King Luther Capital Management Corp Takes Position in Criteo S.A. $CRTO

King Luther Capital Management Corp purchased a new stake in Criteo S.A. (NASDAQ:CRTO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 105,000 shares of the information services provider’s stock, valued at approximately $2,373,000. King Luther Capital Management Corp owned approximately 0.20% of Criteo at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Ballast Asset Management LP bought a new stake in Criteo during the 3rd quarter worth about $4,245,000. VELA Investment Management LLC raised its stake 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 buying an additional 78,225 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Criteo by 457.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 215,309 shares of the information services provider’s stock worth $4,866,000 after buying an additional 176,715 shares during the last quarter. Seizert Capital Partners LLC lifted its holdings in Criteo by 48.6% in the third quarter. Seizert Capital Partners LLC now owns 183,724 shares of the information services provider’s stock valued at $4,152,000 after buying an additional 60,067 shares during the period. Finally, Neuberger Berman Group LLC boosted its stake in Criteo by 6.9% in the second quarter. Neuberger Berman Group LLC now owns 6,542,808 shares of the information services provider’s stock valued at $156,766,000 after acquiring an additional 419,808 shares during the last quarter. Institutional investors and hedge funds own 94.27% of the company’s stock.

Criteo Price Performance

NASDAQ:CRTO opened at $17.52 on Friday. The business’s 50-day simple moving average is $19.64 and its 200-day simple moving average is $21.09. Criteo S.A. has a fifty-two week low of $16.15 and a fifty-two week high of $43.76. The stock has a market capitalization of $896.18 million, a PE ratio of 6.61 and a beta of 0.49.

Analysts Set New Price Targets

Several analysts have commented on the stock. Sanford C. Bernstein set a $43.00 target price on shares of Criteo in a research report on Thursday, February 12th. BMO Capital Markets reiterated an “outperform” rating and issued a $35.00 price objective on shares of Criteo in a report on Thursday, February 12th. Susquehanna set a $18.00 target price on Criteo in a research note on Thursday, February 12th. Wall Street Zen lowered Criteo from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, DA Davidson set a $28.50 price target on Criteo in a research note on Thursday, February 12th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $30.55.

Insider Buying and Selling at Criteo

In other Criteo news, insider Ryan Damon sold 3,222 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $21.04, for a total transaction of $67,790.88. Following the completion of the transaction, the insider owned 114,286 shares in the company, valued at approximately $2,404,577.44. This represents a 2.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sarah Js Glickman sold 3,982 shares of Criteo stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $19.51, for a total value of $77,688.82. Following the completion of the sale, the chief financial officer directly owned 353,227 shares in the company, valued at $6,891,458.77. This represents a 1.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 10,598 shares of company stock valued at $211,697 in the last three months. 1.66% of the stock is owned by insiders.

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.