Geneos Wealth Management Inc. Buys 21,199 Shares of The Trade Desk $TTD

Key Points

• Geneos Wealth Management Inc. increased its ownership of The Trade Desk by 60.2%, acquiring an additional 21,199 shares, bringing its total to 56,413 shares valued at approximately $3,087,000.
• Insider Jay R. Grant sold 51,290 shares of The Trade Desk at an average price of $91.18, resulting in a total sale of about $4.68 million, reducing his stake by 19.03%.
• The Trade Desk reported earnings of $0.18 per share for the latest quarter, missing analysts' estimates, despite revenues of $694.04 million being above expectations.

Geneos Wealth Management Inc. raised its stake in The Trade Desk (NASDAQ:TTD - Free Report) by 60.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,413 shares of the technology company's stock after buying an additional 21,199 shares during the period. Geneos Wealth Management Inc.'s holdings in Trade Desk were worth $3,087,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TTD. Brighton Jones LLC grew its holdings in shares of Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock valued at $539,000 after purchasing an additional 169 shares during the last quarter. Bison Wealth LLC grew its holdings in shares of Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company's stock valued at $291,000 after purchasing an additional 485 shares during the last quarter. Ethic Inc. bought a new position in shares of Trade Desk during the 4th quarter valued at $424,000. Graham Capital Management L.P. grew its holdings in shares of Trade Desk by 17.6% during the 4th quarter. Graham Capital Management L.P. now owns 5,785 shares of the technology company's stock valued at $680,000 after purchasing an additional 865 shares during the last quarter. Finally, Gotham Asset Management LLC grew its holdings in shares of Trade Desk by 133.9% during the 4th quarter. Gotham Asset Management LLC now owns 9,061 shares of the technology company's stock valued at $1,065,000 after purchasing an additional 5,187 shares during the last quarter. Institutional investors own 67.77% of the company's stock.

Insiders Place Their Bets

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the firm's stock in a transaction dated Thursday, August 7th. The shares were 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 directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.00% of the company's stock.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $45.24 on Friday. The company has a 50-day moving average of $67.34 and a 200 day moving average of $64.63. The firm has a market cap of $22.12 billion, a price-to-earnings ratio of 54.51, a PEG ratio of 2.37 and a beta of 1.36. 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 issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm's revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that The Trade Desk will post 1.06 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Citigroup reaffirmed a "neutral" rating and set a $65.00 target price (down previously from $90.00) on shares of Trade Desk in a report on Friday, August 8th. BMO Capital Markets dropped their target price on shares of Trade Desk from $115.00 to $98.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. KeyCorp raised 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. Jefferies Financial Group cut shares of Trade Desk from a "buy" rating to a "hold" rating and dropped their target price for the stock from $100.00 to $50.00 in a research report on Monday, August 11th. Finally, Hsbc Global Res cut shares of Trade Desk from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Trade Desk currently has an average rating of "Hold" and a consensus target price of $87.67.

About Trade Desk

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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