Criteo S.A. (NASDAQ:CRTO) Given Consensus Rating of “Hold” by Analysts

Shares of Criteo S.A. (NASDAQ:CRTO) have earned a consensus rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $30.55.

A number of equities analysts have weighed in on CRTO shares. Stifel Nicolaus set a $30.00 target price on Criteo in a research report on Thursday, February 12th. Sanford C. Bernstein set a $43.00 target price on shares of Criteo in a research report on Thursday, February 12th. Morgan Stanley set a $33.00 price target on Criteo in a report on Thursday, February 12th. Benchmark reduced their price objective on Criteo from $38.00 to $30.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Finally, DA Davidson set a $28.50 target price on Criteo in a research report on Thursday, February 12th.

Insider Transactions at Criteo

In related news, insider Ryan Damon sold 3,222 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $21.04, for a total transaction of $67,790.88. Following the completion of the sale, the insider directly owned 114,286 shares in the company, valued at approximately $2,404,577.44. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.66% of the company’s stock.

Institutional Investors Weigh In On Criteo

Hedge funds and other institutional investors have recently modified their holdings of the stock. Invesco Ltd. grew its stake in shares of Criteo by 27.5% during the 4th quarter. Invesco Ltd. now owns 25,832 shares of the information services provider’s stock valued at $532,000 after acquiring an additional 5,568 shares during the period. Vident Advisory LLC raised its holdings in Criteo by 34.3% during the fourth quarter. Vident Advisory LLC now owns 12,907 shares of the information services provider’s stock valued at $266,000 after acquiring an additional 3,294 shares during the period. Pillsbury Lake Capital LLC purchased a new position in shares of Criteo in the fourth quarter valued at about $9,486,000. XTX Topco Ltd bought a new position in shares of Criteo in the fourth quarter worth about $2,212,000. Finally, Susquehanna Portfolio Strategies LLC grew its position in shares of Criteo by 24.6% during the fourth quarter. Susquehanna Portfolio Strategies LLC now owns 107,900 shares of the information services provider’s stock worth $2,224,000 after purchasing an additional 21,275 shares in the last quarter. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Criteo Stock Down 0.7%

Shares of NASDAQ CRTO opened at $17.87 on Monday. The firm has a market cap of $914.09 million, a P/E ratio of 6.74 and a beta of 0.49. Criteo has a twelve month low of $16.15 and a twelve month high of $39.52. The company has a 50 day moving average of $19.37 and a 200 day moving average of $20.84.

Criteo Company Profile

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.