Calamos Advisors LLC acquired a new stake in shares of The Trade Desk (NASDAQ:TTD – Free Report) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 159,652 shares of the technology company’s stock, valued at approximately $3,623,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares during the last quarter. Howard Capital Management Inc. lifted its stake in shares of Trade Desk by 2.3% in the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock valued at $461,000 after purchasing an additional 275 shares during the last quarter. Tema Etfs LLC lifted its stake in shares of Trade Desk by 4.1% in the 4th quarter. Tema Etfs LLC now owns 7,600 shares of the technology company’s stock valued at $288,000 after purchasing an additional 302 shares during the last quarter. Visionary Wealth Advisors boosted its holdings in Trade Desk by 3.3% in the second quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock worth $728,000 after purchasing an additional 327 shares in the last quarter. Finally, CVA Family Office LLC boosted its holdings in Trade Desk by 62.1% in the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock worth $34,000 after purchasing an additional 344 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on TTD shares. Wedbush set a $21.00 target price on Trade Desk and gave the company a “neutral” rating in a report on Friday, May 8th. KeyCorp lowered Trade Desk from an “overweight” rating to a “sector weight” rating in a report on Friday, May 8th. Evercore set a $27.00 price objective on Trade Desk in a research note on Friday, May 8th. Scotiabank set a $20.00 price objective on Trade Desk in a research note on Monday, May 11th. Finally, Needham & Company LLC reduced their target price on Trade Desk from $32.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $33.43.
Insider Buying and Selling
In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. The trade was a 80.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 11.41% of the stock is currently owned by corporate insiders.
Key Headlines Impacting Trade Desk
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: The Trade Desk announced a major leadership hire, appointing Kristi Argyilan as Chief Commercial Officer and EVP. She will oversee data partnerships, identity, measurement, retail media, and governance, which could support execution in key growth areas. The Trade Desk Appoints Kristi Argyilan as Chief Commercial Officer, Executive Vice President
- Positive Sentiment: The company expanded its data capabilities in Japan by integrating purchase data from Seven-Eleven Japan, giving advertisers access to retail audience data across digital channels and potentially strengthening its platform adoption. The Trade Desk Unlocks Activation of Convenience Store Retail Data for Digital Advertising in Japan
- Neutral Sentiment: Several articles highlighted continued connected TV momentum and argued that The Trade Desk’s growth story may still have room to run, but these pieces were more commentary than hard new catalysts. Can CTV Momentum Strengthen Trade Desk’s Growth Outlook?
- Neutral Sentiment: HSBC reportedly turned less bearish and upgraded The Trade Desk to Hold, which may help sentiment, but the move stopped short of a bullish rating. HSBC Turns Less Bearish On The Trade Desk (TTD), Upgrades Stock to Hold
- Negative Sentiment: A Zacks note said The Trade Desk stock fell while the broader market gained, reinforcing that investors are still wary after the company’s weak recent earnings trend and the stock’s continued underperformance. The Trade Desk (TTD) Stock Sinks As Market Gains: What You Should Know
Trade Desk Price Performance
TTD stock opened at $19.37 on Thursday. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 22.01, a price-to-earnings-growth ratio of 0.92 and a beta of 1.04. The company has a 50-day moving average of $20.07 and a two-hundred day moving average of $25.05. The Trade Desk has a 52-week low of $16.98 and a 52-week high of $91.45.
Trade Desk (NASDAQ:TTD – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The business had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same quarter in the previous year, the firm posted $0.33 earnings per share. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts expect that The Trade Desk will post 1.17 EPS for the current fiscal year.
Trade Desk Profile
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.
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