0.22% of Criteo worth $4,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vega Investment Solutions purchased a new position in Criteo during the fourth quarter valued at $41,000. Jones Financial Companies Lllp lifted its stake in Criteo by 1,376.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after buying an additional 1,184 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in Criteo by 21.4% in the 1st quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider’s stock worth $85,000 after buying an additional 426 shares during the last quarter. Blueshift Asset Management LLC purchased a new stake in Criteo during the 1st quarter worth approximately $232,000. Finally, Fox Run Management L.L.C. acquired a new position in shares of Criteo during the first quarter valued at approximately $254,000. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Insider Buying and Selling at Criteo

In other news, insider Brian Gleason sold 2,842 shares of the firm’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $22.85, for a total transaction of $64,939.70. Following the transaction, the insider directly owned 152,122 shares in the company, valued at approximately $3,475,987.70. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.66% of the company’s stock.

Criteo Stock Performance

Shares of NASDAQ CRTO opened at $22.44 on Thursday. The stock’s 50-day simple moving average is $23.50 and its 200-day simple moving average is $27.55. The firm has a market capitalization of $1.30 billion, a PE ratio of 9.39 and a beta of 0.47. Criteo S.A. has a fifty-two week low of $21.44 and a fifty-two week high of $47.26.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.22. Criteo had a net margin of 7.10% and a return on equity of 16.91%. The business had revenue of $292.00 million during the quarter, compared to the consensus estimate of $274.62 million. During the same quarter in the previous year, the firm earned $1.08 EPS. The company’s revenue was up 2.5% compared to the same quarter last year. 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.

Analysts Set New Price Targets

CRTO has been the subject of several research reports. Benchmark dropped their price target on Criteo from $46.00 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, July 22nd. BMO Capital Markets upped their target price on shares of Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. DA Davidson decreased their price target on shares of Criteo from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, July 31st. Wells Fargo & Company lowered their price target 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. Finally, Stifel Nicolaus decreased their target price on shares of Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, July 22nd. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $40.00.

Criteo Profile

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.