The Trade Desk $TTD Position Boosted by Jump Financial LLC

Key Points

• Jump Financial LLC increased its shares in The Trade Desk by 319.1%, acquiring an additional 456,307 shares, bringing its total to 599,327 shares worth approximately $32.8 million.
• The Trade Desk reported a Q2 EPS of $0.18, missing estimates by $0.24, while revenue was $694.04 million, exceeding expectations of $686 million, indicating an 18.7% year-over-year increase.
• Institutional investors currently own 67.77% of Trade Desk, with research firms providing mixed ratings and price targets for the stock, highlighting increased investor interest.

Jump Financial LLC boosted its position in The Trade Desk (NASDAQ:TTD - Free Report) by 319.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 599,327 shares of the technology company's stock after acquiring an additional 456,307 shares during the quarter. Jump Financial LLC owned 0.12% of Trade Desk worth $32,795,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TTD. Brown Advisory Inc. boosted its holdings in Trade Desk by 198.4% in the first quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company's stock valued at $443,358,000 after acquiring an additional 5,387,339 shares during the last quarter. Nuveen LLC acquired a new position in Trade Desk in the first quarter valued at $191,935,000. Vanguard Group Inc. boosted its holdings in Trade Desk by 3.7% in the first 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 during the last quarter. Nuveen Asset Management LLC boosted its holdings in Trade Desk by 22.6% in the fourth 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 during the last quarter. Finally, Congress Asset Management Co. raised its position in Trade Desk by 47.1% in the first quarter. Congress Asset Management Co. now owns 1,478,070 shares of the technology company's stock valued at $80,880,000 after purchasing an additional 473,132 shares during the period. Institutional investors and hedge funds own 67.77% of the company's stock.

Trade Desk Stock Up 1.7%

Shares of Trade Desk stock traded up $0.90 during trading hours on Friday, hitting $53.20. 10,200,340 shares of the company's stock traded hands, compared to its average volume of 19,232,118. The stock has a 50 day simple moving average of $72.44 and a 200-day simple moving average of $68.15. The company has a market cap of $26.01 billion, a PE ratio of 64.10, 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.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The firm's revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that The Trade Desk will post 1.06 EPS for the current year.

Insider Buying and Selling

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction on 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 transaction, the insider directly owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 10.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TTD has been the topic of several research reports. Needham & Company LLC reissued a "buy" rating and issued a $84.00 price objective on shares of Trade Desk in a research report on Monday, August 11th. DA Davidson cut their price objective on Trade Desk from $103.00 to $92.00 and set a "buy" rating on the stock in a research report on Friday, May 9th. Morgan Stanley raised their price objective on Trade Desk from $60.00 to $80.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Hsbc Global Res lowered Trade Desk from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Finally, BTIG Research lowered Trade Desk from a "buy" rating to a "neutral" rating in a research report on Friday, August 8th. 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus 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.