Nissay Asset Management Corp Japan ADV Purchases 10,420 Shares of The Trade Desk $TTD

Key Points

• Nissay Asset Management Corp Japan ADV has increased its stake in The Trade Desk (TTD) by 10.4%, owning 110,580 shares valued at approximately $6.05 million as of their latest SEC filing.
• Insider Jay R. Grant sold 51,290 shares of Trade Desk stock, representing a 19.03% decrease in his position, with the transaction totaling over $4.67 million.
• The Trade Desk reported earnings of $0.18 per share for the recent quarter, missing estimates significantly, while total revenue reached $694.04 million, up 18.7% year-over-year.

Nissay Asset Management Corp Japan ADV increased its holdings in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 10.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 110,580 shares of the technology company's stock after buying an additional 10,420 shares during the quarter. Nissay Asset Management Corp Japan ADV's holdings in Trade Desk were worth $6,051,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TTD. Investment Management Corp VA ADV bought a new stake in shares of Trade Desk during the 4th quarter valued at approximately $25,000. Banque Cantonale Vaudoise acquired a new position in Trade Desk in the 1st quarter valued at approximately $26,000. Cloud Capital Management LLC acquired a new position in shares of Trade Desk during the first quarter worth $27,000. von Borstel & Associates Inc. bought a new position in Trade Desk during the 1st quarter worth $31,000. Finally, Alpine Bank Wealth Management bought a new position in Trade Desk during the 1st quarter worth $35,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TTD shares. Macquarie increased their price target on Trade Desk from $90.00 to $92.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. BMO Capital Markets reduced their target price on Trade Desk from $115.00 to $98.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. BTIG Research lowered shares of Trade Desk from a "buy" rating to a "neutral" rating in a report on Friday, August 8th. Wedbush reaffirmed an "outperform" rating and issued a $86.00 price objective on shares of Trade Desk in a research note on Tuesday, July 15th. Finally, JMP Securities reiterated a "market outperform" rating and set a $100.00 price target on shares of Trade Desk in a report on Tuesday, June 24th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $88.58.

Trade Desk Price Performance

Shares of NASDAQ:TTD traded up $0.37 during midday trading on Tuesday, hitting $52.40. 7,827,625 shares of the company's stock were exchanged, compared to its average volume of 11,161,149. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The company has a market cap of $25.62 billion, a PE ratio of 63.13, a price-to-earnings-growth ratio of 2.67 and a beta of 1.36. The stock has a 50 day moving average price of $68.89 and a 200-day moving average price of $65.05.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its quarterly 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 during the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. Trade Desk's revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. On average, analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

Insider Transactions at Trade Desk

In related 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 value of $4,676,622.20. Following the completion of 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 filing with the SEC, which can be accessed through the SEC website. Company insiders own 10.00% of the company's stock.

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.