AG2R LA Mondiale Gestion D Actifs Purchases New Holdings in The Trade Desk $TTD

AG2R LA Mondiale Gestion D Actifs acquired a new position in The Trade Desk (NASDAQ:TTD - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 18,687 shares of the technology company's stock, valued at approximately $1,023,000.

Several other institutional investors also recently modified their holdings of the company. Investment Management Corp VA ADV acquired a new position in shares of Trade Desk in the fourth quarter valued at $25,000. Banque Cantonale Vaudoise acquired a new position in shares of Trade Desk in the 1st quarter valued at $26,000. Cloud Capital Management LLC acquired a new position in shares of Trade Desk in the 1st quarter valued at $27,000. von Borstel & Associates Inc. bought a new position in shares of Trade Desk during the 1st quarter worth about $31,000. Finally, Alpine Bank Wealth Management acquired a new stake in shares of Trade Desk during the 1st quarter valued at about $35,000. Institutional investors and hedge funds own 67.77% of the company's stock.

Analysts Set New Price Targets

Several research firms recently issued reports on TTD. Wedbush reissued an "outperform" rating and issued a $86.00 price target on shares of Trade Desk in a research report on Tuesday, July 15th. BTIG Research cut Trade Desk from a "buy" rating to a "neutral" rating in a report on Friday, August 8th. Moffett Nathanson lowered Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 price objective for the company. in a research note on Friday, August 8th. JMP Securities restated a "market outperform" rating and issued a $100.00 price target on shares of Trade Desk in a research report on Tuesday, June 24th. Finally, Arete Research raised shares of Trade Desk to a "strong sell" rating in a report on Monday, July 28th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $87.67.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider owned 218,246 shares of the company's stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company's stock, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by corporate insiders.

Trade Desk Stock Down 0.2%

Shares of NASDAQ:TTD opened at $45.15 on Monday. The firm has a market cap of $22.08 billion, a P/E ratio of 54.40, a P/E/G ratio of 2.32 and a beta of 1.36. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The company's 50-day moving average price is $66.75 and its two-hundred day moving average price is $64.32.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. During the same period in the prior year, the firm posted $0.39 earnings per share. The company's revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

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