Strategic Blueprint LLC Acquires 815 Shares of The Trade Desk $TTD

Strategic Blueprint LLC boosted its holdings in The Trade Desk (NASDAQ:TTD) by 11.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 7,791 shares of the technology company’s stock after purchasing an additional 815 shares during the quarter. Strategic Blueprint LLC’s holdings in Trade Desk were worth $561,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. LaFleur & Godfrey LLC bought a new stake in Trade Desk in the second quarter worth approximately $5,029,000. Congress Park Capital LLC increased its holdings in Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock worth $3,872,000 after purchasing an additional 6,257 shares in the last quarter. Swedbank AB increased its holdings in Trade Desk by 32.2% in the second quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock worth $39,757,000 after purchasing an additional 134,620 shares in the last quarter. First Bank & Trust increased its holdings in Trade Desk by 137.6% in the second quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock worth $1,668,000 after purchasing an additional 13,418 shares in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new stake in Trade Desk in the second quarter worth approximately $845,000. 67.77% of the stock is currently owned by institutional investors.

Trade Desk Trading Down 3.9%

Shares of Trade Desk stock opened at $52.00 on Friday. The stock has a fifty day simple moving average of $50.71 and a 200 day simple moving average of $62.73. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The company has a market capitalization of $25.42 billion, a P/E ratio of 62.65, a price-to-earnings-growth ratio of 2.78 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. During the same quarter last year, the company posted $0.39 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. On average, analysts predict that The Trade Desk will post 1.06 EPS for the current year.

Wall Street Analysts Forecast Growth

TTD has been the subject of a number of research analyst reports. Scotiabank lowered their target price on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, August 8th. JMP Securities set a $60.00 price objective on Trade Desk and gave the company a “market outperform” rating in a report on Tuesday, September 30th. Zacks Research downgraded Trade Desk from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. BTIG Research downgraded Trade Desk from a “buy” rating to a “neutral” rating in a report on Friday, August 8th. Finally, Royal Bank Of Canada decreased their price objective on Trade Desk from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $84.48.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction 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 transaction, the insider owned 218,246 shares of the company’s stock, valued at $19,899,670.28. This trade represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Corporate 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.