Mn Services Vermogensbeheer B.V. Makes New Investment in The Trade Desk $TTD

Key Points

• Mn Services Vermogensbeheer B.V. has acquired a new stake in The Trade Desk, purchasing 169,100 shares valued at approximately $12.17 million in the second quarter.
• Trade Desk reported disappointing earnings, with EPS of $0.18 for the recent quarter, missing consensus estimates by $0.24, despite revenue increasing by 18.7% year-over-year.
• Analysts have mixed opinions on Trade Desk, with ratings ranging from a "strong sell" to a consensus target price of $87.21, indicating uncertainty in its market performance.

Mn Services Vermogensbeheer B.V. acquired a new stake in The Trade Desk (NASDAQ:TTD - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 169,100 shares of the technology company's stock, valued at approximately $12,174,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Investment Management Corp VA ADV purchased a new stake in shares of Trade Desk during the 4th quarter valued at approximately $25,000. Park Square Financial Group LLC bought a new position in shares of Trade Desk in the fourth quarter worth $47,000. Banque Cantonale Vaudoise purchased a new position in shares of Trade Desk in the first quarter valued at $26,000. Fourth Dimension Wealth LLC purchased a new stake in Trade Desk during the 4th quarter worth about $56,000. Finally, Cloud Capital Management LLC purchased a new position in Trade Desk during the 1st quarter valued at about $27,000. Institutional investors own 67.77% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. BTIG Research lowered shares of Trade Desk from a "buy" rating to a "neutral" rating in a research report on Friday, August 8th. Wall Street Zen downgraded shares of Trade Desk from a "hold" rating to a "sell" rating in a report on Monday, September 1st. Royal Bank Of Canada decreased their price target on shares of Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. JMP Securities reissued a "market outperform" rating and set a $100.00 price objective on shares of Trade Desk in a research note on Tuesday, June 24th. Finally, Wells Fargo & Company lowered Trade Desk from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $74.00 to $68.00 in a research note on Thursday, June 26th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Trade Desk presently has an average rating of "Hold" and an average target price of $87.21.

Trade Desk Price Performance

TTD stock traded up $0.54 during mid-day trading on Friday, hitting $44.47. 52,901,240 shares of the stock were exchanged, compared to its average volume of 14,213,349. The business has a fifty day moving average price of $63.73 and a 200 day moving average price of $63.54. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The stock has a market capitalization of $21.74 billion, a price-to-earnings ratio of 53.58, a PEG ratio of 2.32 and a beta of 1.36.

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 the consensus estimate of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million during the quarter, compared to analysts' expectations of $686.00 million. During the same period in the prior year, the company earned $0.39 EPS. The firm's quarterly 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 analysts forecast that The Trade Desk will post 1.06 EPS for the current fiscal year.

Insider Buying and Selling at Trade Desk

In related news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction dated 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 completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the firm's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the transaction, the director owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

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.