Aware Super Pty Ltd as trustee of Aware Super Sells 30,332 Shares of The Trade Desk $TTD

Key Points

• Aware Super Pty Ltd drastically reduced its stake in The Trade Desk by 49.4%, selling 30,332 shares during the second quarter, leaving it with 31,088 shares worth approximately $2.24 million.
• Several institutional investors increased their ownership in The Trade Desk, with Arlington Financial Advisors LLC significantly boosting its stake by 903.9% during the same period.
• Trade Desk reported a miss in earnings for the last quarter, posting $0.18 EPS compared to the consensus estimate of $0.42, while its revenue rose 18.7% year-over-year to $694.04 million.

Aware Super Pty Ltd as trustee of Aware Super reduced its stake in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 49.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,088 shares of the technology company's stock after selling 30,332 shares during the quarter. Aware Super Pty Ltd as trustee of Aware Super's holdings in Trade Desk were worth $2,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bridges Investment Management Inc. boosted its stake in shares of Trade Desk by 12.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 6,533 shares of the technology company's stock valued at $470,000 after purchasing an additional 720 shares in the last quarter. Mutual Advisors LLC lifted its holdings in Trade Desk by 3.5% in the second quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company's stock worth $305,000 after buying an additional 142 shares during the period. Arlington Financial Advisors LLC boosted its position in Trade Desk by 903.9% during the 2nd quarter. Arlington Financial Advisors LLC now owns 75,213 shares of the technology company's stock valued at $5,415,000 after acquiring an additional 67,721 shares in the last quarter. Sagespring Wealth Partners LLC bought a new stake in Trade Desk during the 2nd quarter valued at approximately $308,000. Finally, Wilmington Savings Fund Society FSB grew its holdings in shares of Trade Desk by 15.8% during the 2nd quarter. Wilmington Savings Fund Society FSB now owns 8,314 shares of the technology company's stock worth $599,000 after acquiring an additional 1,136 shares during the period. 67.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Guggenheim set a $55.00 target price on Trade Desk and gave the company a "buy" rating in a research note on Monday, September 29th. Oppenheimer increased their price objective on Trade Desk from $80.00 to $110.00 and gave the stock an "outperform" rating in a report on Tuesday, July 29th. Hsbc Global Res cut shares of Trade Desk from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. KeyCorp upped their target price on shares of Trade Desk from $80.00 to $95.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Finally, Wells Fargo & Company set a $53.00 price target on shares of Trade Desk and gave the company an "equal weight" rating in a research report on Monday, October 6th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Trade Desk currently has a consensus rating of "Hold" and an average target price of $84.48.

Trade Desk Price Performance

TTD opened at $51.10 on Thursday. The firm has a market cap of $24.98 billion, a PE ratio of 61.57, a P/E/G ratio of 2.71 and a beta of 1.38. The stock has a 50-day moving average price of $51.50 and a 200-day moving average price of $62.53. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). The firm had revenue of $694.04 million for the quarter, compared to analysts' expectations 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 for the quarter was up 18.7% compared to the same quarter last year. During the same period last year, the company posted $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that The Trade Desk will post 1.06 EPS for the current year.

Insider Buying and Selling

In related news, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider directly 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the 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 sale, the director owned 5,035 shares in the company, valued at approximately $242,687. This represents a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company's stock.

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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