116,051 Shares in The Trade Desk $TTD Purchased by Deane Retirement Strategies Inc.

Key Points

• Deane Retirement Strategies acquired 116,051 shares of The Trade Desk in the second quarter, valued at approximately $2.1 million. Institutional investors and hedge funds collectively own 67.77% of the company.
• Analyst sentiment remains cautious: William Blair and Oppenheimer downgraded the stock to “market perform,” while the consensus rating is “Reduce” with an average price target of $20.85.
• Trade Desk faces weakening fundamentals, including a revenue miss, declining adjusted EPS and EBITDA margins, and third-quarter guidance that could imply the company’s first year-over-year revenue decline since its IPO.

Deane Retirement Strategies Inc. acquired a new stake in The Trade Desk (NASDAQ:TTD - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 116,051 shares of the technology company's stock, valued at approximately $2,101,000.

A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC boosted its holdings in Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock valued at $539,000 after purchasing an additional 169 shares during the period. Howard Capital Management Inc. boosted its holdings in shares of Trade Desk by 2.3% in the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company's stock valued at $461,000 after purchasing an additional 275 shares in the last quarter. Visionary Wealth Advisors increased its stake in shares of Trade Desk by 3.3% in the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company's stock valued at $728,000 after purchasing an additional 327 shares during the last quarter. Kensington Investment Counsel LLC increased its stake in shares of Trade Desk by 1.0% in the 2nd quarter. Kensington Investment Counsel LLC now owns 36,427 shares of the technology company's stock valued at $2,622,000 after purchasing an additional 362 shares during the last quarter. Finally, New Mexico Educational Retirement Board raised its holdings in shares of Trade Desk by 2.0% during the 4th quarter. New Mexico Educational Retirement Board now owns 20,600 shares of the technology company's stock worth $782,000 after buying an additional 400 shares in the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the transaction, the director directly owned 13,099 shares of the company's stock, valued at $276,912.86. The trade was a 80.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 11.41% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TTD. William Blair lowered shares of Trade Desk from an "outperform" rating to a "market perform" rating in a research report on Friday, May 8th. Weiss Ratings lowered shares of Trade Desk from a "sell (d+)" rating to a "sell (d)" rating in a report on Tuesday, June 16th. Oppenheimer downgraded shares of Trade Desk from an "outperform" rating to a "market perform" rating in a research report on Friday, May 8th. Morgan Stanley set a $26.00 price target on shares of Trade Desk in a research report on Friday, May 8th. Finally, DA Davidson set a $16.00 price target on shares of Trade Desk in a research note on Friday. Five investment analysts have rated the stock with a Buy rating, twenty-seven have assigned a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $20.85.

Key Headlines Impacting Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Customer retention remained strong, and management highlighted ongoing product improvements and major advertising partnerships. CEO Jeff Green has also reportedly purchased shares, potentially signaling confidence in the long-term opportunity. TTD Stock Sinks Over 26% On Earnings Miss, Weak Outlook
• Neutral Sentiment: Analysts substantially reduced price targets and ratings following the release. Needham retained a Buy rating with a $19 target, while other targets ranged from $12 to $15, reflecting significant disagreement over whether the selloff creates value or signals a prolonged downturn. The Trade Desk downgraded by Susquehanna
• Negative Sentiment: Second-quarter revenue rose only 3% year over year to approximately $715 million, below the roughly $753 million consensus estimate. Adjusted EPS was 34 cents; although estimates vary, several reports characterized profit as below expectations and noted that EPS declined from 41 cents a year earlier. Trade Desk Stock Slumps After Revenue Misses Forecasts
• Negative Sentiment: Third-quarter revenue guidance of about $650 million was well below Wall Street expectations and implies a potential year-over-year revenue decline—the first such decline forecast since the company’s IPO. The outlook suggests that weak consumer spending, tariffs, oil prices and cautious spending by large brands are affecting advertising budgets. Trade Desk shares plunge on weak revenue, guidance miss
• Negative Sentiment: Management acknowledged execution gaps and a changing customer environment, while profitability also weakened: adjusted EBITDA fell to approximately $241 million and margins contracted. The rapid restructuring of the C-suite added to investor uncertainty about execution and leadership stability. TTD Q2 Earnings Call Flags Execution Gaps and Cautious Q3 Guide

Trade Desk Stock Performance

TTD stock opened at $13.80 on Monday. The business has a 50-day simple moving average of $18.82 and a two-hundred day simple moving average of $22.70. The company has a market capitalization of $6.49 billion, a P/E ratio of 16.43, a price-to-earnings-growth ratio of 0.67 and a beta of 1.04. The Trade Desk has a 52-week low of $12.83 and a 52-week high of $57.00.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.24). The company had revenue of $688.86 million for the quarter, compared to analysts' expectations of $678.87 million. Trade Desk had a net margin of 13.61% and a return on equity of 16.09%. The firm's quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.33 EPS. As a group, sell-side analysts forecast that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk Profile

The Trade Desk, Inc NASDAQ: TTD is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source