Moseley Investment Management Inc. purchased a new position in The Trade Desk (NASDAQ:TTD – Free Report) during the 2nd quarter, Holdings Channel reports. The fund purchased 2,803 shares of the technology company’s stock, valued at approximately $202,000.
Several other institutional investors have also added to or reduced their stakes in the business. Callan Family Office LLC raised its position in Trade Desk by 258.3% in the second quarter. Callan Family Office LLC now owns 28,814 shares of the technology company’s stock worth $2,074,000 after acquiring an additional 20,772 shares during the period. US Bancorp DE raised its position in Trade Desk by 1.5% in the second quarter. US Bancorp DE now owns 1,122,810 shares of the technology company’s stock worth $80,831,000 after acquiring an additional 17,066 shares during the period. Maryland State Retirement & Pension System raised its position in Trade Desk by 3.9% in the second quarter. Maryland State Retirement & Pension System now owns 21,689 shares of the technology company’s stock worth $1,561,000 after acquiring an additional 819 shares during the period. Clear Creek Financial Management LLC raised its position in Trade Desk by 32.3% in the second quarter. Clear Creek Financial Management LLC now owns 8,074 shares of the technology company’s stock worth $581,000 after acquiring an additional 1,969 shares during the period. Finally, Pure Portfolios Holdings LLC bought a new position in Trade Desk in the second quarter worth approximately $243,000. 67.77% of the stock is currently owned by institutional investors.
Insider Transactions at Trade Desk
In other news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were 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 in the company, valued at $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jay R. Grant sold 51,290 shares of the business’s stock in a transaction dated 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 owned 218,246 shares in the company, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 10.00% of the company’s stock.
Trade Desk Stock Performance
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). The company had revenue of $694.04 million for the quarter, compared to analysts’ expectations 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 was up 18.7% on a year-over-year basis. 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. On average, equities research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages have recently commented on TTD. UBS Group decreased their price objective on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Jefferies Financial Group downgraded shares of Trade Desk from a “buy” rating to a “hold” rating and decreased their price objective for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Wedbush restated an “outperform” rating and set a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. Scotiabank decreased their price objective on shares of Trade Desk from $83.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, August 8th. Finally, Moffett Nathanson downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective on the stock. in a research report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Trade Desk currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.48.
Check Out Our Latest Stock Report on Trade Desk
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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