HighTower Advisors LLC Has $5.89 Million Holdings in Criteo S.A. $CRTO

Key Points

• HighTower Advisors LLC reduced its holdings in Criteo S.A. by 8.9%, now holding 166,292 shares valued at about $5.89 million as of their latest SEC filing.
• Analyst opinions on Criteo's stock vary, with a recent average price target of $40.00, which reflects a mix of ratings including five "Buy," three "Hold," and one "Sell."
• Criteo reported a quarterly EPS of $0.92, exceeding analysts’ expectations, with revenue of $292 million, marking a 2.5% increase year-over-year.

HighTower Advisors LLC lessened its holdings in Criteo S.A. (NASDAQ:CRTO - Free Report) by 8.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,292 shares of the information services provider's stock after selling 16,286 shares during the quarter. HighTower Advisors LLC owned 0.31% of Criteo worth $5,888,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. TD Private Client Wealth LLC raised its position 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 acquiring an additional 426 shares in the last quarter. Natixis Advisors LLC raised its position in Criteo by 5.9% during the first quarter. Natixis Advisors LLC now owns 12,070 shares of the information services provider's stock worth $427,000 after acquiring an additional 672 shares in the last quarter. The Manufacturers Life Insurance Company raised its position 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 worth $258,000 after acquiring an additional 971 shares in the last quarter. Vega Investment Solutions bought a new stake in Criteo during the fourth quarter worth $41,000. Finally, Wells Fargo & Company MN raised its position in Criteo by 53.2% during the fourth quarter. Wells Fargo & Company MN now owns 4,192 shares of the information services provider's stock worth $166,000 after acquiring an additional 1,455 shares in the last quarter. Institutional investors own 94.27% of the company's stock.

Criteo Trading Down 1.6%

Shares of NASDAQ:CRTO traded down $0.38 on Monday, hitting $23.81. The company had a trading volume of 247,118 shares, compared to its average volume of 495,724. Criteo S.A. has a 1-year low of $22.43 and a 1-year high of $49.93. The stock has a market cap of $1.38 billion, a price-to-earnings ratio of 9.96 and a beta of 0.43. The stock has a 50 day moving average price of $23.79 and a 200 day moving average price of $29.60.

Criteo (NASDAQ:CRTO - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The information services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.70 by $0.22. Criteo had a net margin of 7.10% and a return on equity of 16.91%. The firm had revenue of $292.00 million for the quarter, compared to the consensus estimate of $274.62 million. During the same period in the previous year, the company earned $1.08 earnings per share. The company's quarterly revenue was up 2.5% on a year-over-year basis. Criteo has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Criteo S.A. will post 3.09 earnings per share for the current fiscal year.

Insider Activity at Criteo

In related news, insider Ryan Damon sold 1,263 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $26.12, for a total value of $32,989.56. Following the transaction, the insider directly owned 130,739 shares in the company, valued at approximately $3,414,902.68. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Sarah Js Glickman sold 1,520 shares of the company's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $26.12, for a total transaction of $39,702.40. Following the completion of the transaction, the chief financial officer owned 361,190 shares in the company, valued at $9,434,282.80. This trade represents a 0.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,625 shares of company stock worth $137,632. Corporate insiders own 1.66% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on CRTO shares. JPMorgan Chase & Co. dropped their price target on shares of Criteo from $39.00 to $27.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Stifel Nicolaus dropped their price target on shares of Criteo from $42.00 to $41.00 and set a "buy" rating on the stock in a research report on Tuesday, July 22nd. Benchmark dropped their price target on shares of Criteo from $46.00 to $42.00 and set a "buy" rating on the stock in a research report on Tuesday, July 22nd. Morgan Stanley dropped their price target on shares of Criteo from $40.00 to $36.00 and set an "equal weight" rating on the stock in a research report on Monday, May 5th. Finally, Wells Fargo & Company dropped their price target on shares of Criteo from $54.00 to $40.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 29th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $40.00.

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.