The Trade Desk $TTD Stock Position Raised by Callan Family Office LLC

Key Points

• Callan Family Office LLC increased its stake in The Trade Desk by 258.3% in Q2, now owning 28,814 shares valued at over $2 million.
• Insider sales include a significant transaction by Jay R. Grant, who sold 51,290 shares, reducing his holdings by 19.03%.
• Trade Desk reported Q2 earnings with an EPS of $0.18, missing expectations, despite revenue of $694.04 million, which represents an 18.7% increase year-over-year.

Callan Family Office LLC lifted its stake in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 258.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,814 shares of the technology company's stock after acquiring an additional 20,772 shares during the quarter. Callan Family Office LLC's holdings in Trade Desk were worth $2,074,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Banque Cantonale Vaudoise acquired a new stake in shares of Trade Desk in the first quarter worth $26,000. Sound Income Strategies LLC raised its holdings in Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock valued at $26,000 after buying an additional 270 shares in the last quarter. Cloud Capital Management LLC bought a new position in Trade Desk during the first quarter valued at about $27,000. von Borstel & Associates Inc. bought a new position in Trade Desk during the first quarter valued at about $31,000. Finally, West Oak Capital LLC raised its holdings in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company's stock valued at $31,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company's stock.

Insiders Place Their Bets

In related news, insider Jay R. Grant sold 51,290 shares of the company's stock in a transaction on Thursday, August 7th. The shares were 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 owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company's 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 of the company's stock, valued at approximately $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 owned by corporate insiders.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $52.36 on Friday. The Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53. The firm has a fifty day moving average of $53.78 and a two-hundred day moving average of $62.69. The stock has a market capitalization of $25.60 billion, a price-to-earnings ratio of 63.09, a PEG ratio of 2.80 and a beta of 1.38.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TTD. Wells Fargo & Company set a $53.00 price target on Trade Desk and gave the company an "equal weight" rating in a research report on Monday, October 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $84.00 price objective on shares of Trade Desk in a report on Monday, September 8th. Royal Bank Of Canada decreased their price objective on Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a report on Friday, August 8th. HSBC reissued a "hold" rating and issued a $56.00 target price on shares of Trade Desk in a report on Monday, August 11th. 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 research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Trade Desk currently has an average rating of "Moderate Buy" and an average target price of $84.48.

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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