Capital Insight Partners LLC Takes $674,000 Position in The Trade Desk $TTD

Key Points

• Capital Insight Partners LLC has acquired a new stake in The Trade Desk, purchasing 9,360 shares valued at approximately $674,000 during the second quarter.
• Other institutional investors have also increased their positions in TTD, highlighting growing interest, with notable stakes including LaFleur & Godfrey LLC investing $5,029,000.
• The Trade Desk's stock performance has been mixed, with recent analyst ratings including a downgrade from BTIG Research and a price target decrease by Morgan Stanley, now at $50.00.

Capital Insight Partners LLC purchased a new position in The Trade Desk (NASDAQ:TTD - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 9,360 shares of the technology company's stock, valued at approximately $674,000.

A number of other institutional investors also recently made changes to their positions in TTD. LaFleur & Godfrey LLC bought a new stake in shares of Trade Desk in the second quarter worth $5,029,000. Congress Park Capital LLC grew its holdings in Trade Desk by 13.2% during the 2nd quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company's stock worth $3,872,000 after acquiring an additional 6,257 shares in the last quarter. Swedbank AB increased its position in shares of Trade Desk by 32.2% in the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company's stock worth $39,757,000 after purchasing an additional 134,620 shares during the last quarter. First Bank & Trust raised its stake in shares of Trade Desk by 137.6% in the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company's stock valued at $1,668,000 after purchasing an additional 13,418 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of Trade Desk in the 2nd quarter valued at about $845,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

TTD has been the subject of several research analyst reports. Wedbush reissued an "outperform" rating and issued a $86.00 price objective on shares of Trade Desk in a report on Tuesday, July 15th. BTIG Research cut Trade Desk from a "buy" rating to a "neutral" rating in a research note on Friday, August 8th. Arete Research raised shares of Trade Desk to a "strong sell" rating in a report on Monday, July 28th. Morgan Stanley cut shares of Trade Desk from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $80.00 to $50.00 in a report on Wednesday, September 10th. Finally, Royal Bank Of Canada decreased their price target on shares of Trade Desk from $100.00 to $90.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Twenty 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's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $87.21.

Trade Desk Stock Performance

Shares of TTD stock opened at $47.14 on Monday. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The firm has a market capitalization of $23.05 billion, a PE ratio of 56.80, a price-to-earnings-growth ratio of 2.45 and a beta of 1.36. The stock has a fifty day moving average of $60.43 and a two-hundred day moving average of $63.08.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its quarterly earnings data 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). The company 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%. Trade Desk's revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. Equities research analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

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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