The Trade Desk $TTD Shares Sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System lowered its position in The Trade Desk (NASDAQ:TTD) by 0.9% during the 2nd quarter, Holdings Channel.com reports. The firm owned 32,800 shares of the technology company’s stock after selling 300 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Trade Desk were worth $2,361,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Ashton Thomas Securities LLC increased its stake in shares of Trade Desk by 2.6% in the first quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock valued at $315,000 after purchasing an additional 144 shares during the period. Tradition Wealth Management LLC boosted its holdings in shares of Trade Desk by 2.4% in the first quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company’s stock valued at $347,000 after acquiring an additional 150 shares in the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of Trade Desk by 46.2% in the second quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after acquiring an additional 151 shares in the last quarter. Meiji Yasuda Life Insurance Co boosted its holdings in shares of Trade Desk by 2.8% in the first quarter. Meiji Yasuda Life Insurance Co now owns 5,857 shares of the technology company’s stock valued at $320,000 after acquiring an additional 157 shares in the last quarter. Finally, Brighton Jones LLC boosted its holdings in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TTD shares. Wall Street Zen cut shares of Trade Desk from a “hold” rating to a “sell” rating in a report on Monday, September 1st. Jefferies Financial Group cut shares of Trade Desk from a “buy” rating to a “hold” rating and reduced their target price for the stock from $100.00 to $50.00 in a report on Monday, August 11th. KeyCorp raised their target price on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. JMP Securities set a $60.00 target price on shares of Trade Desk and gave the stock a “market outperform” rating in a report on Tuesday, September 30th. Finally, Scotiabank reduced their target price on shares of Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.48.

Trade Desk Stock Performance

Trade Desk stock opened at $52.36 on Friday. The company has a 50 day moving average price of $53.78 and a 200 day moving average price of $62.66. The Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53. The firm has a market capitalization of $25.60 billion, a price-to-earnings ratio of 63.09, a P/E/G ratio of 2.89 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $686.00 million. During the same period in the prior year, the business posted $0.39 EPS. The company’s revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. Equities analysts forecast that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the sale, the insider owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company’s stock, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is owned by corporate insiders.

About Trade Desk

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.