The Trade Desk $TTD Shares Bought by Focus Partners Wealth

Focus Partners Wealth raised its position in The Trade Desk (NASDAQ:TTD - Free Report) by 236.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,051 shares of the technology company's stock after acquiring an additional 107,538 shares during the quarter. Focus Partners Wealth's holdings in Trade Desk were worth $8,375,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Investment Management Corp VA ADV acquired a new position in Trade Desk in the 4th quarter worth $25,000. Banque Cantonale Vaudoise acquired a new stake in shares of Trade Desk during the first quarter valued at about $26,000. Cloud Capital Management LLC purchased a new stake in shares of Trade Desk during the first quarter worth about $27,000. von Borstel & Associates Inc. purchased a new stake in shares of Trade Desk during the first quarter worth about $31,000. Finally, Alpine Bank Wealth Management acquired a new position in shares of Trade Desk in the first quarter worth about $35,000. Hedge funds and other institutional investors own 67.77% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Citigroup reaffirmed a "neutral" rating and issued a $65.00 price target (down from $90.00) on shares of Trade Desk in a report on Friday, August 8th. Moffett Nathanson downgraded shares of Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 target price for the company. in a research report on Friday, August 8th. Royal Bank Of Canada reduced their price target on shares of Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Jefferies Financial Group downgraded Trade Desk from a "buy" rating to a "hold" rating and decreased their price target for the stock from $100.00 to $50.00 in a research note on Monday, August 11th. Finally, Wall Street Zen lowered Trade Desk from a "hold" rating to a "sell" rating in a report on Monday, September 1st. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $87.67.

Insider Buying and Selling at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the transaction, the director owned 5,035 shares of the company's stock, valued at approximately $242,687. This trade represents a 21.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction that occurred 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 completion of the sale, the insider owned 218,246 shares of the company's stock, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company's stock.

Trade Desk Stock Performance

NASDAQ:TTD opened at $45.15 on Friday. The stock has a market cap of $22.08 billion, a price-to-earnings ratio of 54.40, a PEG ratio of 2.32 and a beta of 1.36. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The business has a fifty day moving average of $66.75 and a 200-day moving average of $64.37.

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

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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