Criteo S.A. (NASDAQ:CRTO) Receives Average Rating of “Hold” from Brokerages

Criteo S.A. (NASDAQ:CRTO) has earned an average rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $38.1111.

A number of brokerages have recently commented on CRTO. DA Davidson set a $38.00 target price on Criteo in a report on Thursday, October 30th. Morgan Stanley dropped their price objective on shares of Criteo from $36.00 to $34.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Zacks Research cut shares of Criteo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Benchmark reduced their target price on shares of Criteo from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Tuesday, October 28th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $40.00 price target on shares of Criteo in a research note on Thursday, October 30th.

Insiders Place Their Bets

In other Criteo news, Director Der Kooi Frederik Van bought 5,000 shares of Criteo stock in a transaction on Monday, November 10th. The shares were acquired at an average price of $21.52 per share, for a total transaction of $107,600.00. Following the completion of the purchase, the director directly owned 21,600 shares in the company, valued at approximately $464,832. This trade represents a 30.12% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sarah Js Glickman sold 3,982 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $19.51, for a total transaction of $77,688.82. Following the sale, the chief financial officer directly owned 353,227 shares of the company’s stock, valued at $6,891,458.77. This represents 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 three months, insiders have bought 11,702 shares of company stock valued at $259,573 and have sold 10,598 shares valued at $211,697. 1.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Criteo

A number of hedge funds and other institutional investors have recently modified their holdings of CRTO. TD Private Client Wealth LLC boosted its position in Criteo by 21.2% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider’s stock valued at $66,000 after acquiring an additional 511 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Criteo by 7.6% during the 4th quarter. Assetmark Inc. now owns 8,923 shares of the information services provider’s stock worth $184,000 after purchasing an additional 629 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Criteo by 1.7% during the second quarter. Robeco Institutional Asset Management B.V. now owns 38,594 shares of the information services provider’s stock valued at $925,000 after purchasing an additional 655 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in Criteo by 6.0% in the second quarter. TD Waterhouse Canada Inc. now owns 13,683 shares of the information services provider’s stock valued at $332,000 after purchasing an additional 780 shares during the last quarter. Finally, Covestor Ltd raised its holdings in Criteo by 125.2% in the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock worth $40,000 after purchasing an additional 980 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors.

Criteo Trading Down 1.9%

CRTO opened at $19.71 on Thursday. The stock has a 50-day moving average of $20.18 and a 200 day moving average of $21.66. Criteo has a 12 month low of $19.00 and a 12 month high of $47.26. The firm has a market cap of $1.01 billion, a P/E ratio of 6.61 and a beta of 0.51.

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.