RFG Advisory LLC Increases Holdings in The Trade Desk $TTD

RFG Advisory LLC lifted its position in shares of The Trade Desk (NASDAQ:TTD) by 175.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,128 shares of the technology company’s stock after buying an additional 33,848 shares during the period. RFG Advisory LLC’s holdings in Trade Desk were worth $2,017,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Trade Desk by 27.7% during the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after buying an additional 12,321,000 shares in the last quarter. State Street Corp raised its holdings in shares of Trade Desk by 271.1% during the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after buying an additional 26,559,005 shares in the last quarter. Invesco Ltd. boosted its position in Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock valued at $333,659,000 after buying an additional 3,421,074 shares during the period. Jericho Capital Asset Management L.P. boosted its position in Trade Desk by 86.3% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,067,000 shares of the technology company’s stock valued at $199,324,000 after buying an additional 1,884,000 shares during the period. Finally, Northern Trust Corp boosted its position in Trade Desk by 34.3% during the third quarter. Northern Trust Corp now owns 3,893,963 shares of the technology company’s stock valued at $190,843,000 after buying an additional 993,739 shares during the period. 67.77% of the stock is owned by hedge funds and other institutional investors.

More Trade Desk News

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Revenue roughly matched/beat expectations (helping the topline view despite slowing growth). View press release and slide deck. Press Release
• Positive Sentiment: Significant insider buying by CEO noted in filings — a signal management is buying the stock at current levels. Quiver Quant
• Neutral Sentiment: Analysts are split: several buy/outperform ratings remain, but some firms have downgraded or set lower targets — median 6‑month target around $35, with a range into the low $20s. Globe & Mail
• Neutral Sentiment: Company said it updated Q2 guidance (details were minimal in early releases) — guidance clarity will be a near-term catalyst but the update as released did not reassure markets.
• Negative Sentiment: EPS missed estimates: Q1 EPS $0.28 vs. consensus ~$0.32, falling short and raising concerns about margin pressure. Zacks
• Negative Sentiment: Growth decelerated vs. prior periods and profit came up short of expectations — investors are focused on whether management can reaccelerate demand and stabilize margins. MarketWatch
• Negative Sentiment: Ongoing agency-client uncertainty (reports of at least one large agency advising clients on platform use after a third‑party audit) plus recent leadership/finance changes elevated execution and revenue-risk concerns. This dynamic likely amplified the selloff. Quiver Quant

Trade Desk Stock Down 2.2%

Shares of Trade Desk stock opened at $23.49 on Friday. The company has a market cap of $11.18 billion, a PE ratio of 26.10, a P/E/G ratio of 0.96 and a beta of 1.10. The business has a 50 day moving average of $23.73 and a 200 day moving average of $32.86. The Trade Desk has a 52 week low of $19.74 and a 52 week high of $91.45.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The business had revenue of $688.86 million for the quarter, compared to the consensus estimate of $678.87 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. Trade Desk’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 EPS. On average, research analysts anticipate that The Trade Desk will post 1.27 earnings per share for the current year.

Trade Desk announced that its board has authorized a stock buyback plan on Wednesday, February 25th that permits the company to buyback $350.00 million in outstanding shares. This buyback authorization permits the technology company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TTD. UBS Group set a $31.00 price target on shares of Trade Desk and gave the company a “buy” rating in a research report on Tuesday, April 21st. Citigroup cut their price target on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a research report on Tuesday, January 27th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $22.00 price target on shares of Trade Desk in a research note on Thursday, February 26th. Needham & Company LLC decreased their price target on Trade Desk from $60.00 to $32.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Loop Capital cut Trade Desk from a “buy” rating to a “hold” rating and decreased their price target for the stock from $75.00 to $25.00 in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $41.38.

Insider Activity at Trade Desk

In related news, Director Kathryn E. Falberg sold 102,828 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the completion of the transaction, the director owned 1,946 shares in the company, valued at $59,255.70. This represents a 98.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 11.41% of the stock is currently owned by corporate insiders.

Trade Desk 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.