Riverbridge Partners LLC Trims Position in The Trade Desk $TTD

Riverbridge Partners LLC decreased its position in shares of The Trade Desk (NASDAQ:TTD) by 29.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 223,103 shares of the technology company’s stock after selling 94,703 shares during the quarter. Riverbridge Partners LLC’s holdings in Trade Desk were worth $8,469,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TTD. State Street Corp raised its holdings in Trade Desk by 271.1% during the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after acquiring an additional 26,559,005 shares during the period. Vanguard Group Inc. boosted its stake in shares of Trade Desk by 27.7% in the third quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock worth $2,787,486,000 after acquiring an additional 12,321,000 shares during the period. Invesco Ltd. boosted its stake in shares of Trade Desk by 101.0% in the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after acquiring an additional 3,421,074 shares during the period. Norges Bank purchased a new stake in shares of Trade Desk during the second quarter worth about $197,362,000. Finally, Viking Global Investors LP purchased a new stake in shares of Trade Desk during the second quarter worth about $192,524,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk News Roundup

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Needham reaffirmed a Buy and set a $32 price target, signaling analyst conviction in multi‑quarter upside despite the pullback. Needham Reiterates Buy Rating for Trade Desk (TTD)
• Positive Sentiment: The company appointed Drew Vollero to the board — a hire marketed as adding financial and scaling experience that could reassure investors on governance and strategy execution. The Trade Desk Appoints Drew Vollero to Board of Directors
• Neutral Sentiment: Industry coverage questions the long‑term strength of CTV brand attraction for platforms like TTD — a structural debate that could matter for medium‑term ad mix and monetization but is not an immediate accounting event. Trade Desk Concerns: Does CTV Brand Attraction Have A Strong Foundation?
• Negative Sentiment: Analysts and market pieces point to the company’s guidance miss and decelerating revenue growth (2025 revenue $2.9B; Q1 guide ~10% YoY) as the primary reason for the steep re‑rating. That growth slowdown is the main near‑term valuation risk. What’s Really Happening To The Trade Desk Stock?
• Negative Sentiment: The unexpected resignation of CFO Alexander Kayyal raises questions about financial leadership and timing amid weak guidance and competitive pressure. Investors often react negatively to mid‑cycle CFO departures. Trade Desk CFO Exit Tests Valuation Confidence Under Amazon Competition
• Negative Sentiment: Nasdaq flagged the company amid a board reshuffle after several director resignations — a regulatory/filing noise item that can add short‑term uncertainty until resolved. Trade Desk Faces Nasdaq Notice Amid Board Reshuffle
• Negative Sentiment: Client/audit headlines — including reports of an Omnicom audit and related client concerns — are exacerbating the selloff because they could presage deeper commercial or reconciliation issues. Trade Desk Faces New Audit, This Time By Omnicom
• Negative Sentiment: Separately, a report that Anthropic’s Claude can control computers triggered negative headlines tying AI developments to short‑term volatility in ad tech stocks, adding to intraday downward pressure. Why The Trade Desk (TTD) Shares Are Sliding Today

Insider Buying and Selling at Trade Desk

In related news, Director Kathryn E. Falberg sold 102,828 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $30.45, for a total value of $3,131,112.60. Following the sale, the director owned 1,946 shares in the company, valued at approximately $59,255.70. The trade was a 98.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 10.00% of the company’s stock.

Trade Desk Trading Down 1.0%

Shares of Trade Desk stock opened at $21.74 on Friday. The firm has a market cap of $10.35 billion, a PE ratio of 24.16, a PEG ratio of 0.87 and a beta of 1.13. The stock has a 50 day moving average of $27.56 and a 200 day moving average of $38.24. The Trade Desk has a 12 month low of $21.08 and a 12 month high of $91.45.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.59. The business had revenue of $846.79 million for the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The company’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 EPS. As a group, equities research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its board has authorized a share repurchase program on Wednesday, February 25th that allows the company to repurchase $350.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

TTD has been the topic of a number of research analyst reports. Bank of America lowered their price target on Trade Desk from $49.00 to $40.00 and set an “underperform” rating on the stock in a report on Tuesday, January 20th. Guggenheim reaffirmed a “buy” rating and set a $50.00 price objective (down from $55.00) on shares of Trade Desk in a report on Monday, January 5th. DA Davidson set a $32.00 price objective on shares of Trade Desk in a research report on Thursday, March 5th. KeyCorp lowered their target price on shares of Trade Desk from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Monday, March 2nd. Finally, Oppenheimer dropped their target price on shares of Trade Desk from $70.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $41.94.

About Trade Desk

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.