Robeco Institutional Asset Management B.V. Purchases 176,715 Shares of Criteo S.A. $CRTO

Robeco Institutional Asset Management B.V. grew its position in Criteo S.A. (NASDAQ:CRTO) by 457.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 215,309 shares of the information services provider’s stock after buying an additional 176,715 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.37% of Criteo worth $4,866,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in CRTO. Neuberger Berman Group LLC raised its stake in shares of Criteo by 6.9% in the second quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider’s stock worth $156,766,000 after purchasing an additional 419,808 shares during the last quarter. Black Creek Investment Management Inc. lifted its stake in shares of Criteo by 60.5% in the 2nd quarter. Black Creek Investment Management Inc. now owns 51,733 shares of the information services provider’s stock worth $1,240,000 after purchasing an additional 19,500 shares during the period. SG Americas Securities LLC purchased a new position in shares of Criteo during the 2nd quarter worth $725,000. Jump Financial LLC purchased a new position in Criteo during the second quarter valued at $4,377,000. Finally, Campbell & CO Investment Adviser LLC purchased a new position in shares of Criteo during the 2nd quarter valued at about $220,000. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CRTO. BMO Capital Markets reaffirmed an “outperform” rating and set a $40.00 price target on shares of Criteo in a report on Thursday, October 30th. DA Davidson set a $38.00 target price on shares of Criteo in a research note on Thursday, October 30th. Weiss Ratings downgraded shares of Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 24th. Zacks Research cut Criteo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Finally, Benchmark dropped 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. Five equities research analysts have rated the stock with a Buy rating, four have issued 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 price target of $38.33.

Insider Transactions at Criteo

In other news, insider Ryan Damon sold 3,222 shares of Criteo stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $21.04, for a total value of $67,790.88. Following the completion of the transaction, the insider owned 114,286 shares in the company, valued at approximately $2,404,577.44. The trade was a 2.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sarah Js Glickman sold 3,982 shares of Criteo stock in a transaction on Monday, November 24th. The stock was sold at an average price of $19.51, for a total transaction of $77,688.82. Following the transaction, the chief financial officer directly owned 353,227 shares of the company’s stock, valued at $6,891,458.77. The trade was a 1.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders acquired 11,702 shares of company stock worth $259,573 and sold 10,598 shares worth $211,697. 1.66% of the stock is currently owned by insiders.

Criteo Stock Up 1.0%

CRTO opened at $20.67 on Friday. The company has a market capitalization of $1.09 billion, a PE ratio of 6.94 and a beta of 0.51. The firm has a 50-day simple moving average of $20.55 and a two-hundred day simple moving average of $22.04. Criteo S.A. has a 52 week low of $19.00 and a 52 week high of $47.26.

Criteo Company Profile

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.