Morgan Stanley Discloses Passive Stake in Criteo S.A. (CRTO)
Ticker: MS-PL · Form: SC 13G · Filed: Feb 8, 2024 · CIK: 895421
| Field | Detail |
|---|---|
| Company | Morgan Stanley (MS-PL) |
| Form Type | SC 13G |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**Morgan Stanley just revealed a passive stake in Criteo (CRTO) as of year-end 2023.**
AI Summary
Morgan Stanley, a major financial institution, has filed an SC 13G indicating its ownership of Criteo S.A. (CRTO) American Depository Shares/Ordinary Shares as of December 31, 2023. This filing, made under Rule 13d-1(b), signifies that Morgan Stanley holds a significant, but passive, stake in Criteo. This matters to investors because it shows a large institutional investor has confidence in Criteo, potentially signaling stability or future growth prospects for the stock.
Why It Matters
This filing reveals that a major financial institution, Morgan Stanley, holds a notable position in Criteo, which can be seen as a vote of confidence in the company's value.
Risk Assessment
Risk Level: low — This filing indicates a passive institutional investment, which generally doesn't pose a direct risk to the company or its stock price.
Analyst Insight
An investor might view this as a positive signal, suggesting Criteo is a stable investment for large institutions, and could consider further research into Criteo's fundamentals.
Key Players & Entities
- Morgan Stanley (company) — filer of the SC 13G, holding a stake in Criteo S.A.
- Criteo S.A. (company) — the subject company in which Morgan Stanley holds shares
- December 31, 2023 (date) — the date of the event requiring the filing of this statement
- Rule 13d-1(b) (person) — the specific SEC rule under which the filing was made, indicating a passive investment
Forward-Looking Statements
- Criteo S.A. stock may experience increased investor confidence due to Morgan Stanley's disclosed stake. (Criteo S.A.) — medium confidence, target: Q1 2024
FAQ
What type of shares of Criteo S.A. does Morgan Stanley hold, according to this filing?
Morgan Stanley holds American Depository Shares / Ordinary Shares of Criteo S.A., as stated in the 'Title of Class of Securities' section of the filing.
What is the CUSIP Number associated with Criteo S.A. securities mentioned in this filing?
The CUSIP Number for Criteo S.A. securities is 226718104, as listed in the filing.
When was the 'Date Of Event which Requires Filing of this Statement' for this SC 13G?
The 'Date Of Event which Requires Filing of this Statement' was December 31, 2023, as specified in the filing.
Under which specific SEC rule was this Schedule 13G filed by Morgan Stanley?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the checked box in the filing.
What is the business address of Criteo S.A. as listed in the filing?
Criteo S.A.'s business address is 32 RUE BLANCHE, PARIS, I0 75009, as detailed in the 'BUSINESS ADDRESS' section for the subject company.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 8, 2024 by Rule 13d-1(b) regarding MORGAN STANLEY (MS-PL).