The Trade Desk $TTD Stock Position Raised by FNY Investment Advisers LLC

Key Points

• FNY Investment Advisers LLC increased its stake in The Trade Desk by 1,777.9%, owning 5,352 shares worth $385,000 at the end of the latest quarter.
• Multiple institutional investors modified their holdings in Trade Desk, with notable acquisitions, raising the total institutional ownership to 67.77%.
• The Trade Desk reported quarterly earnings of $0.18 per share, missing the consensus estimate, while revenue rose to $694.04 million, reflecting an 18.7% year-over-year increase.

FNY Investment Advisers LLC lifted its stake in shares of The Trade Desk (NASDAQ:TTD - Free Report) by 1,777.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,352 shares of the technology company's stock after acquiring an additional 5,067 shares during the quarter. FNY Investment Advisers LLC's holdings in Trade Desk were worth $385,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LaFleur & Godfrey LLC acquired a new stake in shares of Trade Desk in the second quarter worth $5,029,000. Congress Park Capital LLC boosted its position in shares of Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company's stock worth $3,872,000 after buying an additional 6,257 shares during the period. Swedbank AB boosted its position in shares of Trade Desk by 32.2% in the second quarter. Swedbank AB now owns 552,260 shares of the technology company's stock worth $39,757,000 after buying an additional 134,620 shares during the period. First Bank & Trust boosted its position in shares of Trade Desk by 137.6% in the second quarter. First Bank & Trust now owns 23,166 shares of the technology company's stock worth $1,668,000 after buying an additional 13,418 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of Trade Desk in the second quarter worth $845,000. 67.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on TTD shares. BMO Capital Markets decreased their target price on Trade Desk from $115.00 to $98.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Citigroup reaffirmed an "outperform" rating on shares of Trade Desk in a research report on Tuesday, September 30th. Guggenheim set a $55.00 target price on Trade Desk and gave the stock a "buy" rating in a research report on Monday, September 29th. Jefferies Financial Group cut Trade Desk from a "buy" rating to a "hold" rating and decreased their target price for the stock from $100.00 to $50.00 in a research report on Monday, August 11th. Finally, Hsbc Global Res lowered Trade Desk from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, Trade Desk presently has a consensus rating of "Hold" and a consensus price target of $84.48.

Insider Activity

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm's 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 sale, the director directly owned 5,035 shares of the company's stock, valued at approximately $242,687. This trade represents a 21.79% decrease in their ownership of the stock. 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 firm's stock in a transaction dated 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 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 disclosure for this sale can be found here. 10.00% of the stock is owned by company insiders.

Trade Desk Trading Down 0.1%

Shares of NASDAQ:TTD opened at $53.89 on Thursday. 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 simple moving average of $50.64 and a 200 day simple moving average of $62.51. The firm has a market cap of $26.35 billion, a price-to-earnings ratio of 64.93, a P/E/G ratio of 2.88 and a beta of 1.38.

Trade Desk (NASDAQ:TTD - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The company had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. During the same quarter last year, the business earned $0.39 earnings per share. 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. On average, sell-side analysts forecast that The Trade Desk will post 1.06 EPS for the current year.

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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