Michael Komasinski Sells 15,559 Shares of Criteo (NASDAQ:CRTO) Stock

Criteo S.A. (NASDAQ:CRTOGet Free Report) CEO Michael Komasinski sold 15,559 shares of the business’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $17.23, for a total value of $268,081.57. Following the transaction, the chief executive officer directly owned 345,547 shares of the company’s stock, valued at $5,953,774.81. This represents a 4.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Criteo Stock Up 4.6%

Shares of CRTO stock opened at $18.38 on Friday. Criteo S.A. has a 12 month low of $15.57 and a 12 month high of $25.29. The firm has a market cap of $900.62 million, a PE ratio of 9.33 and a beta of 0.29. The stock has a 50 day moving average of $19.70 and a 200-day moving average of $18.76.

Criteo (NASDAQ:CRTOGet Free Report) last announced its earnings results on Wednesday, August 5th. The information services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $263.40 million. During the same quarter in the previous year, the firm posted $0.92 earnings per share. Criteo’s revenue was down 11.3% compared to the same quarter last year. As a group, equities analysts predict that Criteo S.A. will post 3.18 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company reissued an “equal weight” rating and set a $18.00 target price (down from $34.00) on shares of Criteo in a research report on Wednesday, May 6th. BMO Capital Markets set a $20.00 price objective on Criteo in a research report on Thursday. DA Davidson reissued a “buy” rating and set a $24.00 price objective on shares of Criteo in a report on Tuesday, July 7th. Stifel Nicolaus lowered their price objective on Criteo from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Finally, Sanford C. Bernstein lowered Criteo from an “outperform” rating to a “market perform” rating and cut their target price for the company from $35.00 to $20.50 in a research note on Thursday. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $23.15.

Check Out Our Latest Research Report on CRTO

Key Stories Impacting Criteo

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

Institutional Trading of Criteo

Several institutional investors have recently bought and sold shares of CRTO. WealthCollab LLC raised its stake in Criteo by 147.5% during the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock worth $25,000 after acquiring an additional 817 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Criteo by 185.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 940 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Criteo in the 2nd quarter worth about $30,000. Jones Financial Companies Lllp grew its holdings 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 purchasing an additional 1,184 shares during the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Criteo by 142.3% during the 3rd quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock worth $47,000 after purchasing an additional 1,222 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

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.

Read More

Insider Buying and Selling by Quarter for Criteo (NASDAQ:CRTO)

Receive News & Ratings for Criteo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Criteo and related companies with MarketBeat.com's FREE daily email newsletter.