Insider Buying: Criteo (NASDAQ:CRTO) Director Acquires $107,600.00 in Stock

Criteo S.A. (NASDAQ:CRTO) Director Der Kooi Frederik Van acquired 5,000 shares of the stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $21.52 per share, for a total transaction of $107,600.00. Following the acquisition, the director owned 21,600 shares in the company, valued at $464,832. The trade was a 30.12% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Der Kooi Frederik Van also recently made the following trade(s):

• On Monday, November 3rd, Der Kooi Frederik Van bought 2,299 shares of Criteo stock. The shares were bought at an average cost of $22.61 per share, with a total value of $51,980.39.

Criteo Stock Down 3.6%

Shares of CRTO stock opened at $20.77 on Friday. Criteo S.A. has a 12 month low of $19.50 and a 12 month high of $47.26. The company has a market cap of $1.09 billion, a PE ratio of 6.97 and a beta of 0.56. The business’s 50 day moving average is $21.64 and its two-hundred day moving average is $23.97.

Criteo (NASDAQ:CRTO) last posted its quarterly earnings data on Wednesday, October 29th. The information services provider reported $1.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.42. The business had revenue of $469.66 million during the quarter, compared to the consensus estimate of $281.70 million. Criteo had a net margin of 8.67% and a return on equity of 19.54%. Criteo’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.96 EPS. Criteo has set its Q4 2025 guidance at EPS. As a group, equities analysts expect that Criteo S.A. will post 3.09 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CRTO. Envestnet Asset Management Inc. grew its stake in shares of Criteo by 10.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 102,453 shares of the information services provider’s stock valued at $3,628,000 after purchasing an additional 9,382 shares during the period. Invesco Ltd. boosted its stake in Criteo by 14.1% in the 1st quarter. Invesco Ltd. now owns 15,219 shares of the information services provider’s stock valued at $539,000 after buying an additional 1,875 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Criteo by 21.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 86,498 shares of the information services provider’s stock valued at $3,063,000 after acquiring an additional 15,537 shares during the period. Cubist Systematic Strategies LLC raised its stake in Criteo by 245.3% during the first quarter. Cubist Systematic Strategies LLC now owns 100,404 shares of the information services provider’s stock worth $3,555,000 after acquiring an additional 71,327 shares in the last quarter. Finally, Seizert Capital Partners LLC lifted its holdings in shares of Criteo by 19.6% during the first quarter. Seizert Capital Partners LLC now owns 120,911 shares of the information services provider’s stock valued at $4,281,000 after acquiring an additional 19,776 shares during the period. 94.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CRTO shares. DA Davidson set a $38.00 price objective on Criteo in a research note on Thursday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $40.00 price target on shares of Criteo in a research report on Thursday, October 30th. Wells Fargo & Company cut their price target on Criteo from $54.00 to $40.00 and set an “overweight” rating for the company in a report on Tuesday, July 29th. Stifel Nicolaus dropped their target price on shares of Criteo from $42.00 to $41.00 and set a “buy” rating on the stock in a research report on Tuesday, July 22nd. Finally, Zacks Research upgraded shares of Criteo from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Criteo has a consensus rating of “Hold” and a consensus price target of $38.33.

About Criteo

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.