Teamwork Financial Advisors LLC Grows Stock Position in The Trade Desk $TTD

Teamwork Financial Advisors LLC raised its position in The Trade Desk (NASDAQ:TTDFree Report) by 114.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,883 shares of the technology company’s stock after buying an additional 26,625 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in Trade Desk were worth $1,894,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TTD. Family Legacy Financial Solutions LLC increased its holdings in Trade Desk by 163.2% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after acquiring an additional 310 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Trade Desk by 175.8% during the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after purchasing an additional 334 shares during the last quarter. Root Financial Partners LLC bought a new position in Trade Desk during the third quarter worth about $26,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Trade Desk in the second quarter worth about $28,000. Finally, Transce3nd LLC purchased a new position in shares of Trade Desk in the second quarter worth about $28,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

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Analyst Upgrades and Downgrades

A number of brokerages recently commented on TTD. Cantor Fitzgerald restated a “neutral” rating and set a $22.00 price target on shares of Trade Desk in a research note on Thursday, February 26th. Benchmark reiterated a “buy” rating and issued a $40.00 price objective (down from $65.00) on shares of Trade Desk in a research note on Monday, February 23rd. Jefferies Financial Group reissued a “hold” rating on shares of Trade Desk in a report on Tuesday, March 17th. Cfra restated a “hold” rating and set a $40.00 target price on shares of Trade Desk in a research report on Tuesday, January 27th. Finally, KeyCorp cut their price target on Trade Desk from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, eighteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Trade Desk currently has an average rating of “Hold” and an average target price of $41.94.

Read Our Latest Research Report on Trade Desk

Trade Desk Trading Up 2.6%

Trade Desk stock opened at $24.11 on Monday. The Trade Desk has a 1-year low of $21.08 and a 1-year high of $91.45. The firm has a market capitalization of $11.48 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 0.95 and a beta of 1.13. The firm’s 50 day simple moving average is $28.71 and its 200 day simple moving average is $38.87.

Trade Desk (NASDAQ:TTDGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, meeting the consensus estimate of $0.59. The firm had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period last year, the firm earned $0.59 EPS. Research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its board has authorized a stock buyback program on Wednesday, February 25th that authorizes the company to repurchase $350.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.45, for a total value of $3,131,112.60. Following the transaction, the director directly owned 1,946 shares in the company, valued at $59,255.70. This represents a 98.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 10.00% of the stock is currently owned by insiders.

Trade Desk Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Trade Desk (NASDAQ:TTD)

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