Nierenberg Investment Management Company Inc. Acquires 269,204 Shares of Criteo S.A. $CRTO

Nierenberg Investment Management Company Inc. grew its holdings in shares of Criteo S.A. (NASDAQ:CRTO) by 101.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 535,702 shares of the information services provider’s stock after buying an additional 269,204 shares during the period. Criteo makes up 6.8% of Nierenberg Investment Management Company Inc.’s investment portfolio, making the stock its 4th largest holding. Nierenberg Investment Management Company Inc.’s holdings in Criteo were worth $12,835,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Senvest Management LLC increased its holdings in shares of Criteo by 1.9% during the second quarter. Senvest Management LLC now owns 4,071,880 shares of the information services provider’s stock valued at $97,562,000 after acquiring an additional 74,612 shares in the last quarter. Black Creek Investment Management Inc. boosted its holdings in Criteo by 60.5% during the second quarter. Black Creek Investment Management Inc. now owns 51,733 shares of the information services provider’s stock worth $1,240,000 after purchasing an additional 19,500 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of Criteo in the 2nd quarter worth approximately $725,000. Campbell & CO Investment Adviser LLC bought a new position in Criteo in the 2nd quarter valued at $220,000. Finally, Fox Run Management L.L.C. grew its position in Criteo by 61.5% during the second quarter. Fox Run Management L.L.C. now owns 11,568 shares of the information services provider’s stock valued at $277,000 after buying an additional 4,407 shares during the period. 94.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. BMO Capital Markets restated an “outperform” rating and issued a $40.00 target price on shares of Criteo in a research note on Thursday, October 30th. Zacks Research raised shares of Criteo from a “hold” rating to a “strong-buy” rating in a report on Monday, November 3rd. Stifel Nicolaus dropped 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. Benchmark cut their target price on shares of Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a research report on Tuesday, October 28th. Finally, DA Davidson set a $38.00 price target on shares of Criteo in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $38.33.

Criteo Stock Performance

Shares of CRTO stock opened at $19.81 on Wednesday. The business’s 50 day moving average price is $21.49 and its 200-day moving average price is $23.66. Criteo S.A. has a fifty-two week low of $19.40 and a fifty-two week high of $47.26. The firm has a market cap of $1.04 billion, a P/E ratio of 6.65 and a beta of 0.56.

Criteo (NASDAQ:CRTO) last released its quarterly earnings results on Wednesday, October 29th. The information services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.42. Criteo had a net margin of 8.67% and a return on equity of 19.54%. The business had revenue of $469.66 million for the quarter, compared to analysts’ expectations of $281.70 million. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.96 earnings per share. Criteo has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Criteo S.A. will post 3.09 EPS for the current year.

Insider Buying and Selling at Criteo

In other Criteo news, Director Ernst 02494 Teunissen acquired 4,403 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were acquired at an average price of $22.71 per share, with a total value of $99,992.13. Following the completion of the purchase, the director directly owned 12,468 shares of the company’s stock, valued at approximately $283,148.28. The trade was a 54.59% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Der Kooi Frederik Van purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was bought at an average price of $21.52 per share, for a total transaction of $107,600.00. Following the purchase, the director directly owned 21,600 shares in the company, valued at $464,832. The trade was a 30.12% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders purchased 11,702 shares of company stock worth $259,573. 1.66% of the stock is owned by insiders.

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.