Leibman Financial Services Inc. Increases Stock Holdings in The Trade Desk $TTD

Leibman Financial Services Inc. raised its stake in The Trade Desk (NASDAQ:TTD - Free Report) by 18.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,757 shares of the technology company's stock after purchasing an additional 7,425 shares during the quarter. Trade Desk accounts for 2.6% of Leibman Financial Services Inc.'s investment portfolio, making the stock its 13th biggest holding. Leibman Financial Services Inc.'s holdings in Trade Desk were worth $3,438,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Investment Management Corp VA ADV purchased a new position in shares of Trade Desk in the 4th quarter valued at approximately $25,000. Park Square Financial Group LLC purchased a new position in shares of Trade Desk in the 4th quarter valued at approximately $47,000. Banque Cantonale Vaudoise purchased a new position in shares of Trade Desk in the 1st quarter valued at approximately $26,000. Fourth Dimension Wealth LLC purchased a new position in shares of Trade Desk in the 4th quarter valued at approximately $56,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Trade Desk in the 1st quarter valued at approximately $27,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on TTD shares. JMP Securities restated a "market outperform" rating and issued a $100.00 price target on shares of Trade Desk in a research note on Tuesday, June 24th. Rosenblatt Securities restated a "buy" rating on shares of Trade Desk in a research note on Friday, August 8th. Wall Street Zen downgraded Trade Desk from a "hold" rating to a "sell" rating in a research note on Monday, September 1st. Scotiabank decreased their price target on Trade Desk from $83.00 to $60.00 and set a "sector perform" rating on the stock in a research note on Friday, August 8th. Finally, Arete Research upgraded Trade Desk to a "strong sell" rating in a research note on Monday, July 28th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $87.67.

Trade Desk Stock Performance

Shares of TTD stock opened at $44.90 on Wednesday. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The stock has a market cap of $21.95 billion, a PE ratio of 54.10, a P/E/G ratio of 2.37 and a beta of 1.36. The stock has a fifty day moving average price of $65.61 and a 200 day moving average price of $64.01.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings results 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). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million during the quarter, compared to analyst estimates of $686.00 million. During the same period last year, the firm earned $0.39 earnings per share. The business's revenue was up 18.7% compared to the same quarter last year. 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 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Jay R. Grant sold 51,290 shares of the business's stock in a transaction on Thursday, August 7th. The stock was 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 of the company's stock, valued at $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the business's stock in a transaction on Wednesday, September 10th. The stock was 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 of the company's stock, valued at approximately $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 10.00% of the company's stock.

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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