The Trade Desk $TTD Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lowered its stake in The Trade Desk (NASDAQ:TTD - Free Report) by 61.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,014 shares of the technology company's stock after selling 13,026 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Trade Desk were worth $578,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC boosted its holdings in Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock valued at $26,000 after purchasing an additional 270 shares during the last quarter. West Oak Capital LLC boosted its holdings in Trade Desk by 466.7% in the second quarter. West Oak Capital LLC now owns 425 shares of the technology company's stock valued at $31,000 after purchasing an additional 350 shares during the last quarter. Banque Cantonale Vaudoise purchased a new position in Trade Desk in the first quarter valued at about $26,000. HighMark Wealth Management LLC boosted its holdings in Trade Desk by 46.2% in the second quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company's stock valued at $34,000 after purchasing an additional 151 shares during the last quarter. Finally, Vermillion Wealth Management Inc. boosted its holdings in Trade Desk by 400.0% in the second quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company's stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TTD. KeyCorp increased their price target on Trade Desk from $80.00 to $95.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $84.00 target price on shares of Trade Desk in a report on Monday, September 8th. Wedbush reaffirmed an "outperform" rating and set a $86.00 target price on shares of Trade Desk in a report on Tuesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Trade Desk in a report on Wednesday, October 8th. Finally, JMP Securities set a $60.00 target price on Trade Desk and gave the stock a "market outperform" rating in a report on Tuesday, September 30th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $84.48.

Insider Activity at Trade Desk

In related news, insider Jay R. Grant sold 51,290 shares of the firm's stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. This trade represents a 21.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company's stock.

Trade Desk Trading Up 0.2%

Shares of NASDAQ TTD opened at $49.98 on Monday. The company has a market cap of $24.44 billion, a price-to-earnings ratio of 60.22, a price-to-earnings-growth ratio of 2.67 and a beta of 1.38. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The stock's 50 day simple moving average is $50.65 and its 200 day simple moving average is $62.58.

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 (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). The company had revenue of $694.04 million during 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 company's revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

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.

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