OMERS ADMINISTRATION Corp Purchases New Position in Criteo S.A. $CRTO

Key Points

• OMERS ADMINISTRATION Corp acquired a new stake in Criteo S.A., purchasing 13,000 shares valued at approximately $460,000 during the first quarter.
• Criteo's stock is currently down 5.3%, with a market cap of $1.36 billion and a P/E ratio of 9.84.
• Analyst ratings for Criteo vary, with five analysts giving a "Buy" rating and others underlining a consensus target price of $40.00.

OMERS ADMINISTRATION Corp acquired a new position in Criteo S.A. (NASDAQ:CRTO - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,000 shares of the information services provider's stock, valued at approximately $460,000.

A number of other institutional investors have also recently made changes to their positions in CRTO. Wells Fargo & Company MN boosted its position in shares of Criteo by 53.2% in the 4th 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 in the last quarter. Barclays PLC boosted its position in shares of Criteo by 81.8% in the 4th quarter. Barclays PLC now owns 11,247 shares of the information services provider's stock worth $445,000 after purchasing an additional 5,061 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Criteo by 9.3% in the 4th quarter. Stifel Financial Corp now owns 22,722 shares of the information services provider's stock worth $899,000 after purchasing an additional 1,936 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of Criteo by 17.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 6,520 shares of the information services provider's stock worth $258,000 after purchasing an additional 971 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Criteo by 94.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,351 shares of the information services provider's stock worth $1,082,000 after purchasing an additional 13,291 shares in the last quarter. Institutional investors and hedge funds own 94.27% of the company's stock.

Criteo Stock Down 0.3%

Shares of CRTO stock traded down $0.07 on Friday, hitting $23.33. The company had a trading volume of 208,668 shares, compared to its average volume of 296,623. The firm has a market cap of $1.35 billion, a P/E ratio of 9.76 and a beta of 0.47. The company has a 50-day moving average price of $23.83 and a 200-day moving average price of $28.46. Criteo S.A. has a twelve month low of $22.43 and a twelve month high of $47.26.

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 (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.22. The business had revenue of $292.00 million during the quarter, compared to analysts' expectations of $274.62 million. Criteo had a return on equity of 16.91% and a net margin of 7.10%.The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.08 EPS. Criteo has set its Q3 2025 guidance at EPS. Equities research analysts expect that Criteo S.A. will post 3.09 EPS for the current year.

Insider Activity

In other news, insider Brian Gleason sold 2,842 shares of the business's stock in a transaction dated 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 owned 152,122 shares of the company's stock, valued at $3,475,987.70. The trade was a 1.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.66% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have commented on the company. Benchmark lowered their price target on Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. Stifel Nicolaus lowered their price target on Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. BMO Capital Markets lifted their price target on Criteo from $49.00 to $51.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. DA Davidson lowered their price target on Criteo from $42.00 to $38.00 and set a "buy" rating for the company in a research report on Thursday, July 31st. Finally, Wells Fargo & Company lowered their price target on Criteo from $54.00 to $40.00 and set an "overweight" rating for the company 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 given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $40.00.

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.