Charles Schwab Investment Management Inc. Has $3.06 Million Stake in Criteo S.A. $CRTO

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Criteo S.A. by 21.9% during the first quarter, owning 86,498 shares worth approximately $3 million by the end of the quarter.
• Criteo reported $0.92 EPS for the quarter, exceeding analyst expectations by $0.22, with a revenue of $292 million, up 2.5% year-over-year.
• Analyst ratings for Criteo show a consensus of "Hold" with a price target of $40.00, while recent adjustments include price target reductions by several firms.

Charles Schwab Investment Management Inc. grew its holdings in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 21.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,498 shares of the information services provider's stock after buying an additional 15,537 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.16% of Criteo worth $3,063,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Vega Investment Solutions acquired a new position in shares of Criteo in the 4th quarter worth approximately $41,000. TD Private Client Wealth LLC lifted its stake in Criteo by 21.4% during the first quarter. TD Private Client Wealth LLC now owns 2,413 shares of the information services provider's stock worth $85,000 after purchasing an additional 426 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Criteo by 53.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock worth $166,000 after purchasing an additional 1,455 shares during the period. The Manufacturers Life Insurance Company increased its stake in Criteo by 17.5% during the fourth quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock valued at $258,000 after purchasing an additional 971 shares during the last quarter. Finally, Blueshift Asset Management LLC bought a new stake in Criteo during the first quarter valued at $232,000. Institutional investors and hedge funds own 94.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on CRTO. DA Davidson dropped their price objective on shares of Criteo from $42.00 to $38.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Wells Fargo & Company cut their price target on 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 increased their price objective on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a report on Thursday, July 31st. Stifel Nicolaus cut their target price on Criteo from $42.00 to $41.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Finally, Benchmark cut their price objective on shares of Criteo from $46.00 to $42.00 and set a "buy" rating on the stock in a research note on Tuesday, July 22nd. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $40.00.

Criteo Price Performance

NASDAQ CRTO traded down $0.24 on Wednesday, hitting $23.28. 117,131 shares of the company were exchanged, compared to its average volume of 437,472. Criteo S.A. has a twelve month low of $22.43 and a twelve month high of $47.26. The firm has a market capitalization of $1.35 billion, a P/E ratio of 9.74 and a beta of 0.47. The company's 50 day moving average price is $23.87 and its 200-day moving average price is $28.89.

Criteo (NASDAQ:CRTO - Get Free Report) last announced 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. The firm had revenue of $292.00 million during the quarter, compared to analyst estimates of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%.The business's quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the company posted $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that Criteo S.A. will post 3.09 EPS for the current year.

Insider Buying and Selling

In related news, insider Brian Gleason sold 2,842 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $22.85, for a total transaction of $64,939.70. Following the sale, the insider directly owned 152,122 shares in the company, valued at $3,475,987.70. This represents a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.66% of the stock is currently owned by corporate insiders.

Criteo 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.