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

Shares of Criteo S.A. (NASDAQ:CRTOGet Free Report) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $27.9444.

A number of brokerages recently issued reports on CRTO. Stifel Nicolaus lowered their price target on Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a report on Monday, April 13th. Weiss Ratings restated a “sell (d+)” rating on shares of Criteo in a report on Monday, April 20th. Sanford C. Bernstein set a $43.00 target price on Criteo in a report on Thursday, February 12th. Morgan Stanley dropped their price target on Criteo from $33.00 to $29.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 13th. 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 report on Wednesday, May 6th.

Get Our Latest Research Report on Criteo

Insider Transactions at Criteo

In other Criteo news, Director Der Kooi Frederik Van acquired 5,000 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were bought at an average cost of $17.81 per share, with a total value of $89,050.00. Following the completion of the acquisition, the director directly owned 26,600 shares in the company, valued at $473,746. This represents a 23.15% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sarah Js Glickman sold 2,465 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total transaction of $42,052.90. Following the completion of the transaction, the chief financial officer directly owned 431,879 shares of the company’s stock, valued at $7,367,855.74. This trade represents a 0.57% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 1.52% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. WealthCollab LLC boosted its position in Criteo by 147.5% during the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock valued at $25,000 after purchasing an additional 817 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in shares of Criteo by 185.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock valued at $30,000 after buying an additional 940 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Criteo in the 2nd quarter valued at about $30,000. Jones Financial Companies Lllp grew its position in shares of Criteo by 1,376.7% in the 1st 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 last quarter. Finally, Parallel Advisors LLC grew its position in shares of Criteo by 142.3% in the 3rd quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock worth $47,000 after buying an additional 1,222 shares during the last quarter. 94.27% of the stock is owned by institutional investors.

Criteo Trading Up 2.2%

NASDAQ CRTO opened at $17.58 on Wednesday. The stock has a market cap of $876.54 million, a PE ratio of 8.20 and a beta of 0.32. Criteo has a 12 month low of $15.57 and a 12 month high of $26.98. The company’s 50-day moving average price is $17.96 and its 200-day moving average price is $18.81.

Criteo (NASDAQ:CRTOGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The information services provider reported $0.73 earnings per share for the quarter. The company had revenue of $424.64 million during the quarter. Criteo had a net margin of 6.06% and a return on equity of 14.98%. As a group, sell-side analysts forecast that Criteo will post 3.12 earnings per share for the current year.

About Criteo

(Get Free Report)

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.

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Analyst Recommendations for Criteo (NASDAQ:CRTO)

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