The Trade Desk $TTD Stake Lifted by Swedbank AB

Swedbank AB increased its stake in The Trade Desk (NASDAQ:TTD) by 13.2% in the 1st quarter, HoldingsChannel reports. The fund owned 417,640 shares of the technology company’s stock after acquiring an additional 48,770 shares during the period. Swedbank AB’s holdings in Trade Desk were worth $22,853,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Anderson Financial Strategies LLC bought a new stake in Trade Desk during the first quarter worth approximately $109,000. Strs Ohio bought a new stake in Trade Desk during the first quarter worth approximately $13,872,000. Wealth Management Associates Inc. boosted its holdings in Trade Desk by 6.6% during the first quarter. Wealth Management Associates Inc. now owns 12,057 shares of the technology company’s stock worth $660,000 after buying an additional 743 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in Trade Desk by 60.2% during the first quarter. Geneos Wealth Management Inc. now owns 56,413 shares of the technology company’s stock worth $3,087,000 after buying an additional 21,199 shares in the last quarter. Finally, IFM Investors Pty Ltd boosted its holdings in Trade Desk by 1.7% during the first quarter. IFM Investors Pty Ltd now owns 80,948 shares of the technology company’s stock worth $4,429,000 after buying an additional 1,370 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on TTD shares. Rosenblatt Securities restated a “buy” rating on shares of Trade Desk in a report on Friday, August 8th. BMO Capital Markets reduced their target price on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Jefferies Financial Group cut shares of Trade Desk from a “buy” rating to a “hold” rating and reduced their target price for the stock from $100.00 to $50.00 in a report on Monday, August 11th. Piper Sandler reduced their target price on shares of Trade Desk from $65.00 to $64.00 and set a “neutral” rating for the company in a report on Friday, August 8th. Finally, Wall Street Zen lowered shares of Trade Desk from a “hold” rating to a “sell” rating in a research note on Monday, September 1st. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $87.67.

Insiders Place Their Bets

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the transaction, the director owned 5,035 shares in the company, valued at approximately $242,687. This trade represents a 21.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction 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 transaction, 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 disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

Trade Desk Stock Down 0.2%

TTD stock opened at $45.15 on Friday. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The company has a market cap of $22.08 billion, a price-to-earnings ratio of 54.40, a PEG ratio of 2.32 and a beta of 1.36. The company has a 50 day moving average of $66.75 and a two-hundred day moving average of $64.37.

Trade Desk (NASDAQ:TTD) last released its 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). 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 during the quarter, compared to analysts’ expectations of $686.00 million. During the same quarter in the previous year, the company earned $0.39 EPS. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. On average, research analysts anticipate 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.