Janus Henderson Group PLC Acquires 77,145 Shares of Criteo S.A. $CRTO

Janus Henderson Group PLC grew its stake in Criteo S.A. (NASDAQ:CRTO) by 4.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,769,644 shares of the information services provider’s stock after purchasing an additional 77,145 shares during the quarter. Janus Henderson Group PLC’s holdings in Criteo were worth $31,774,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. WealthCollab LLC grew its stake in shares of Criteo by 147.5% during the first quarter. WealthCollab LLC now owns 1,371 shares of the information services provider’s stock worth $25,000 after purchasing an additional 817 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Criteo by 185.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,446 shares of the information services provider’s stock valued at $30,000 after purchasing an additional 940 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Criteo in the second quarter valued at about $30,000. Jones Financial Companies Lllp lifted its stake in Criteo by 1,376.7% in the first quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider’s stock valued at $45,000 after buying an additional 1,184 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in Criteo by 142.3% during the third quarter. Parallel Advisors LLC now owns 2,081 shares of the information services provider’s stock worth $47,000 after buying an additional 1,222 shares during the last quarter. 94.27% of the stock is currently owned by institutional investors.

Criteo Stock Performance

CRTO stock opened at $21.82 on Monday. The business’s 50-day moving average price is $19.54 and its two-hundred day moving average price is $18.78. The firm has a market cap of $1.10 billion, a PE ratio of 10.20 and a beta of 0.29. Criteo S.A. has a 1-year low of $15.57 and a 1-year high of $25.29.

Criteo (NASDAQ:CRTO) last announced its quarterly earnings results on Tuesday, March 31st. The information services provider reported $0.73 earnings per share (EPS) for the quarter. Criteo had a return on equity of 14.98% and a net margin of 6.06%.The company had revenue of $424.64 million during the quarter. On average, analysts forecast that Criteo S.A. will post 3.21 earnings per share for the current year.

Insider Buying and Selling at Criteo

In related news, CFO Sarah Js Glickman sold 2,465 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.06, for a total value of $42,052.90. Following the completion of the transaction, the chief financial officer directly owned 431,879 shares in the company, valued at approximately $7,367,855.74. The trade was a 0.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 1.52% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Wells Fargo & Company restated an “equal weight” rating and set a $18.00 target price (down from $34.00) on shares of Criteo in a research report on Wednesday, May 6th. Wedbush began coverage on shares of Criteo in a research report on Thursday, July 16th. They issued an “outperform” rating and a $30.00 price target on the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Criteo in a research note on Friday, July 17th. Stifel Nicolaus decreased their price objective on shares of Criteo from $30.00 to $29.00 and set a “buy” rating for the company in a report on Monday, April 13th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $24.00 target price on shares of Criteo in a research note on Tuesday, July 7th. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $27.70.

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.