Linden Thomas Advisory Services LLC Buys 551 Shares of The Trade Desk $TTD

Linden Thomas Advisory Services LLC increased its stake in The Trade Desk (NASDAQ:TTD) by 2.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,179 shares of the technology company’s stock after buying an additional 551 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Trade Desk were worth $1,885,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Trade Desk by 3.7% in the first quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock worth $2,420,689,000 after buying an additional 1,567,491 shares in the last quarter. Brown Advisory Inc. raised its stake in Trade Desk by 198.4% in the first quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock worth $443,358,000 after buying an additional 5,387,339 shares in the last quarter. Nuveen LLC bought a new position in Trade Desk in the first quarter worth about $191,935,000. Zevenbergen Capital Investments LLC increased its stake in shares of Trade Desk by 3.7% during the first quarter. Zevenbergen Capital Investments LLC now owns 2,169,273 shares of the technology company’s stock valued at $118,703,000 after purchasing an additional 77,890 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Trade Desk by 0.4% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,007,334 shares of the technology company’s stock valued at $144,508,000 after purchasing an additional 7,150 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $52.00 on Friday. The company’s fifty day simple moving average is $50.71 and its 200-day simple moving average is $62.73. The stock has a market capitalization of $25.42 billion, a PE ratio of 62.65, a P/E/G ratio of 2.78 and a beta of 1.38. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53.

Trade Desk (NASDAQ:TTD) last issued its quarterly 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 business had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that The Trade Desk will post 1.06 EPS for the current year.

Insiders Place Their Bets

In related 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 transaction, the insider owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk 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 disclosure for this sale can be found here. 10.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TTD has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trade Desk in a research note on Friday. Jefferies Financial Group downgraded shares of Trade Desk from a “buy” rating to a “hold” rating and decreased their target price for the company from $100.00 to $50.00 in a research note on Monday, August 11th. Wells Fargo & Company set a $53.00 target price on shares of Trade Desk and gave the company an “equal weight” rating in a research note on Monday, October 6th. Rosenblatt Securities reaffirmed a “buy” rating on shares of Trade Desk in a research note on Friday, August 8th. Finally, Oppenheimer raised their target price on shares of Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $84.48.

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.