Acadian Asset Management LLC grew its holdings in shares of Criteo S.A. (NASDAQ:CRTO – Free Report) by 0.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,139,272 shares of the information services provider’s stock after purchasing an additional 4,176 shares during the quarter. Acadian Asset Management LLC owned approximately 4.03% of Criteo worth $51,227,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also recently made changes to their positions in CRTO. Jones Financial Companies Lllp boosted its holdings in shares of Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock worth $45,000 after buying an additional 1,184 shares during the last quarter. Blue Trust Inc. raised its position in Criteo by 81.2% in the second quarter. Blue Trust Inc. now owns 2,878 shares of the information services provider’s stock worth $69,000 after acquiring an additional 1,290 shares during the period. TD Private Client Wealth LLC boosted 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 acquiring an additional 426 shares during the last quarter. Assetmark Inc. grew its position in shares of Criteo by 12.0% during the 2nd quarter. Assetmark Inc. now owns 7,317 shares of the information services provider’s stock valued at $175,000 after acquiring an additional 785 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Criteo during the 2nd quarter valued at $220,000. Institutional investors own 94.27% of the company’s stock.
Wall Street Analyst Weigh In
CRTO has been the topic of a number of recent research reports. Weiss Ratings cut Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 24th. Zacks Research raised Criteo from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. Stifel Nicolaus lowered their price objective on Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Benchmark cut their price objective on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a research note on Tuesday, October 28th. Finally, BMO Capital Markets restated an “outperform” rating and set a $40.00 target price on shares of Criteo in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Criteo currently has a consensus rating of “Hold” and a consensus target price of $38.33.
Insider Buying and Selling
In other Criteo news, Director Ernst 02494 Teunissen purchased 4,403 shares of Criteo stock in a transaction that occurred on Monday, November 3rd. The shares were bought at an average price of $22.71 per share, for a total transaction of $99,992.13. Following the completion of the transaction, the director owned 12,468 shares of the company’s stock, valued at approximately $283,148.28. This trade represents a 54.59% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Der Kooi Frederik Van acquired 2,299 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was acquired at an average cost of $22.61 per share, with a total value of $51,980.39. Following the completion of the purchase, the director directly owned 16,600 shares in the company, valued at approximately $375,326. This represents a 16.08% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.66% of the company’s stock.
Criteo Stock Performance
Shares of NASDAQ CRTO opened at $21.42 on Monday. The company has a market cap of $1.13 billion, a P/E ratio of 7.19 and a beta of 0.56. Criteo S.A. has a 52-week low of $19.50 and a 52-week high of $47.26. The firm’s fifty day moving average is $21.80 and its two-hundred day moving average is $24.26.
Criteo (NASDAQ:CRTO – Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The information services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $0.89 by $0.42. The business had revenue of $469.66 million during the quarter, compared to the consensus estimate of $281.70 million. Criteo had a net margin of 8.67% and a return on equity of 19.54%. The business’s revenue was up 8.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS. Criteo has set its Q4 2025 guidance at EPS. As a group, analysts forecast that Criteo S.A. will post 3.09 EPS for the current fiscal year.
Criteo Company 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.
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