Clear Street Group Inc. Buys 167,743 Shares of The Trade Desk $TTD

Clear Street Group Inc. lifted its stake in shares of The Trade Desk (NASDAQ:TTD) by 77.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,433 shares of the technology company’s stock after purchasing an additional 167,743 shares during the quarter. Clear Street Group Inc.’s holdings in Trade Desk were worth $14,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Dymon Asia Capital Singapore PTE. LTD. bought a new position in shares of Trade Desk during the 4th quarter worth about $297,000. Entropy Technologies LP boosted its position in shares of Trade Desk by 265.7% during the 4th quarter. Entropy Technologies LP now owns 36,514 shares of the technology company’s stock worth $1,386,000 after purchasing an additional 26,529 shares in the last quarter. Barclays PLC boosted its position in shares of Trade Desk by 2.6% during the 4th quarter. Barclays PLC now owns 3,128,361 shares of the technology company’s stock worth $118,753,000 after purchasing an additional 79,923 shares in the last quarter. Aigen Investment Management LP bought a new position in shares of Trade Desk during the 4th quarter worth about $352,000. Finally, Altrafin AG bought a new position in shares of Trade Desk during the 4th quarter worth about $281,000. Institutional investors own 67.77% of the company’s stock.

More Trade Desk News

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

• Positive Sentiment: The Trade Desk and Publicis have resolved their months-long dispute over DSP/ad-tech fees, removing an overhang that had worried investors and could help normalize relationships with a major agency partner. Trade Desk Makes Peace With Publicis Over Ad-Tech Fees – Retail Says This May Be A Turning Point
• Positive Sentiment: The company appointed Sarah Gavin as Chief Marketing Officer and EVP, a move that could strengthen branding, customer engagement, and demand generation as The Trade Desk tries to improve its market position. The Trade Desk Appoints Sarah Gavin as Chief Marketing Officer, Executive Vice President
• Positive Sentiment: The company also added gaming/media veteran David Haddad to its board, which may help with strategic relationships and product direction across streaming, gaming, and digital media. Trade Desk Adds Gaming Veteran To Board As Shares Trade Below Targets
• Neutral Sentiment: Several commentary pieces argue the stock may be cheap after its steep decline, but they also highlight valuation and execution risks, so sentiment remains divided. Down 86%, Is The Trade Desk Stock a Generational Buying Opportunity?
• Negative Sentiment: Analysts and market coverage continue to emphasize that TTD is still in a downtrend and has hit new 52-week lows, reflecting ongoing concern about growth durability and competitive pressure. The Trade Desk Stock Hits 52-Week Lows: What’s Going On?
• Negative Sentiment: One Seeking Alpha article argues The Trade Desk is cheap but still faces expensive risks, reinforcing skepticism that the recent rebound will be sustained. The Trade Desk: Cheap Stock, Expensive Risks; Time To Exit

Trade Desk Stock Performance

NASDAQ:TTD opened at $19.28 on Friday. The firm has a market cap of $9.06 billion, a price-to-earnings ratio of 21.91, a price-to-earnings-growth ratio of 0.93 and a beta of 1.05. The Trade Desk has a 52 week low of $18.31 and a 52 week high of $91.45. The firm has a 50-day moving average price of $21.79 and a two-hundred day moving average price of $28.29.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.24). The firm had revenue of $688.86 million during the quarter, compared to analysts’ expectations of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter last year, the business posted $0.33 EPS. As a group, sell-side analysts forecast that The Trade Desk will post 1.17 earnings per share for the current year.

Trade Desk announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in shares. This buyback authorization authorizes the technology company to buy up to 2.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $21.14, for a total value of $1,134,816.34. Following the completion of the sale, the director owned 13,099 shares in the company, valued at approximately $276,912.86. This trade represents a 80.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 11.41% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TTD shares. Oppenheimer cut shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Wedbush set a $21.00 target price on shares of Trade Desk and gave the stock a “neutral” rating in a report on Friday, May 8th. William Blair lowered shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. DA Davidson set a $29.00 target price on shares of Trade Desk and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Rosenblatt Securities lowered their target price on shares of Trade Desk from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $33.91.

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.