Insider Selling: Criteo (NASDAQ:CRTO) CFO Sells 3,982 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) CFO Sarah Js Glickman sold 3,982 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $19.51, for a total transaction of $77,688.82. Following the completion of the transaction, the chief financial officer owned 353,227 shares in the company, valued at $6,891,458.77. The trade was a 1.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Criteo Stock Down 0.6%

CRTO stock traded down $0.12 during trading on Monday, reaching $19.79. The company’s stock had a trading volume of 519,266 shares, compared to its average volume of 441,392. The company has a market capitalization of $1.04 billion, a P/E ratio of 6.64 and a beta of 0.56. The company’s fifty day moving average is $21.35 and its 200-day moving average is $23.49. Criteo S.A. has a 1 year low of $19.15 and a 1 year high of $47.26.

Criteo (NASDAQ:CRTO) last released its earnings results on Wednesday, October 29th. The information services provider reported $1.31 EPS for the quarter, topping the consensus estimate of $0.89 by $0.42. The firm had revenue of $469.66 million for 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%. The company’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 earnings per share. Criteo has set its Q4 2025 guidance at EPS. Analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Weiss Ratings cut shares of Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. Wells Fargo & Company reduced 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 restated an “outperform” rating and set a $40.00 target price on shares of Criteo in a research report on Thursday, October 30th. DA Davidson set a $38.00 price target on Criteo in a research report on Thursday, October 30th. Finally, Benchmark reduced their price objective on Criteo from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Criteo currently has an average rating of “Hold” and a consensus price target of $38.33.

Hedge Funds Weigh In On Criteo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CRTO. Envestnet Asset Management Inc. raised its position in Criteo by 10.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 102,453 shares of the information services provider’s stock worth $3,628,000 after buying an additional 9,382 shares during the last quarter. Invesco Ltd. increased its stake in shares of 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 purchasing an additional 1,875 shares in the last quarter. Black Creek Investment Management Inc. raised its stake in shares of Criteo by 60.5% during the 2nd quarter. Black Creek Investment Management Inc. now owns 51,733 shares of the information services provider’s stock worth $1,240,000 after buying an additional 19,500 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Criteo by 21.9% during 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 purchasing an additional 15,537 shares in the last quarter. Finally, Cubist Systematic Strategies LLC lifted its stake in Criteo by 245.3% in the 1st quarter. Cubist Systematic Strategies LLC now owns 100,404 shares of the information services provider’s stock valued at $3,555,000 after buying an additional 71,327 shares in the last quarter. Hedge funds and other institutional investors own 94.27% of the company’s stock.

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.