Blue Trust Inc. Increases Position in Criteo S.A. $CRTO

Blue Trust Inc. raised its holdings in shares of Criteo S.A. (NASDAQ:CRTO) by 81.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,878 shares of the information services provider’s stock after buying an additional 1,290 shares during the period. Blue Trust Inc.’s holdings in Criteo were worth $69,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Criteo in the first quarter valued at approximately $524,000. Envestnet Asset Management Inc. boosted its holdings in shares of Criteo by 10.1% in the first quarter. Envestnet Asset Management Inc. now owns 102,453 shares of the information services provider’s stock valued at $3,628,000 after purchasing an additional 9,382 shares during the period. Invesco Ltd. boosted its holdings in shares of Criteo by 14.1% in the first quarter. Invesco Ltd. now owns 15,219 shares of the information services provider’s stock valued at $539,000 after purchasing an additional 1,875 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Criteo by 21.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 86,498 shares of the information services provider’s stock valued at $3,063,000 after purchasing an additional 15,537 shares during the period. Finally, Cubist Systematic Strategies LLC boosted its holdings in shares of Criteo by 245.3% in the first quarter. Cubist Systematic Strategies LLC now owns 100,404 shares of the information services provider’s stock valued at $3,555,000 after purchasing an additional 71,327 shares during the period. Hedge funds and other institutional investors own 94.27% of the company’s stock.

Insiders Place Their Bets

In other Criteo news, insider Brian Gleason sold 2,842 shares of the firm’s 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 completion of the transaction, the insider owned 152,122 shares of the company’s stock, valued at $3,475,987.70. This trade represents a 1.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.66% of the company’s stock.

Criteo Trading Up 1.9%

Shares of Criteo stock opened at $20.18 on Friday. The firm has a market capitalization of $1.17 billion, a PE ratio of 8.44 and a beta of 0.42. Criteo S.A. has a twelve month low of $19.50 and a twelve month high of $47.26. The firm’s 50-day moving average price is $22.56 and its 200 day moving average price is $25.29.

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

Analysts Set New Price Targets

A number of analysts have weighed in on CRTO shares. DA Davidson lowered their target price on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a report on Thursday, July 31st. Stifel Nicolaus lowered their target price on Criteo from $42.00 to $41.00 and set a “buy” rating for the company in a report on Tuesday, July 22nd. Wells Fargo & Company lowered their target price on Criteo from $54.00 to $40.00 and set an “overweight” rating for the company in a report on Tuesday, July 29th. BMO Capital Markets upped their target price on Criteo from $49.00 to $51.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Criteo in a report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price 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.