Criteo S.A. $CRTO Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP increased its stake in shares of Criteo S.A. (NASDAQ:CRTO) by 469.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 112,123 shares of the information services provider’s stock after purchasing an additional 92,436 shares during the quarter. GSA Capital Partners LLP owned 0.22% of Criteo worth $2,311,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Ballast Asset Management LP acquired a new stake in shares of Criteo during the third quarter worth $4,245,000. VELA Investment Management LLC lifted its holdings in shares of Criteo by 22.2% during the third quarter. VELA Investment Management LLC now owns 430,165 shares of the information services provider’s stock worth $9,722,000 after purchasing an additional 78,225 shares during the period. Seizert Capital Partners LLC lifted its holdings in shares of Criteo by 48.6% during the third quarter. Seizert Capital Partners LLC now owns 183,724 shares of the information services provider’s stock worth $4,152,000 after purchasing an additional 60,067 shares during the period. King Luther Capital Management Corp acquired a new stake in shares of Criteo during the third quarter worth $2,373,000. Finally, Waterfront Wealth Inc. lifted its holdings in shares of Criteo by 81.4% during the fourth quarter. Waterfront Wealth Inc. now owns 141,766 shares of the information services provider’s stock worth $2,868,000 after purchasing an additional 63,611 shares during the period. 94.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on CRTO shares. Susquehanna set a $18.00 price objective on Criteo in a research report on Thursday, February 12th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Criteo in a research report on Monday, April 20th. Stifel Nicolaus cut their price objective on Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Benchmark cut their price objective on Criteo from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, Sanford C. Bernstein set a $43.00 price objective on Criteo in a research report on Thursday, February 12th. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.94.

Insider Buying and Selling

In related news, Director Der Kooi Frederik Van acquired 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average price of $17.81 per share, for a total transaction of $89,050.00. Following the transaction, the director owned 26,600 shares in the company, valued at $473,746. This trade represents a 23.15% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.52% of the company’s stock.

Criteo Stock Up 0.9%

Shares of CRTO stock opened at $16.21 on Tuesday. Criteo S.A. has a fifty-two week low of $15.57 and a fifty-two week high of $28.40. The stock has a market cap of $808.23 million, a P/E ratio of 7.57 and a beta of 0.34. The business has a fifty day simple moving average of $18.07 and a 200-day simple moving average of $19.27.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.73 earnings per share for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%.The business had revenue of $424.64 million during the quarter. On average, sell-side analysts anticipate that Criteo S.A. will post 3.12 earnings per share for the current year.

Criteo 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.