Criteo S.A. $CRTO Shares Sold by Voya Investment Management LLC

Key Points

• Voya Investment Management LLC reduced its holdings in Criteo S.A. by 8.8%, selling 269,175 shares, and currently owns approximately 4.83% of the company, valued at $99.03 million.
• Criteo reported $0.92 earnings per share (EPS) for the last quarter, beating analyst estimates, with revenue reaching $292 million, a year-over-year increase of 2.5%.
• Analyst price targets for Criteo have been adjusted downward, with current consensus rating as "Hold" and an average price target of $40.00.

Voya Investment Management LLC trimmed its holdings in shares of Criteo S.A. (NASDAQ:CRTO - Free Report) by 8.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,796,637 shares of the information services provider's stock after selling 269,175 shares during the period. Voya Investment Management LLC owned about 4.83% of Criteo worth $99,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. TD Private Client Wealth LLC grew its holdings in Criteo by 21.4% during the 1st 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 lifted its position in shares of Criteo by 5.9% during the first quarter. Natixis Advisors LLC now owns 12,070 shares of the information services provider's stock valued at $427,000 after buying an additional 672 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of 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 buying an additional 971 shares during the last quarter. Vega Investment Solutions purchased a new stake in shares of Criteo during the fourth quarter valued at about $41,000. Finally, Jones Financial Companies Lllp lifted its position in shares of 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 buying an additional 1,184 shares during the last quarter. 94.27% of the stock is currently owned by 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 shares were sold at an average price of $22.85, for a total value of $64,939.70. Following the transaction, the insider owned 152,122 shares in the company, valued at approximately $3,475,987.70. This represents a 1.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.66% of the company's stock.

Criteo Stock Down 1.2%

Shares of Criteo stock traded down $0.27 during midday trading on Thursday, hitting $22.17. The company had a trading volume of 155,489 shares, compared to its average volume of 430,536. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 9.28 and a beta of 0.47. The company has a fifty day simple moving average of $23.50 and a 200 day simple moving average of $27.55. Criteo S.A. has a 12-month low of $21.44 and a 12-month high of $47.26.

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, 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 during the quarter, compared to analyst estimates of $274.62 million. During the same period last year, the firm posted $1.08 EPS. Criteo's revenue was up 2.5% on a year-over-year basis. Criteo has set its Q3 2025 guidance at EPS. As a group, analysts expect that Criteo S.A. will post 3.09 EPS for the current year.

Analyst Ratings Changes

CRTO has been the subject of several analyst reports. Stifel Nicolaus decreased their price target on shares of Criteo from $42.00 to $41.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. DA Davidson decreased their price target on shares of Criteo from $42.00 to $38.00 and set a "buy" rating for the company in a research report on Thursday, July 31st. Benchmark decreased their price target on shares of Criteo from $46.00 to $42.00 and set a "buy" rating for the company in a research report on Tuesday, July 22nd. BMO Capital Markets increased their price target on shares of Criteo from $49.00 to $51.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company decreased their price target on shares of Criteo from $54.00 to $40.00 and set an "overweight" rating for the company in a research report on Tuesday, July 29th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $40.00.

About Criteo

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.