Ryan Damon Sells 6,178 Shares of Criteo (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 6,178 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $17.23, for a total transaction of $106,446.94. Following the completion of the transaction, the insider owned 167,765 shares of the company’s stock, valued at $2,890,590.95. This trade represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Criteo Trading Up 4.6%

Criteo stock opened at $18.38 on Friday. The firm’s 50 day simple moving average is $19.70 and its 200 day simple moving average is $18.76. The firm has a market capitalization of $900.62 million, a PE ratio of 9.33 and a beta of 0.29. Criteo S.A. has a 1-year low of $15.57 and a 1-year high of $25.29.

Criteo (NASDAQ:CRTO) last posted its earnings results on Wednesday, August 5th. The information services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.09. Criteo had a net margin of 5.60% and a return on equity of 14.33%. The business had revenue of $428.02 million for the quarter, compared to analysts’ expectations of $263.40 million. During the same period in the prior year, the company posted $0.92 EPS. The business’s revenue for the quarter was down 11.3% compared to the same quarter last year. Research analysts forecast that Criteo S.A. will post 3.18 earnings per share for the current year.

More Criteo News

Here are the key news stories impacting Criteo this week:

• Positive Sentiment: Criteo reported second-quarter adjusted earnings of $0.80 per share, exceeding the $0.71 analyst consensus. Revenue was $428.0 million, also above estimates, although it declined 11.3% year over year.
• Positive Sentiment: Management highlighted continued momentum in artificial-intelligence initiatives during its earnings call, offering a potential long-term growth catalyst despite near-term revenue pressure. Criteo Earnings Call: AI Momentum Amid Revenue Headwinds
• Positive Sentiment: The company appointed Connor McGogney as chief financial officer and canceled 4.5 million treasury shares, reducing its share capital. The cancellation could support per-share value by lowering the share count. Criteo Appoints Connor McGogney as CFO and Cancels Treasury Shares
• Positive Sentiment: Benchmark lowered its price target from $25 to $21 but maintained a “buy” rating, implying meaningful potential upside from the current trading level.
• Neutral Sentiment: Morgan Stanley cut its target from $29 to $25 and kept an “equal weight” rating. The revised target still indicates substantial upside, but the reduction reflects more cautious expectations.
• Neutral Sentiment: CEO Michael Komasinski, CFO Sarah Js Glickman and insider Ryan Damon sold shares to cover tax-withholding obligations tied to vested equity awards. The transactions reduced their holdings but were not discretionary sales based on the filings.
• Negative Sentiment: Criteo forecast 2026 contribution ex-TAC to decline 10% to 12%, assuming no recovery in spending from large clients. This weak outlook overshadowed the earnings beat and remains the primary fundamental risk. Criteo Forecasts 2026 Contribution Ex-TAC Decline

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Morgan Stanley dropped their price objective on Criteo from $29.00 to $25.00 and set an “equal weight” rating for the company in a research note on Thursday. Citigroup reaffirmed a “buy” rating on shares of Criteo in a report on Tuesday, July 7th. Stifel Nicolaus dropped their price target on Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, April 13th. BMO Capital Markets set a $20.00 price objective on Criteo in a report on Thursday. Finally, Wells Fargo & Company restated an “equal weight” rating and issued a $18.00 price objective (down from $34.00) on shares of Criteo in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $23.15.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its stake in Criteo by 61.1% in the second quarter. GAMMA Investing LLC now owns 3,465 shares of the information services provider’s stock valued at $63,000 after acquiring an additional 1,314 shares during the last quarter. Parallel Advisors LLC lifted its stake in Criteo by 357.9% during the first quarter. Parallel Advisors LLC now owns 4,126 shares of the information services provider’s stock worth $74,000 after purchasing an additional 3,225 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Criteo by 4.6% during the first quarter. Janus Henderson Group PLC now owns 1,769,644 shares of the information services provider’s stock worth $31,774,000 after purchasing an additional 77,145 shares during the last quarter. Amundi boosted its holdings in shares of Criteo by 24.2% in the 1st quarter. Amundi now owns 69,835 shares of the information services provider’s stock worth $1,252,000 after purchasing an additional 13,623 shares in the last quarter. Finally, Senvest Management LLC boosted its holdings in shares of Criteo by 4.5% in the 1st quarter. Senvest Management LLC now owns 4,597,322 shares of the information services provider’s stock worth $82,430,000 after purchasing an additional 200,000 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

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.