Criteo (NASDAQ:CRTO) Insider Ryan Damon Sells 6,178 Shares of Stock

Criteo S.A. (NASDAQ:CRTO) insider Ryan Damon sold 6,178 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $17.23, for a total transaction of $106,446.94. Following the sale, the insider directly owned 167,765 shares in the company, valued at approximately $2,890,590.95. The trade was a 3.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Criteo Stock Up 4.6%

CRTO opened at $18.38 on Friday. The firm has a 50 day moving average price of $19.70 and a 200-day moving average price of $18.76. Criteo S.A. has a twelve month low of $15.57 and a twelve month high of $25.29. The stock has a market capitalization of $923.50 million, a price-to-earnings ratio of 9.33 and a beta of 0.29.

Criteo (NASDAQ:CRTO) last issued its quarterly earnings data on Wednesday, August 5th. The information services provider reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.09. Criteo had a net margin of 5.60% and a return on equity of 14.33%. The company had revenue of $428.02 million for the quarter, compared to the consensus estimate of $263.40 million. During the same quarter in the prior year, the firm earned $0.92 earnings per share. The firm’s revenue for the quarter was down 11.3% compared to the same quarter last year. As a group, analysts expect that Criteo S.A. will post 3.18 earnings per share for the current year.

Key Stories Impacting Criteo

Here are the key news stories impacting Criteo this week:

• Positive Sentiment: Criteo reported second-quarter adjusted earnings of $0.80 per share, exceeding the $0.71 analyst consensus. Revenue was $428.0 million, also above estimates, although it declined 11.3% year over year.
• Positive Sentiment: Management highlighted continued momentum in artificial-intelligence initiatives during its earnings call, offering a potential long-term growth catalyst despite near-term revenue pressure. Criteo Earnings Call: AI Momentum Amid Revenue Headwinds
• Positive Sentiment: The company appointed Connor McGogney as chief financial officer and canceled 4.5 million treasury shares, reducing its share capital. The cancellation could support per-share value by lowering the share count. Criteo Appoints Connor McGogney as CFO and Cancels Treasury Shares
• Positive Sentiment: Benchmark lowered its price target from $25 to $21 but maintained a “buy” rating, implying meaningful potential upside from the current trading level.
• Neutral Sentiment: Morgan Stanley cut its target from $29 to $25 and kept an “equal weight” rating. The revised target still indicates substantial upside, but the reduction reflects more cautious expectations.
• Neutral Sentiment: CEO Michael Komasinski, CFO Sarah Js Glickman and insider Ryan Damon sold shares to cover tax-withholding obligations tied to vested equity awards. The transactions reduced their holdings but were not discretionary sales based on the filings.
• Negative Sentiment: Criteo forecast 2026 contribution ex-TAC to decline 10% to 12%, assuming no recovery in spending from large clients. This weak outlook overshadowed the earnings beat and remains the primary fundamental risk. Criteo Forecasts 2026 Contribution Ex-TAC Decline

Analysts Set New Price Targets

A number of research firms have recently issued reports on CRTO. Sanford C. Bernstein downgraded Criteo from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $35.00 to $20.50 in a research note on Thursday. Citigroup reiterated a “buy” rating on shares of Criteo in a research report on Tuesday, July 7th. Morgan Stanley lowered their target price on Criteo from $29.00 to $25.00 and set an “equal weight” rating on the stock in a report on Thursday. Stifel Nicolaus dropped their target price on Criteo from $30.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Finally, Wedbush started coverage on Criteo in a research note on Thursday, July 16th. They set an “outperform” rating and a $30.00 price target for the company. Six equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Criteo presently has an average rating of “Hold” and an average price target of $23.15.

Institutional Investors Weigh In On Criteo

Hedge funds have recently modified their holdings of the business. Morgan Stanley increased its stake in shares of Criteo by 21.6% in the 4th quarter. Morgan Stanley now owns 4,723,794 shares of the information services provider’s stock worth $97,357,000 after purchasing an additional 838,523 shares in the last quarter. Senvest Management LLC lifted its position in Criteo by 4.5% during the first quarter. Senvest Management LLC now owns 4,597,322 shares of the information services provider’s stock valued at $82,430,000 after purchasing an additional 200,000 shares in the last quarter. Alliancebernstein L.P. lifted its position in Criteo by 1.9% during the second quarter. Alliancebernstein L.P. now owns 4,411,988 shares of the information services provider’s stock valued at $105,711,000 after purchasing an additional 82,134 shares in the last quarter. DNB Asset Management AS grew its holdings in Criteo by 2.9% during the fourth quarter. DNB Asset Management AS now owns 4,258,161 shares of the information services provider’s stock valued at $87,761,000 after purchasing an additional 121,477 shares during the period. Finally, Janus Henderson Group PLC grew its holdings in Criteo by 4.6% during the first quarter. Janus Henderson Group PLC now owns 1,769,644 shares of the information services provider’s stock valued at $31,774,000 after purchasing an additional 77,145 shares during the period. Institutional investors own 94.27% of the company’s stock.

Criteo Company Profile

Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo’s platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.

At the core of Criteo’s offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.