Campbell & CO Investment Adviser LLC Raises Stock Holdings in The Trade Desk $TTD

Key Points

• Campbell & CO Investment Adviser LLC significantly increased its stake in The Trade Desk by 1,544.1%, owning 31,781 shares valued at approximately $1.74 million by the end of the first quarter.
• Despite a revenue increase of 18.7% year-over-year, The Trade Desk reported an EPS of $0.18 in its latest earnings, falling short of the expected $0.42.
• Several analysts downgraded their price targets for Trade Desk, with Jefferies Financial Group lowering its target from $100 to $50, indicating a shift in market sentiment.

Campbell & CO Investment Adviser LLC boosted its stake in The Trade Desk (NASDAQ:TTD - Free Report) by 1,544.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 31,781 shares of the technology company's stock after buying an additional 29,848 shares during the period. Campbell & CO Investment Adviser LLC's holdings in Trade Desk were worth $1,739,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of TTD. Brown Advisory Inc. raised its holdings 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 valued at $443,358,000 after buying an additional 5,387,339 shares during the period. Nuveen LLC acquired a new position in Trade Desk in the 1st quarter valued at about $191,935,000. Vanguard Group Inc. grew its position in Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company's stock valued at $2,420,689,000 after acquiring an additional 1,567,491 shares in the last quarter. Nuveen Asset Management LLC grew its position in Trade Desk by 22.6% in the 4th quarter. Nuveen Asset Management LLC now owns 2,844,036 shares of the technology company's stock valued at $334,260,000 after acquiring an additional 523,627 shares in the last quarter. Finally, Congress Asset Management Co. grew its position in Trade Desk by 47.1% in the 1st quarter. Congress Asset Management Co. now owns 1,478,070 shares of the technology company's stock valued at $80,880,000 after acquiring an additional 473,132 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Trade Desk

In other 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 transaction of $4,676,622.20. Following the completion of the sale, the insider owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.00% of the stock is owned by company insiders.

Trade Desk Trading Down 1.6%

TTD stock opened at $52.37 on Tuesday. The company has a market capitalization of $25.61 billion, a P/E ratio of 63.10, a PEG ratio of 2.73 and a beta of 1.37. 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 $72.08 and a 200-day simple moving average of $67.69.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts' expectations of $686.00 million. During the same quarter last year, the company earned $0.39 EPS. Trade Desk'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. Research analysts predict that The Trade Desk will post 1.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have weighed in on TTD. Jefferies Financial Group downgraded Trade Desk from a "buy" rating to a "hold" rating and dropped their target price for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Citizens Jmp dropped their target price on Trade Desk from $115.00 to $100.00 and set an "outperform" rating for the company in a research report on Friday, May 9th. Bank of America reaffirmed an "underperform" rating and issued a $55.00 target price (down from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Royal Bank Of Canada cut their target price on shares of Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Finally, Evercore ISI upgraded shares of Trade Desk from an "in-line" rating to an "outperform" rating and set a $90.00 target price on the stock in a research note on Friday, June 27th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $88.58.

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.

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.