EMC Capital Management Makes New $1.09 Million Investment in The Trade Desk $TTD

EMC Capital Management purchased a new stake in shares of The Trade Desk (NASDAQ:TTD) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 59,800 shares of the technology company’s stock, valued at approximately $1,090,000. Trade Desk comprises 0.4% of EMC Capital Management’s portfolio, making the stock its 20th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC lifted its holdings in shares of Trade Desk by 219.4% in the 1st quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock worth $30,000 after acquiring an additional 906 shares during the last quarter. Ascentis Independent Advisors acquired a new stake in Trade Desk in the 1st quarter valued at approximately $36,000. Binnacle Investments Inc purchased a new stake in Trade Desk in the third quarter valued at approximately $37,000. Quarry LP purchased a new stake in Trade Desk in the fourth quarter valued at approximately $37,000. Finally, MCF Advisors LLC raised its position in Trade Desk by 318.0% in the fourth quarter. MCF Advisors LLC now owns 1,024 shares of the technology company’s stock valued at $39,000 after purchasing an additional 779 shares during the period. 67.77% of the stock is owned by hedge funds and other institutional investors.

Trade Desk Stock Up 5.6%

Shares of TTD opened at $14.55 on Thursday. The company has a market cap of $6.84 billion, a P/E ratio of 17.32, a PEG ratio of 1.54 and a beta of 1.01. The Trade Desk has a fifty-two week low of $12.83 and a fifty-two week high of $56.39. The firm’s 50 day moving average price is $16.72 and its 200 day moving average price is $20.56.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.06). The business had revenue of $715.06 million during the quarter, compared to analysts’ expectations of $752.41 million. Trade Desk had a net margin of 13.61% and a return on equity of 16.09%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.41 EPS. Research analysts forecast that The Trade Desk will post 0.51 earnings per share for the current year.

Analysts Set New Price Targets

TTD has been the subject of several research analyst reports. William Blair lowered Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Moffett Nathanson set a $6.00 price objective on Trade Desk in a report on Friday, August 7th. Robert W. Baird set a $9.00 price objective on Trade Desk and gave the company a “neutral” rating in a report on Friday, August 7th. Wolfe Research reissued an “outperform” rating and set a $16.00 target price on shares of Trade Desk in a research note on Friday, August 7th. Finally, BMO Capital Markets cut Trade Desk from an “outperform” rating to a “market perform” rating and set a $15.00 target price for the company. in a report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, twenty-five have issued a Hold rating and ten have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $19.33.

Trade Desk Company 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.