The Trade Desk $TTD Position Increased by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP increased its position in The Trade Desk by 139.2%, owning 19,499 shares valued at approximately $1.07 million as of their latest SEC filing.
• Insider Jay R. Grant sold 51,290 shares of Trade Desk, reducing their ownership by 19.03% amid significant trading activity in the company's stock.
• Several analysts have downgraded Trade Desk's stock ratings, with Moffett Nathanson setting a target price of $45, while others maintained "buy" ratings with targets as high as $100.

Voleon Capital Management LP lifted its stake in The Trade Desk (NASDAQ:TTD - Free Report) by 139.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,499 shares of the technology company's stock after buying an additional 11,348 shares during the period. Voleon Capital Management LP's holdings in Trade Desk were worth $1,067,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of TTD. Brighton Jones LLC lifted its stake in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock worth $539,000 after acquiring an additional 169 shares in the last quarter. Bison Wealth LLC lifted its stake in shares of Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company's stock worth $291,000 after acquiring an additional 485 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Trade Desk by 59.4% in the fourth quarter. Captrust Financial Advisors now owns 22,958 shares of the technology company's stock worth $2,698,000 after acquiring an additional 8,554 shares in the last quarter. Ethic Inc. acquired a new position in shares of Trade Desk in the fourth quarter worth about $424,000. Finally, Graham Capital Management L.P. raised its stake in Trade Desk by 17.6% during the fourth quarter. Graham Capital Management L.P. now owns 5,785 shares of the technology company's stock valued at $680,000 after buying an additional 865 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Jefferies Financial Group cut Trade Desk from a "buy" rating to a "hold" rating and cut their price objective for the company from $100.00 to $50.00 in a research note on Monday, August 11th. Rosenblatt Securities restated a "buy" rating on shares of Trade Desk in a research note on Friday, August 8th. Hsbc Global Res cut Trade Desk from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 11th. Royal Bank Of Canada cut their price objective on Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $84.00 price target on shares of Trade Desk in a research report on Monday. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $88.58.

Trade Desk Stock Up 0.7%

NASDAQ TTD traded up $0.37 on Tuesday, reaching $52.40. 7,869,379 shares of the stock traded hands, compared to its average volume of 12,228,554. The firm's fifty day simple moving average is $68.47 and its 200 day simple moving average is $64.96. The company has a market cap of $25.62 billion, a price-to-earnings ratio of 63.13, a P/E/G ratio of 2.67 and a beta of 1.36. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53.

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

Insider Buying and Selling at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of the firm's stock in a transaction on Thursday, August 7th. The stock was 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 directly owned 218,246 shares of the company's stock, valued at $19,899,670.28. This trade represents a 19.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 10.00% of the stock is currently owned by corporate insiders.

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.