Criteo S.A. $CRTO Shares Acquired by Seizert Capital Partners LLC

Seizert Capital Partners LLC lifted its stake in shares of Criteo S.A. (NASDAQ:CRTO) by 48.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,724 shares of the information services provider’s stock after acquiring an additional 60,067 shares during the quarter. Seizert Capital Partners LLC’s holdings in Criteo were worth $4,152,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Campbell & CO Investment Adviser LLC boosted its position in shares of Criteo by 217.6% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 29,160 shares of the information services provider’s stock valued at $659,000 after purchasing an additional 19,979 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of Criteo by 21.2% during the third quarter. TD Private Client Wealth LLC now owns 2,916 shares of the information services provider’s stock valued at $66,000 after acquiring an additional 511 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in shares of Criteo by 457.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 215,309 shares of the information services provider’s stock valued at $4,866,000 after acquiring an additional 176,715 shares in the last quarter. Centurion Wealth Management LLC acquired a new position in Criteo in the 3rd quarter worth approximately $254,000. Finally, Neuberger Berman Group LLC grew its position in Criteo by 6.9% during the 2nd quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider’s stock worth $156,766,000 after purchasing an additional 419,808 shares in the last quarter. 94.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Criteo

In related news, CFO Sarah Js Glickman sold 3,982 shares of the stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $19.51, for a total transaction of $77,688.82. Following the completion of the sale, the chief financial officer owned 353,227 shares in the company, valued at $6,891,458.77. This trade represents a 1.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Ernst 02494 Teunissen acquired 4,403 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was acquired at an average price of $22.71 per share, with a total value of $99,992.13. Following the transaction, the director owned 12,468 shares in the company, valued at approximately $283,148.28. The trade was a 54.59% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 11,702 shares of company stock worth $259,573 and have sold 10,598 shares worth $211,697. Company insiders own 1.66% of the company’s stock.

Criteo Price Performance

Criteo stock opened at $19.44 on Tuesday. Criteo S.A. has a fifty-two week low of $19.00 and a fifty-two week high of $47.26. The firm has a fifty day moving average price of $20.33 and a two-hundred day moving average price of $21.86. The firm has a market cap of $994.10 million, a price-to-earnings ratio of 6.47 and a beta of 0.51.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on CRTO shares. Benchmark reduced their price objective on Criteo from $42.00 to $38.00 and set a “buy” rating for the company in a research note on Tuesday, October 28th. BMO Capital Markets reiterated an “outperform” rating and issued a $40.00 price objective on shares of Criteo in a research note on Thursday, October 30th. Weiss Ratings downgraded shares of Criteo from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 24th. Zacks Research cut shares of Criteo from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Finally, DA Davidson set a $38.00 price objective on Criteo in a report on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $38.11.

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.