Albion Financial Group UT Trims Position in The Trade Desk $TTD

Key Points

• Albion Financial Group UT significantly reduced its stake in The Trade Desk by 95.9%, leaving it with only 544 shares valued at $39,000 after selling over 12,800 shares in the 2nd quarter.
• Multiple large investors are increasing their positions in The Trade Desk, with Vanguard Group Inc. and Brown Advisory Inc. both boosting their holdings considerably in the 1st quarter.
• Analysts have recently downgraded Trade Desk's stock rating, with several firms lowering their target prices to as low as $45, amidst a mixed sentiment reflected in 20 buy ratings and 3 sell ratings.

Albion Financial Group UT reduced its position in The Trade Desk (NASDAQ:TTD - Free Report) by 95.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 544 shares of the technology company's stock after selling 12,845 shares during the period. Albion Financial Group UT's holdings in Trade Desk were worth $39,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Trade Desk by 3.7% in the first quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company's stock valued at $2,420,689,000 after purchasing an additional 1,567,491 shares during the period. Brown Advisory Inc. boosted its stake in Trade Desk by 198.4% in the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company's stock worth $443,358,000 after buying an additional 5,387,339 shares during the last quarter. Nuveen LLC purchased a new stake in Trade Desk in the 1st quarter valued at about $191,935,000. Zevenbergen Capital Investments LLC grew its holdings in Trade Desk by 3.7% in the 1st quarter. Zevenbergen Capital Investments LLC now owns 2,169,273 shares of the technology company's stock valued at $118,703,000 after buying an additional 77,890 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Trade Desk by 8.5% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,000,184 shares of the technology company's stock valued at $109,450,000 after acquiring an additional 156,703 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company's stock.

Analyst Ratings Changes

Several research firms recently issued reports on TTD. Scotiabank decreased their target price on shares of Trade Desk from $83.00 to $60.00 and set a "sector perform" rating on the stock in a research report on Friday, August 8th. Bank of America reiterated an "underperform" rating and issued a $55.00 price target (down previously from $130.00) on shares of Trade Desk in a report on Friday, August 8th. Jefferies Financial Group cut shares of Trade Desk from a "buy" rating to a "hold" rating and lowered their price objective for the company from $100.00 to $50.00 in a research note on Monday, August 11th. Moffett Nathanson lowered Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 target price on the stock. in a research report on Friday, August 8th. Finally, Hsbc Global Res cut Trade Desk from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Trade Desk presently has an average rating of "Hold" and an average target price of $87.21.

Trade Desk Trading Up 0.8%

Shares of NASDAQ TTD opened at $47.14 on Monday. The company has a market capitalization of $23.05 billion, a price-to-earnings ratio of 56.80, a price-to-earnings-growth ratio of 2.45 and a beta of 1.36. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The business has a 50 day simple moving average of $60.43 and a 200-day simple moving average of $63.08.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS 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 business had revenue of $694.04 million during the quarter, compared to analyst estimates of $686.00 million. During the same period in the prior year, the firm earned $0.39 EPS. The business's revenue for the quarter was up 18.7% compared to the same quarter last year. 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 year.

Insider Transactions at Trade Desk

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

Trade Desk 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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