Criteo S.A. $CRTO Shares Bought by Nierenberg Investment Management Company Inc.

Nierenberg Investment Management Company Inc. increased 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 Securities and Exchange Commission. The fund owned 535,702 shares of the information services provider’s stock after acquiring an additional 269,204 shares during the quarter. Criteo comprises 6.8% of Nierenberg Investment Management Company Inc.’s portfolio, making the stock its 4th biggest holding. Nierenberg Investment Management Company Inc. owned 0.93% of Criteo worth $12,835,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CRTO. Alliancebernstein L.P. increased its holdings in shares of Criteo by 14.0% in the first quarter. Alliancebernstein L.P. now owns 4,329,854 shares of the information services provider’s stock valued at $153,320,000 after purchasing an additional 532,879 shares during the last quarter. ANTIPODES PARTNERS Ltd boosted its holdings in shares of Criteo by 45.9% during the 1st quarter. ANTIPODES PARTNERS Ltd now owns 1,451,188 shares of the information services provider’s stock worth $51,391,000 after buying an additional 456,633 shares during the period. Clough Capital Partners L P acquired a new position in Criteo in the 1st quarter valued at about $12,708,000. Y Intercept Hong Kong Ltd bought a new position in Criteo in the 2nd quarter valued at about $4,224,000. Finally, VELA Investment Management LLC lifted its position in Criteo by 86.5% during the second quarter. VELA Investment Management LLC now owns 351,940 shares of the information services provider’s stock worth $8,432,000 after acquiring an additional 163,196 shares during the last quarter. 94.27% of the stock is owned by institutional investors.

Criteo Stock Performance

Criteo stock opened at $19.81 on Wednesday. The stock has a market capitalization of $1.04 billion, a P/E ratio of 6.65 and a beta of 0.56. Criteo S.A. has a 52 week low of $19.40 and a 52 week high of $47.26. The stock has a fifty day moving average of $21.49 and a 200-day moving average of $23.66.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Wednesday, October 29th. The information services provider reported $1.31 earnings per share (EPS) 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 company had revenue of $469.66 million for the quarter, compared to analyst estimates of $281.70 million. During the same period in the previous year, the firm posted $0.96 EPS. The firm’s revenue was up 8.3% on a year-over-year basis. Criteo has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Criteo S.A. will post 3.09 earnings per share for the current year.

Insider Transactions at Criteo

In other news, Director Der Kooi Frederik Van purchased 5,000 shares of Criteo stock in a transaction dated Monday, November 10th. The shares were bought at an average cost of $21.52 per share, for a total transaction of $107,600.00. Following the completion of the acquisition, the director owned 21,600 shares in the company, valued at approximately $464,832. This trade represents a 30.12% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ernst 02494 Teunissen purchased 4,403 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were acquired at an average cost of $22.71 per share, with a total value of $99,992.13. Following 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 disclosure for this purchase is available in the SEC filing. Insiders have bought 11,702 shares of company stock worth $259,573 over the last three months. Insiders own 1.66% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on CRTO. DA Davidson set a $38.00 target price on Criteo in a research report on Thursday, October 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $40.00 price objective on shares of Criteo in a report on Thursday, October 30th. Weiss Ratings downgraded Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, October 24th. Benchmark decreased their price target on shares of Criteo from $42.00 to $38.00 and set a “buy” rating on the stock in a research note on Tuesday, October 28th. Finally, Wells Fargo & Company cut their price objective on shares of Criteo from $54.00 to $40.00 and set an “overweight” rating for the company in a report on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $38.33.

Criteo Profile

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.