Criteo S.A. $CRTO Shares Sold by Acadian Asset Management LLC

Acadian Asset Management LLC lowered its stake in shares of Criteo S.A. (NASDAQ:CRTO) by 0.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,135,096 shares of the information services provider’s stock after selling 11,757 shares during the period. Acadian Asset Management LLC owned about 3.69% of Criteo worth $75,574,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. TD Private Client Wealth LLC raised its holdings in shares of Criteo by 21.4% in the 1st quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider’s stock valued at $85,000 after purchasing an additional 426 shares in the last quarter. Natixis Advisors LLC raised its position in Criteo by 5.9% during the first quarter. Natixis Advisors LLC now owns 12,070 shares of the information services provider’s stock worth $427,000 after acquiring an additional 672 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Criteo by 17.5% in the fourth quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider’s stock valued at $258,000 after buying an additional 971 shares during the last quarter. Vega Investment Solutions acquired a new position in Criteo during the fourth quarter worth approximately $41,000. Finally, Jones Financial Companies Lllp grew its stake in Criteo by 1,376.7% during 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 period. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CRTO shares. Wells Fargo & Company dropped their target price on shares of Criteo from $54.00 to $40.00 and set an “overweight” rating on the stock in a report on Tuesday, July 29th. BMO Capital Markets raised their price target on shares of Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. DA Davidson cut their price objective on shares of Criteo from $42.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, July 31st. Benchmark dropped their price target on shares of Criteo from $46.00 to $42.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Finally, Stifel Nicolaus decreased their price target on shares of Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research note on Tuesday, July 22nd. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Criteo has an average rating of “Hold” and a consensus target price of $40.00.

Criteo Trading Up 1.8%

Shares of CRTO opened at $23.54 on Wednesday. The stock has a 50 day simple moving average of $23.80 and a 200-day simple moving average of $28.19. Criteo S.A. has a 1 year low of $22.43 and a 1 year high of $47.26. The stock has a market cap of $1.36 billion, a PE ratio of 9.91 and a beta of 0.47.

Criteo (NASDAQ:CRTO) last released its earnings results on Wednesday, July 30th. The information services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.70 by $0.22. The company had revenue of $292.00 million during the quarter, compared to analysts’ expectations of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%.The business’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the firm earned $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Insider Buying and Selling at Criteo

In other news, insider Brian Gleason sold 2,842 shares of Criteo stock in a transaction dated Monday, July 28th. The stock was sold at an average price of $22.85, for a total transaction of $64,939.70. Following the transaction, the insider owned 152,122 shares in the company, valued at $3,475,987.70. The trade was a 1.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.66% of the stock is owned by company insiders.

Criteo 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.