Axxcess Wealth Management LLC Sells 794 Shares of The Trade Desk $TTD

Axxcess Wealth Management LLC trimmed its position in shares of The Trade Desk (NASDAQ:TTD) by 21.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,862 shares of the technology company’s stock after selling 794 shares during the period. Axxcess Wealth Management LLC’s holdings in Trade Desk were worth $206,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Trade Desk by 3.8% in the 4th 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 grew its stake in Trade Desk by 24.3% in the 4th 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. Blue Trust Inc. grew its stake in Trade Desk by 393.1% in the 1st quarter. Blue Trust Inc. now owns 3,560 shares of the technology company’s stock worth $195,000 after acquiring an additional 2,838 shares in the last quarter. PFG Investments LLC grew its stake in Trade Desk by 233.8% in the 1st quarter. PFG Investments LLC now owns 9,290 shares of the technology company’s stock worth $508,000 after acquiring an additional 6,507 shares in the last quarter. Finally, Kentucky Retirement Systems bought a new position in Trade Desk in the 1st quarter worth about $1,668,000. 67.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of Trade Desk 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 completion of the sale, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% 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 Up 0.2%

NASDAQ:TTD opened at $49.98 on Monday. The Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53. The firm has a 50 day moving average of $50.65 and a 200 day moving average of $62.58. The stock has a market capitalization of $24.44 billion, a price-to-earnings ratio of 60.22, a PEG ratio of 2.67 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last posted 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). 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 period in the prior year, the business posted $0.39 EPS. The company’s quarterly revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. As a group, analysts expect that The Trade Desk will post 1.06 EPS for the current year.

Analyst Upgrades and Downgrades

TTD has been the topic of a number of research analyst reports. Royal Bank Of Canada dropped their target price on shares of Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Wedbush restated an “outperform” rating and issued a $86.00 target price on shares of Trade Desk in a research note on Tuesday, July 15th. Stifel Nicolaus dropped their target price on shares of Trade Desk from $95.00 to $90.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. UBS Group dropped their target price on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating on the stock in a research note on Friday, August 15th. Finally, Scotiabank dropped 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 note on Friday, August 8th. Twenty-one 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.com, the company currently has an average rating of “Hold” and a consensus price target of $84.48.

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.