Criteo S.A. (NASDAQ:CRTO) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Criteo has a consensus analyst rating of "Hold" from 11 brokerages (1 sell, 4 hold, 6 buy) with an average 12‑month target price of $30.45.
• Shares are trading around $18.33 with a 12‑month range of $16.15–$35.10; the company has a market cap of about $914M and a low trailing PE of 6.92.
• Insider activity: director Der Kooi Frederik Van bought 5,000 shares at $17.81 (a 23.15% increase in his stake), while insiders own 1.66% of the stock and institutional investors own 94.27%.

Criteo S.A. (NASDAQ:CRTO - Get Free Report) has been assigned a consensus rating of "Hold" from the eleven brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $30.45.

A number of equities research analysts recently weighed in on CRTO shares. Morgan Stanley set a $33.00 target price on Criteo in a research report on Thursday, February 12th. BMO Capital Markets reissued an "outperform" rating and set a $35.00 target price on shares of Criteo in a research report on Thursday, February 12th. Wells Fargo & Company decreased their target price on Criteo from $40.00 to $35.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 10th. Stifel Nicolaus decreased their target price on Criteo from $30.00 to $29.00 and set a "buy" rating on the stock in a research report on Monday. Finally, Susquehanna set a $18.00 target price on Criteo in a research report on Thursday, February 12th.

Criteo Stock Up 2.9%

CRTO stock opened at $18.33 on Tuesday. Criteo has a twelve month low of $16.15 and a twelve month high of $35.10. The company has a market cap of $913.92 million, a PE ratio of 6.92 and a beta of 0.36. The business's 50-day simple moving average is $18.13 and its 200 day simple moving average is $19.73.

Insiders Place Their Bets

In related news, Director Der Kooi Frederik Van acquired 5,000 shares of the firm's stock in a transaction 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 owned 26,600 shares of the company's stock, valued at $473,746. This trade represents a 23.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.66% of the company's stock.

Institutional Investors Weigh In On Criteo

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in Criteo during the second quarter valued at approximately $30,000. Jones Financial Companies Lllp boosted its holdings in Criteo by 1,376.7% during the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider's stock valued at $45,000 after purchasing an additional 1,184 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in 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 purchasing an additional 940 shares in the last quarter. Covestor Ltd boosted its holdings in Criteo by 125.2% during the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider's stock valued at $40,000 after purchasing an additional 980 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Criteo by 142.3% during the third quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider's stock valued at $47,000 after purchasing an additional 1,222 shares in the last quarter. 94.27% of the stock is owned by institutional investors and hedge funds.

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.

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