The Trade Desk $TTD Shares Sold by D.A. Davidson & CO.

Key Points

• D.A. Davidson & CO. reduced its stake in The Trade Desk by 34.2%, selling 20,691 shares and now holds 39,847 shares valued at approximately $2.87 million.
• Insider Jay R. Grant sold 51,290 shares of Trade Desk stock for over $4.67 million, which represents a 19.03% decrease in their ownership.
• Trade Desk's stock has a current price of $52.00, with a 52-week range between $42.96 and $141.53, and the company reported a quarterly revenue increase of 18.7% year-over-year.

D.A. Davidson & CO. decreased its position in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 34.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,847 shares of the technology company's stock after selling 20,691 shares during the quarter. D.A. Davidson & CO.'s holdings in Trade Desk were worth $2,869,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. LaFleur & Godfrey LLC acquired a new position in Trade Desk in the second quarter valued at about $5,029,000. Congress Park Capital LLC lifted its position in Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company's stock valued at $3,872,000 after buying an additional 6,257 shares during the last quarter. Swedbank AB lifted its position in Trade Desk by 32.2% in the second quarter. Swedbank AB now owns 552,260 shares of the technology company's stock valued at $39,757,000 after buying an additional 134,620 shares during the last quarter. First Bank & Trust lifted its position in Trade Desk by 137.6% in the second quarter. First Bank & Trust now owns 23,166 shares of the technology company's stock valued at $1,668,000 after buying an additional 13,418 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in Trade Desk in the second quarter valued at about $845,000. Institutional investors and hedge funds own 67.77% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Citigroup reaffirmed an "outperform" rating on shares of Trade Desk in a research report on Tuesday, September 30th. Zacks Research cut shares of Trade Desk from a "hold" rating to a "strong sell" rating in a research report on Monday, October 13th. HSBC reaffirmed a "hold" rating and issued a $56.00 target price on shares of Trade Desk in a research report on Monday, August 11th. Wells Fargo & Company set a $53.00 price target on shares of Trade Desk and gave the stock an "equal weight" rating in a research report on Monday, October 6th. Finally, 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. Twenty-one research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Trade Desk has an average rating of "Hold" and an average target price of $84.48.

Insider Buying and Selling

In related news, 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 sale, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company'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 sale, the director owned 5,035 shares in the company, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by corporate insiders.

Trade Desk Stock Performance

TTD stock opened at $52.00 on Friday. The company's 50 day moving average price is $50.71 and its 200 day moving average price is $62.73. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53. The firm has a market capitalization of $25.42 billion, a price-to-earnings ratio of 62.65, a PEG ratio of 2.78 and a beta of 1.38.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $686.00 million. During the same quarter in the previous year, the company posted $0.39 earnings per share. The firm's quarterly revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. Equities analysts forecast that The Trade Desk will post 1.06 EPS 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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