IFP Advisors Inc Has $799,000 Position in The Trade Desk $TTD

IFP Advisors Inc cut its position in The Trade Desk (NASDAQ:TTD) by 15.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,737 shares of the technology company’s stock after selling 1,902 shares during the quarter. IFP Advisors Inc’s holdings in Trade Desk were worth $799,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in TTD. Brown Advisory Inc. raised its position in shares of Trade Desk by 198.4% in the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock valued at $443,358,000 after buying an additional 5,387,339 shares in the last quarter. Nuveen LLC acquired a new position in shares of Trade Desk in the 1st quarter valued at approximately $191,935,000. Vanguard Group Inc. raised its position in shares of Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after buying an additional 1,567,491 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Trade Desk by 255.4% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock valued at $96,132,000 after buying an additional 1,262,492 shares in the last quarter. Finally, Champlain Investment Partners LLC acquired a new position in Trade Desk during the 1st quarter worth approximately $66,948,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $51.28 on Tuesday. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53. The firm has a 50 day moving average price of $53.01 and a two-hundred day moving average price of $62.69. The stock has a market cap of $25.07 billion, a P/E ratio of 61.78, a price-to-earnings-growth ratio of 2.80 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 net margin of 15.57% and a return on equity of 15.19%. The business had revenue of $694.04 million during the quarter, compared to analyst estimates of $686.00 million. During the same quarter last year, the company posted $0.39 earnings per share. The company’s revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. Analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, 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 sale, the insider directly owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. This represents a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and set a $84.00 price objective on shares of Trade Desk in a research report on Monday, September 8th. Wells Fargo & Company set a $53.00 price objective on shares of Trade Desk and gave the stock an “equal weight” rating in a research report on Monday, October 6th. Stifel Nicolaus lowered their price objective on shares of Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Oppenheimer upped their price objective on shares of Trade Desk from $80.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 29th. Finally, Evercore ISI upgraded shares of Trade Desk from an “in-line” rating to an “outperform” rating and set a $90.00 price objective for the company in a research report on Friday, June 27th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $84.48.

Trade Desk 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.