National Pension Service Sells 759,127 Shares of The Trade Desk $TTD

National Pension Service lowered its holdings in shares of The Trade Desk (NASDAQ:TTD) by 50.3% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 748,724 shares of the technology company’s stock after selling 759,127 shares during the period. National Pension Service owned about 0.15% of Trade Desk worth $53,901,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC increased its position in Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares in the last quarter. West Oak Capital LLC increased its holdings in shares of Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after buying an additional 350 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Trade Desk in the 1st quarter valued at $26,000. HighMark Wealth Management LLC grew its position in Trade Desk by 46.2% during the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock worth $34,000 after acquiring an additional 151 shares during the last quarter. Finally, Vermillion Wealth Management Inc. increased its holdings in Trade Desk by 400.0% in the 2nd quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock worth $36,000 after purchasing an additional 400 shares in the last quarter. Institutional investors own 67.77% of the company’s stock.

Analyst Ratings Changes

TTD has been the topic of a number of recent research reports. Evercore ISI cut their price target on Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Oppenheimer raised their price target 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. Stifel Nicolaus decreased their price objective on Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, August 8th. Finally, Rosenblatt Securities cut their target price on Trade Desk from $78.00 to $64.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Twenty-one analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $78.33.

Trade Desk Price Performance

Shares of NASDAQ:TTD opened at $42.87 on Friday. The Trade Desk has a 1 year low of $41.77 and a 1 year high of $141.53. The business’s 50-day moving average is $48.99 and its 200-day moving average is $62.41. The company has a market capitalization of $20.96 billion, a price-to-earnings ratio of 49.28, a P/E/G ratio of 2.28 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $739.43 million during the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 earnings per share. Trade Desk has set its Q4 2025 guidance at EPS. Analysts anticipate that The Trade Desk will post 1.06 EPS for the current year.

Trade Desk declared that its Board of Directors has initiated a stock repurchase program on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the company’s 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 transaction, the director owned 5,035 shares in the company, valued at approximately $242,687. This represents a 21.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.00% of the company’s stock.

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.