Criteo (NASDAQ:CRTO) Sets New 52-Week Low - Should You Sell?

Key Points

• Criteo S.A. reached a new 52-week low of $19.57 during trading, down from a previous close of $19.93, indicating significant downward pressure on the stock.
• Analysts have mixed ratings on Criteo, with five rating it as Buy, four as Hold, and one as Sell, resulting in an average price target of $40.00.
• Insider Brian Gleason sold 2,842 shares at $22.85, reducing his stake, which could reflect concerns over the company’s current performance and stock valuation.

Criteo S.A. (NASDAQ:CRTO - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $19.57 and last traded at $19.65, with a volume of 371188 shares traded. The stock had previously closed at $19.93.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on CRTO shares. Stifel Nicolaus reduced their price objective on shares of Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. BMO Capital Markets increased their price objective on shares of Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Weiss Ratings reissued a "hold (c-)" rating on shares of Criteo in a research note on Wednesday, October 8th. Benchmark cut their target price on shares of Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a research note on Tuesday, July 22nd. Finally, DA Davidson cut their target price on shares of Criteo from $42.00 to $38.00 and set a "buy" rating for the company in a research note on Thursday, July 31st. Five equities 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $40.00.

Criteo Stock Down 1.4%

The company has a market capitalization of $1.14 billion, a PE ratio of 8.22 and a beta of 0.42. The company's 50 day moving average is $22.86 and its two-hundred day moving average is $25.57.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 EPS for the quarter, topping analysts' consensus estimates of $0.70 by $0.22. Criteo had a net margin of 7.10% and a return on equity of 16.91%. The business had revenue of $292.00 million during the quarter, compared to analysts' expectations of $274.62 million. During the same period last year, the company posted $1.08 EPS. The business's revenue was up 2.5% on a year-over-year basis. Criteo has set its Q3 2025 guidance at EPS. Analysts forecast that Criteo S.A. will post 3.09 EPS for the current year.

Insider Activity at Criteo

In other Criteo news, insider Brian Gleason sold 2,842 shares of Criteo stock in a transaction on Monday, July 28th. The shares were sold at an average price of $22.85, for a total value of $64,939.70. Following the completion of the transaction, the insider directly owned 152,122 shares of the company's stock, valued at $3,475,987.70. This trade represents a 1.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 1.66% of the stock is owned by insiders.

Hedge Funds Weigh In On Criteo

A number of institutional investors and hedge funds have recently made changes to their positions in CRTO. Alliancebernstein L.P. lifted its holdings in shares of Criteo by 14.0% in the 1st quarter. Alliancebernstein L.P. now owns 4,329,854 shares of the information services provider's stock worth $153,320,000 after acquiring an additional 532,879 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Criteo by 45.9% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 1,451,188 shares of the information services provider's stock worth $51,391,000 after acquiring an additional 456,633 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in shares of Criteo by 6.9% in the 2nd quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider's stock worth $156,766,000 after acquiring an additional 419,808 shares during the last quarter. Clough Capital Partners L P bought a new stake in shares of Criteo in the 1st quarter worth about $12,708,000. Finally, Nierenberg Investment Management Company Inc. lifted its holdings in shares of Criteo by 101.0% in the 2nd quarter. Nierenberg Investment Management Company Inc. now owns 535,702 shares of the information services provider's stock worth $12,835,000 after acquiring an additional 269,204 shares during the last quarter. 94.27% of the stock is owned by hedge funds and other institutional investors.

Criteo Company Profile

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.

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