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

Criteo S.A. (NASDAQ:CRTO) has been given a consensus rating of “Hold” by the eleven brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $38.3333.

Several research firms have issued reports on CRTO. BMO Capital Markets restated an “outperform” rating and set a $40.00 price target on shares of Criteo in a research report on Thursday, October 30th. Benchmark dropped their target price on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, October 28th. Weiss Ratings lowered Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. Zacks Research downgraded Criteo from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Finally, DA Davidson set a $38.00 price objective on Criteo in a research note on Thursday, October 30th.

Insider Activity

In other Criteo news, Director Der Kooi Frederik Van bought 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The shares were bought at an average cost of $21.52 per share, with a total value of $107,600.00. Following the completion of the purchase, the director directly owned 21,600 shares of the company’s stock, valued at $464,832. This trade represents a 30.12% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sarah Js Glickman sold 3,982 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $19.51, for a total value of $77,688.82. Following the transaction, the chief financial officer owned 353,227 shares in the company, valued at approximately $6,891,458.77. This represents a 1.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have bought 11,702 shares of company stock worth $259,573 and have sold 10,598 shares worth $211,697. 1.66% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Criteo

Large investors have recently made changes to their positions in the business. TD Private Client Wealth LLC increased its stake in shares of Criteo by 21.2% during the third quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider’s stock valued at $66,000 after buying an additional 511 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in Criteo by 1.7% in 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 acquiring an additional 655 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in Criteo by 6.0% during the 2nd 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 period. Assetmark Inc. raised its holdings in Criteo by 12.0% in the 2nd quarter. Assetmark Inc. now owns 7,317 shares of the information services provider’s stock worth $175,000 after purchasing an additional 785 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Criteo by 125.2% in the 3rd quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock worth $40,000 after purchasing an additional 980 shares during the period. 94.27% of the stock is currently owned by institutional investors.

Criteo Stock Performance

Shares of Criteo stock opened at $20.04 on Friday. Criteo has a 52-week low of $19.00 and a 52-week high of $47.26. The company has a fifty day moving average of $20.66 and a 200-day moving average of $22.16. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 6.72 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.