Zhang Financial LLC Has $371,000 Holdings in The Trade Desk $TTD

Zhang Financial LLC reduced its stake in shares of The Trade Desk (NASDAQ:TTD) by 19.9% in the 2nd quarter, Holdings Channel.com reports. The firm owned 5,150 shares of the technology company’s stock after selling 1,279 shares during the quarter. Zhang Financial LLC’s holdings in Trade Desk were worth $371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in TTD. Brown Advisory Inc. raised its stake in shares of Trade Desk by 198.4% in the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock valued at $443,358,000 after buying an additional 5,387,339 shares in the last quarter. Nuveen LLC acquired a new position in shares of Trade Desk in the 1st quarter valued at $191,935,000. Vanguard Group Inc. raised its stake in shares of Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after buying an additional 1,567,491 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Trade Desk by 255.4% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock valued at $96,132,000 after buying an additional 1,262,492 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in shares of Trade Desk in the 1st quarter valued at $66,948,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction dated Wednesday, September 10th. The shares were 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. This represents a 21.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the 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 sale, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 10.00% of the stock is owned by corporate insiders.

Trade Desk Stock Performance

TTD opened at $51.67 on Wednesday. The firm’s 50-day simple moving average is $50.66 and its 200-day simple moving average is $62.80. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The firm has a market cap of $25.26 billion, a price-to-earnings ratio of 62.25, a PEG ratio of 2.86 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) 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). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. During the same period in the previous year, the company posted $0.39 EPS. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets dropped their price objective on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Weiss Ratings restated a “hold (c)” rating on shares of Trade Desk in a research note on Wednesday, October 8th. BTIG Research cut shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Rosenblatt Securities restated a “buy” rating on shares of Trade Desk in a research note on Friday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $84.00 target price on shares of Trade Desk in a report on Monday, September 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average 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.