Criteo (NASDAQ:CRTO) Director Purchases $89,050.00 in Stock

Criteo S.A. (NASDAQ:CRTO) Director Der Kooi Frederik Van bought 5,000 shares of the business’s stock in a transaction on Friday, March 13th. The stock was bought at an average price of $17.81 per share, with a total value of $89,050.00. Following the transaction, the director owned 26,600 shares in the company, valued at approximately $473,746. This represents a 23.15% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Criteo Stock Performance

Shares of NASDAQ CRTO traded up $0.93 during mid-day trading on Tuesday, reaching $18.83. The company had a trading volume of 79,149 shares, compared to its average volume of 603,350. Criteo S.A. has a twelve month low of $16.15 and a twelve month high of $38.48. The stock’s 50 day moving average is $19.02 and its 200-day moving average is $20.42. The stock has a market capitalization of $938.66 million, a PE ratio of 7.12 and a beta of 0.38.

Wall Street Analyst Weigh In

CRTO has been the subject of a number of recent research reports. Morgan Stanley set a $33.00 price target on Criteo in a research note on Thursday, February 12th. Stifel Nicolaus set a $30.00 price objective on Criteo in a report on Thursday, February 12th. Susquehanna set a $18.00 price objective on shares of Criteo in a research report on Thursday, February 12th. BMO Capital Markets reissued an “outperform” rating and issued a $35.00 target price on shares of Criteo in a research report on Thursday, February 12th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Criteo in a research note on Wednesday, January 21st. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $30.55.

Institutional Investors Weigh In On Criteo

Large investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of Criteo during the 2nd quarter valued at about $30,000. Jones Financial Companies Lllp raised its holdings in Criteo by 1,376.7% during the 1st quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock worth $45,000 after buying an additional 1,184 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Criteo by 185.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock worth $30,000 after buying an additional 940 shares during the period. Covestor Ltd lifted its stake in Criteo by 125.2% in the third quarter. Covestor Ltd now owns 1,763 shares of the information services provider’s stock valued at $40,000 after buying an additional 980 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of Criteo by 142.3% in the third quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock valued at $47,000 after buying an additional 1,222 shares during the period. 94.27% of the stock is currently owned by institutional investors.

About Criteo

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.