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

Shares of Criteo S.A. (NASDAQ:CRTO) have earned an average rating of “Hold” from the eleven analysts that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $38.1111.

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

Insider Activity at Criteo

In related news, Director Der Kooi Frederik Van bought 5,000 shares of the company’s stock in a transaction on Monday, November 10th. The shares were bought at an average price of $21.52 per share, with a total value of $107,600.00. Following the transaction, the director owned 21,600 shares in the company, valued at approximately $464,832. This trade represents a 30.12% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ernst 02494 Teunissen purchased 4,403 shares of the business’s stock in a transaction 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 purchase, the director directly owned 12,468 shares in the company, valued at $283,148.28. This represents a 54.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 11,702 shares of company stock valued at $259,573 and have sold 10,598 shares valued at $211,697. Corporate insiders own 1.66% of the company’s stock.

Hedge Funds Weigh In On Criteo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC grew its stake 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 purchasing an additional 511 shares during the last quarter. Assetmark Inc. raised its holdings in shares of Criteo by 7.6% during the fourth 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. grew its position in Criteo by 1.7% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 38,594 shares of the information services provider’s stock worth $925,000 after purchasing an additional 655 shares during the period. TD Waterhouse Canada Inc. boosted its stake in shares of Criteo by 6.0% in the second quarter. TD Waterhouse Canada Inc. now owns 13,683 shares of the information services provider’s stock worth $332,000 after buying an additional 780 shares during the last quarter. Finally, Covestor Ltd raised its position in Criteo by 125.2% during the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock valued at $40,000 after acquiring an additional 980 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Criteo Stock Down 1.9%

NASDAQ:CRTO opened at $19.71 on Thursday. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 6.61 and a beta of 0.51. Criteo has a 52 week low of $19.00 and a 52 week high of $47.26. The firm has a 50 day moving average of $20.18 and a 200 day moving average of $21.66.

About Criteo

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.