Criteo S.A. $CRTO Shares Sold by US Bancorp DE

US Bancorp DE trimmed its position in shares of Criteo S.A. (NASDAQ:CRTOFree Report) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,529 shares of the information services provider’s stock after selling 3,076 shares during the period. US Bancorp DE owned approximately 0.15% of Criteo worth $2,145,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in CRTO. QRG Capital Management Inc. raised its position in Criteo by 8.6% in the first quarter. QRG Capital Management Inc. now owns 42,239 shares of the information services provider’s stock valued at $1,496,000 after purchasing an additional 3,346 shares during the period. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Criteo during the first quarter valued at about $524,000. Robeco Institutional Asset Management B.V. increased its position in shares of Criteo by 8.3% during the first quarter. Robeco Institutional Asset Management B.V. now owns 37,939 shares of the information services provider’s stock worth $1,343,000 after acquiring an additional 2,900 shares during the last quarter. Waterfront Wealth Inc. lifted its stake in shares of Criteo by 7.4% in the first quarter. Waterfront Wealth Inc. now owns 52,781 shares of the information services provider’s stock worth $1,869,000 after acquiring an additional 3,620 shares in the last quarter. Finally, VELA Investment Management LLC boosted its holdings in Criteo by 20.2% in the first quarter. VELA Investment Management LLC now owns 188,744 shares of the information services provider’s stock valued at $6,683,000 after purchasing an additional 31,758 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Criteo

In related 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 owned 152,122 shares in the company, valued at $3,475,987.70. This trade represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.66% of the stock is owned by corporate insiders.

Criteo Trading Up 0.9%

CRTO opened at $20.24 on Thursday. The business’s 50 day moving average is $22.71 and its 200-day moving average is $25.50. The stock has a market cap of $1.17 billion, a PE ratio of 8.47 and a beta of 0.42. Criteo S.A. has a twelve month low of $19.50 and a twelve month high of $47.26.

Criteo (NASDAQ:CRTOGet Free Report) last released its quarterly earnings results 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 company had revenue of $292.00 million for the quarter, compared to analysts’ expectations of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%.The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.08 earnings per share. Criteo has set its Q3 2025 guidance at EPS. As a group, analysts forecast that Criteo S.A. will post 3.09 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. BMO Capital Markets raised their price objective on Criteo from $49.00 to $51.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Stifel Nicolaus decreased their price target 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 target on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a research note on Thursday, July 31st. Wells Fargo & Company decreased their price target on Criteo from $54.00 to $40.00 and set an “overweight” rating for the company in a research note on Tuesday, July 29th. Finally, Benchmark cut their target price on shares of Criteo from $46.00 to $42.00 and set a “buy” rating on the stock in a report on Tuesday, July 22nd. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Criteo has an average rating of “Hold” and an average target price of $40.00.

View Our Latest Stock Analysis on CRTO

About Criteo

(Free Report)

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.

Read More

Want to see what other hedge funds are holding CRTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Criteo S.A. (NASDAQ:CRTOFree Report).

Institutional Ownership by Quarter for Criteo (NASDAQ:CRTO)

Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.