CW Advisors LLC Increases Stake in The Trade Desk $TTD

Key Points

• CW Advisors LLC increased its stake in The Trade Desk by 44.1%, owning approximately 268,942 shares worth $14,720,000 after purchasing an additional 82,292 shares.
• Several institutional investors, including GAMMA Investing LLC and LBP AM SA, significantly increased their holdings in The Trade Desk during the first quarter, with hedge funds owning 67.77% of the company's stock.
• In recent earnings, The Trade Desk reported a loss in EPS of $0.18, missing estimates, despite an 18.7% year-over-year revenue increase to $694.04 million.

CW Advisors LLC increased its holdings in The Trade Desk (NASDAQ:TTD - Free Report) by 44.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 268,942 shares of the technology company's stock after purchasing an additional 82,292 shares during the period. CW Advisors LLC owned approximately 0.05% of Trade Desk worth $14,720,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. GAMMA Investing LLC raised its holdings in Trade Desk by 3,876.8% during the 1st quarter. GAMMA Investing LLC now owns 91,984 shares of the technology company's stock valued at $5,033,000 after buying an additional 89,671 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in Trade Desk during the 1st quarter valued at $995,000. LBP AM SA raised its holdings in Trade Desk by 116.1% during the 1st quarter. LBP AM SA now owns 64,154 shares of the technology company's stock valued at $3,511,000 after buying an additional 34,465 shares during the last quarter. Bryce Point Capital LLC raised its holdings in Trade Desk by 302.9% during the 1st quarter. Bryce Point Capital LLC now owns 16,727 shares of the technology company's stock valued at $915,000 after buying an additional 12,575 shares during the last quarter. Finally, Peregrine Capital Management LLC raised its holdings in Trade Desk by 40.2% during the 1st quarter. Peregrine Capital Management LLC now owns 579,877 shares of the technology company's stock valued at $31,731,000 after buying an additional 166,332 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company's stock.

Insider Buying and Selling

In other Trade Desk 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 value of $4,676,622.20. Following the completion of the transaction, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 10.00% of the company's stock.

Trade Desk Trading Down 0.4%

Shares of TTD opened at $52.30 on Friday. The firm has a market capitalization of $25.57 billion, a P/E ratio of 63.01, a P/E/G ratio of 2.70 and a beta of 1.37. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The firm has a fifty day moving average price of $72.73 and a 200-day moving average price of $69.20.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its 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). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The company had revenue of $694.04 million for the quarter, compared to analysts' expectations of $686.00 million. During the same period in the prior year, the firm posted $0.39 earnings per share. The firm'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. Analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Trade Desk from $60.00 to $80.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Evercore ISI raised shares of Trade Desk from an "in-line" rating to an "outperform" rating and set a $90.00 price target on the stock in a report on Friday, June 27th. Jefferies Financial Group downgraded shares of Trade Desk from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $100.00 to $50.00 in a report on Monday, August 11th. Macquarie raised their price objective on shares of Trade Desk from $90.00 to $92.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Finally, UBS Group lowered their price target on shares of Trade Desk from $105.00 to $80.00 and set a "buy" rating on the stock in a report on Friday, August 15th. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus 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.

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