In Depth Partners LLC Boosts Stock Position in The Trade Desk $TTD

Key Points

• In Depth Partners LLC increased its stake in The Trade Desk by 39.0% in Q1 2025, now holding 125,957 shares worth approximately $6.89 million.
• The Trade Desk reported earnings per share of $0.18 for the last quarter, missing expectations by $0.24, although its revenue grew 18.7% year-over-year.
• Insider Jay R. Grant sold over 51,000 shares at an average price of $91.18, reducing his position by 19.03%.

In Depth Partners LLC boosted its holdings in The Trade Desk (NASDAQ:TTD - Free Report) by 39.0% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125,957 shares of the technology company's stock after acquiring an additional 35,334 shares during the period. Trade Desk accounts for 7.9% of In Depth Partners LLC's holdings, making the stock its 6th biggest position. In Depth Partners LLC's holdings in Trade Desk were worth $6,892,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Investment Management Corp VA ADV bought a new stake in Trade Desk in the 4th quarter valued at $25,000. Park Square Financial Group LLC bought a new stake in Trade Desk in the 4th quarter valued at $47,000. BNP Paribas bought a new stake in Trade Desk in the 4th quarter valued at $50,000. Banque Cantonale Vaudoise bought a new stake in Trade Desk in the 1st quarter valued at $26,000. Finally, Banque Transatlantique SA bought a new stake in Trade Desk in the 4th quarter valued at $56,000. Institutional investors own 67.77% of the company's stock.

Trade Desk Stock Performance

TTD opened at $53.20 on Friday. The firm has a market cap of $26.01 billion, a P/E ratio of 64.10, a price-to-earnings-growth ratio of 2.73 and a beta of 1.37. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53. The business's fifty day moving average is $72.44 and its 200-day moving average is $68.47.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its 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 company had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.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. On average, research analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction 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 sale, 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 document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wall Street Zen upgraded Trade Desk from a "sell" rating to a "hold" rating in a research note on Sunday. Truist Financial upped their price objective on Trade Desk from $95.00 to $100.00 and gave the company a "buy" rating in a report on Friday, May 9th. Royal Bank Of Canada decreased their price objective on Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. Rosenblatt Securities reaffirmed a "buy" rating on shares of Trade Desk in a report on Friday, August 8th. Finally, Wells Fargo & Company lowered Trade Desk from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $74.00 to $68.00 in a report on Thursday, June 26th. Twenty-one analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price 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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