Allianz Asset Management GmbH reduced its position in The Trade Desk (NASDAQ:TTD - Free Report) by 27.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 250,001 shares of the technology company's stock after selling 93,898 shares during the period. Allianz Asset Management GmbH owned 0.05% of Trade Desk worth $17,998,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cornerstone Wealth Group LLC raised its stake in Trade Desk by 2.8% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company's stock valued at $321,000 after acquiring an additional 122 shares during the period. Mutual Advisors LLC raised its stake in Trade Desk by 3.5% in the 2nd quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company's stock valued at $305,000 after acquiring an additional 142 shares during the period. Ashton Thomas Securities LLC raised its stake in Trade Desk by 2.6% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company's stock valued at $315,000 after acquiring an additional 144 shares during the period. Tradition Wealth Management LLC raised its stake in Trade Desk by 2.4% in the 1st quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company's stock valued at $347,000 after acquiring an additional 150 shares during the period. Finally, HighMark Wealth Management LLC raised its stake in Trade Desk by 46.2% in the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company's stock valued at $34,000 after acquiring an additional 151 shares during the period. 67.77% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on TTD shares. Weiss Ratings restated a "hold (c)" rating on shares of Trade Desk in a research note on Wednesday, October 8th. Arete Research raised Trade Desk to a "strong sell" rating in a report on Monday, July 28th. UBS Group reduced their target price on Trade Desk from $105.00 to $80.00 and set a "buy" rating for the company in a report on Friday, August 15th. Citigroup reaffirmed an "outperform" rating on shares of Trade Desk in a report on Tuesday, September 30th. Finally, Scotiabank reduced their target price on Trade Desk from $83.00 to $60.00 and set a "sector perform" rating for the company in a report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $84.48.
Read Our Latest Analysis on TTD
Insider Transactions at Trade Desk
In other news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction dated 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 completion of the sale, the insider owned 218,246 shares in the company, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the business's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company's stock, valued at $242,687. The trade was a 21.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company's stock.
Trade Desk Trading Up 0.2%
Shares of TTD opened at $49.98 on Monday. The company has a market cap of $24.44 billion, a PE ratio of 60.22, a price-to-earnings-growth ratio of 2.67 and a beta of 1.38. The stock has a 50-day moving average price of $50.65 and a 200-day moving average price of $62.58. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53.
Trade Desk (NASDAQ:TTD - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The business's revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.
Trade Desk Profile
(
Free Report)
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.
See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Trade Desk, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trade Desk wasn't on the list.
While Trade Desk currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.