Money Concepts Capital Corp bought a new position in The Trade Desk (NASDAQ:TTD – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 45,788 shares of the technology company’s stock, valued at approximately $1,738,000.
A number of other institutional investors also recently modified their holdings of TTD. Versant Capital Management Inc raised its stake in shares of Trade Desk by 175.8% in the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock worth $26,000 after acquiring an additional 334 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Trade Desk in the third quarter worth about $26,000. Elevation Wealth Partners LLC raised its stake in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after acquiring an additional 691 shares during the last quarter. First Horizon Corp bought a new position in shares of Trade Desk in the third quarter worth about $29,000. Finally, Albion Financial Group UT bought a new position in shares of Trade Desk in the fourth quarter worth about $30,000. 67.77% of the stock is owned by institutional investors.
Insider Buying and Selling
In other Trade Desk news, Director Kathryn E. Falberg sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $30.48, for a total value of $1,524,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.41% of the company’s stock.
Trade Desk Price Performance
Trade Desk (NASDAQ:TTD – Get Free Report) last issued its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.24). Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same period in the previous year, the company posted $0.33 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Sell-side analysts expect that The Trade Desk will post 1.27 EPS for the current fiscal year.
Trade Desk announced that its Board of Directors has approved a stock buyback plan on Wednesday, February 25th that permits the company to repurchase $350.00 million in shares. This repurchase authorization permits the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on TTD. New Street Research downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 target price for the company. in a research note on Thursday, February 26th. KeyCorp lowered shares of Trade Desk from an “overweight” rating to a “sector weight” rating in a report on Friday. Needham & Company LLC cut their price objective on shares of Trade Desk from $32.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Oppenheimer lowered shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday. Finally, Scotiabank set a $20.00 price objective on shares of Trade Desk in a report on Monday. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $36.29.
Check Out Our Latest Analysis on Trade Desk
Key Trade Desk News
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: The Trade Desk delivered Q1 revenue of $688.9 million, up 11.8% year over year and slightly above expectations, showing the business is still growing despite macro headwinds. TTD Q1 Deep Dive: AI Strategy, Macro Headwinds Shape Mixed Quarter for The Trade Desk
- Positive Sentiment: Some coverage still argues the stock may be worth reconsidering after its steep one-year selloff, suggesting long-term investors may see valuation support at current levels. Is It Time To Reconsider Trade Desk (TTD) After A 70% One Year Share Price Fall
- Neutral Sentiment: BMO Capital initiated a Buy rating, showing that not all analysts are turning bearish on the name. Trade Desk (TTD) Receives a Buy from BMO Capital
- Negative Sentiment: Investors were disappointed by Q1 non-GAAP earnings of $0.28 per share and Q2 revenue guidance of about $750 million, which came in below Wall Street’s expectations and reinforced concerns about slower momentum. Why The Trade Desk (TTD) Shares Are Sliding Today
- Negative Sentiment: Wall Street sentiment weakened further after multiple analyst downgrades, including HSBC’s move to Reduce with a $20 price target, adding to pressure on TTD shares. Trade Desk Just Got Hit Again: HSBC Downgrades to Reduce With $20 Price Target
- Negative Sentiment: Commentary points to slowing ad-tech spending, macroeconomic pressure, and rising competition as key risks to The Trade Desk’s near-term outlook. Should TTD Stock Be Part of Your Portfolio Post Q1 Earnings Miss?
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.
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