Algert Global LLC Increases Holdings in The Trade Desk $TTD

Algert Global LLC lifted its holdings in The Trade Desk (NASDAQ:TTD) by 56.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,340 shares of the technology company’s stock after acquiring an additional 23,807 shares during the period. Algert Global LLC’s holdings in Trade Desk were worth $3,630,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DDFG Inc increased its stake in Trade Desk by 29.4% during the first quarter. DDFG Inc now owns 4,400 shares of the technology company’s stock worth $241,000 after acquiring an additional 1,000 shares during the last quarter. Element Capital Management LLC purchased a new position in shares of Trade Desk in the 1st quarter worth approximately $2,538,000. Trivium Point Advisory LLC increased its position in shares of Trade Desk by 99.0% during the 1st quarter. Trivium Point Advisory LLC now owns 3,910 shares of the technology company’s stock valued at $214,000 after purchasing an additional 1,945 shares during the last quarter. Oak Ridge Investments LLC increased its position in shares of Trade Desk by 114.6% during the 1st quarter. Oak Ridge Investments LLC now owns 7,951 shares of the technology company’s stock valued at $435,000 after purchasing an additional 4,246 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its holdings in Trade Desk by 29.4% during the 1st quarter. Vestmark Advisory Solutions Inc. now owns 96,419 shares of the technology company’s stock valued at $5,276,000 after buying an additional 21,933 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Price Performance

Shares of TTD opened at $52.53 on Wednesday. The firm has a market capitalization of $25.68 billion, a price-to-earnings ratio of 63.29, a PEG ratio of 2.82 and a beta of 1.37. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53. The company has a 50-day moving average of $73.50 and a 200 day moving average of $69.77.

Trade Desk (NASDAQ:TTD) last issued its earnings results 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 return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. During the same period last year, the business posted $0.39 earnings per share. The business’s revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of Trade Desk 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. The trade was a 19.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.00% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. BTIG Research downgraded Trade Desk from a “buy” rating to a “neutral” rating in a research report on Friday, August 8th. UBS Group lowered their target price on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a report on Friday, August 15th. Scotiabank dropped their price target on shares of Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a research note on Friday, August 8th. Citigroup reissued a “neutral” rating and issued a $65.00 price objective (down from $90.00) on shares of Trade Desk in a research report on Friday, August 8th. Finally, KeyCorp raised their price objective on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, Trade Desk currently has an average rating of “Moderate Buy” and an average target price of $88.58.

About Trade Desk

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.