Vise Technologies Inc. Purchases New Shares in The Trade Desk $TTD

Vise Technologies Inc. purchased a new position in The Trade Desk (NASDAQ:TTD) during the second quarter, Holdings Channel.com reports. The firm purchased 5,369 shares of the technology company’s stock, valued at approximately $387,000.

A number of other hedge funds also recently bought and sold shares of TTD. Cornerstone Wealth Group LLC increased its position in shares of Trade Desk by 2.8% in the second quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock worth $321,000 after acquiring an additional 122 shares in the last quarter. Mutual Advisors LLC boosted its stake in Trade Desk by 3.5% in the 2nd quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock worth $305,000 after purchasing an additional 142 shares during the period. Ashton Thomas Securities LLC boosted its stake in Trade Desk by 2.6% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock worth $315,000 after purchasing an additional 144 shares during the period. Tradition Wealth Management LLC grew its position in Trade Desk by 2.4% during the 1st quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company’s stock worth $347,000 after purchasing an additional 150 shares in the last quarter. Finally, HighMark Wealth Management LLC raised its stake in Trade Desk by 46.2% during the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after purchasing an additional 151 shares during the period. 67.77% of the stock is owned by hedge funds and other institutional investors.

Trade Desk Trading Down 2.2%

TTD stock opened at $41.93 on Friday. The firm has a market cap of $20.50 billion, a PE ratio of 48.20, a PEG ratio of 2.08 and a beta of 1.43. The Trade Desk has a 1 year low of $41.50 and a 1 year high of $141.53. The company has a fifty day simple moving average of $48.79 and a 200 day simple moving average of $62.37.

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

Trade Desk announced that its Board of Directors has authorized a share buyback program on Thursday, November 6th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the technology company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TTD shares. Oppenheimer lifted their price target on Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a report on Tuesday, July 29th. Wall Street Zen raised Trade Desk from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Weiss Ratings reissued a “hold (c-)” rating on shares of Trade Desk in a research report on Thursday. Royal Bank Of Canada set a $80.00 price target on shares of Trade Desk and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, BMO Capital Markets dropped their price objective on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $78.33.

Insider Buying and Selling at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 10.00% of the company’s stock.

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.