Schroder Investment Management Group Acquires 324,173 Shares of The Trade Desk $TTD

Key Points

• Schroder Investment Management Group raised its stake in The Trade Desk by 56.8%, buying 324,173 shares to hold 895,150 shares worth about $64.44 million (≈0.18% of the company) at quarter-end.
• The Trade Desk beat quarterly estimates with $0.45 EPS vs. $0.44 and $739.4M revenue (up 17.7% YoY), and its board approved a $500 million stock buyback authorization (up to ~2.1% of shares).
• Institutional investors own about 67.77% of the stock as several large funds increased positions; analysts' consensus is a "Moderate Buy" with an average target of $77.19 while the shares trade near a 12‑month low (~$39) and a market cap of $19.14B.

Schroder Investment Management Group increased its holdings in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 56.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 895,150 shares of the technology company's stock after purchasing an additional 324,173 shares during the period. Schroder Investment Management Group owned approximately 0.18% of Trade Desk worth $64,442,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company's stock worth $884,860,000 after buying an additional 4,218,975 shares during the last quarter. Nuveen LLC acquired a new stake in shares of Trade Desk in the first quarter worth $191,935,000. Norges Bank acquired a new stake in shares of Trade Desk in the second quarter worth $197,362,000. Jennison Associates LLC increased its position in Trade Desk by 17.9% during the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company's stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares during the period. Finally, Vanguard Group Inc. raised its stake in Trade Desk by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company's stock valued at $2,420,689,000 after purchasing an additional 1,567,491 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company's stock.

Trade Desk Stock Up 1.2%

Shares of TTD opened at $39.59 on Monday. The company has a 50-day moving average price of $47.38 and a two-hundred day moving average price of $60.69. The stock has a market cap of $19.14 billion, a price-to-earnings ratio of 45.50, a P/E/G ratio of 1.96 and a beta of 1.07. The Trade Desk has a 12 month low of $38.22 and a 12 month high of $141.53.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $739.43 million for the quarter, compared to analyst estimates of $719.11 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The company's revenue was up 17.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. Trade Desk has set its Q4 2025 guidance at EPS. Equities research analysts expect that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a stock buyback plan on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Insiders Place Their Bets

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction 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 directly owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 10.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on TTD shares. BTIG Research lowered shares of Trade Desk from a "buy" rating to a "neutral" rating in a research report on Friday, August 8th. Piper Sandler reduced their target price on shares of Trade Desk from $65.00 to $64.00 and set a "neutral" rating for the company in a research note on Friday, August 8th. Stifel Nicolaus lowered their price target on Trade Desk from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Rosenblatt Securities cut their price target on Trade Desk from $78.00 to $64.00 and set a "buy" rating for the company in a report on Friday, November 7th. Finally, UBS Group reissued a "buy" rating and set a $82.00 price objective (up previously from $80.00) on shares of Trade Desk in a report on Friday, November 7th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $77.19.

Trade Desk 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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