Criteo S.A. $CRTO Shares Acquired by CW Advisors LLC

Key Points

• CW Advisors LLC increased its stake in Criteo S.A. by 38.6%, owning 180,976 shares valued at approximately $6.4 million by the end of the first quarter.
• Multiple hedge funds, including Neuberger Berman and ANTIPODES PARTNERS, have also added to their positions in Criteo, reflecting overall strong institutional interest with 94.27% of the stock owned by institutional investors.
• Despite positive earnings, with a reported EPS of $0.92 exceeding estimates, several analysts have lowered their price targets for Criteo, indicating a cautious outlook on the stock.

CW Advisors LLC increased its holdings in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 38.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 180,976 shares of the information services provider's stock after buying an additional 50,378 shares during the quarter. CW Advisors LLC owned 0.34% of Criteo worth $6,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CRTO. Cadian Capital Management LP grew its stake in Criteo by 38.2% during the 4th quarter. Cadian Capital Management LP now owns 2,584,333 shares of the information services provider's stock worth $102,236,000 after buying an additional 713,785 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its stake in Criteo by 45.9% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 1,451,188 shares of the information services provider's stock valued at $51,391,000 after purchasing an additional 456,633 shares during the last quarter. Two Sigma Advisers LP grew its stake in Criteo by 102.7% during the 4th quarter. Two Sigma Advisers LP now owns 564,000 shares of the information services provider's stock valued at $22,312,000 after purchasing an additional 285,800 shares during the last quarter. Congress Asset Management Co. grew its stake in Criteo by 25.4% during the 1st quarter. Congress Asset Management Co. now owns 1,410,564 shares of the information services provider's stock valued at $49,948,000 after purchasing an additional 285,285 shares during the last quarter. Finally, Intrinsic Edge Capital Management LLC purchased a new stake in Criteo during the 4th quarter valued at about $9,211,000. 94.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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 value of $64,939.70. Following the completion of the transaction, the insider directly owned 152,122 shares in the company, valued at approximately $3,475,987.70. This represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.66% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Susquehanna dropped their price target on Criteo from $50.00 to $38.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. JPMorgan Chase & Co. lowered their target price on Criteo from $39.00 to $27.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. BMO Capital Markets upped their target price on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Stifel Nicolaus lowered 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 lowered their target price on 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 issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Criteo currently has an average rating of "Hold" and an average target price of $40.00.

Criteo Stock Performance

Shares of CRTO stock traded up $0.46 during trading hours on Wednesday, reaching $24.76. The company had a trading volume of 231,225 shares, compared to its average volume of 442,113. The stock has a fifty day moving average of $23.81 and a 200-day moving average of $29.57. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 10.36 and a beta of 0.43. Criteo S.A. has a 12-month low of $22.43 and a 12-month high of $47.88.

Criteo (NASDAQ:CRTO - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.22. The company 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 firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the prior year, the business posted $1.08 earnings per share. Criteo has set its Q3 2025 guidance at EPS. On average, analysts forecast that Criteo S.A. will post 3.09 EPS for the current year.

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.