The Trade Desk $TTD Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd reduced its position in The Trade Desk (NASDAQ:TTD) by 81.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 87,204 shares of the technology company’s stock after selling 385,576 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Trade Desk were worth $1,979,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Elevation Wealth Partners LLC lifted its holdings in shares of Trade Desk by 2,382.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after purchasing an additional 691 shares during the last quarter. Binnacle Investments Inc acquired a new stake in Trade Desk in the third quarter worth about $37,000. Albion Financial Group UT acquired a new position in shares of Trade Desk during the fourth quarter valued at about $30,000. CVA Family Office LLC raised its position in shares of Trade Desk by 62.1% in the 4th quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after purchasing an additional 344 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Trade Desk in the 4th quarter valued at approximately $35,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TTD has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $21.00 price target on shares of Trade Desk in a research note on Friday, May 8th. Needham & Company LLC dropped 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. DA Davidson set a $29.00 target price on Trade Desk and gave the company a “buy” rating in a research report on Monday, May 11th. Scotiabank set a $20.00 target price on Trade Desk in a research note on Monday, May 11th. Finally, Rothschild & Co Redburn initiated coverage on Trade Desk in a research report on Thursday, May 28th. They set a “sell” rating and a $11.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $33.52.

Insider Activity at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the sale, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. This trade represents a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.41% of the stock is owned by insiders.

Trending Headlines about Trade Desk

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

• Positive Sentiment: HSBC upgraded The Trade Desk from “reduce” to “hold” and set a $20 price target, suggesting the stock may have some near-term upside from current levels. HSBC upgrade coverage
• Positive Sentiment: The Trade Desk announced a new no-code integration with Invoca that links AI-powered lead and conversion data to the Trade Desk Marketplace, improving attribution and omnichannel measurement for advertisers. Invoca joins The Trade Desk Marketplace
• Positive Sentiment: Some valuation-focused commentary says Trade Desk looks relatively attractive on broader checks, with the stock appearing cheap compared with earnings and other valuation measures. Undervalued stock comparison
• Neutral Sentiment: Investor interest in TTD has increased, but this appears to be more of a sentiment watch item than a direct fundamental catalyst. Zacks investor attention article
• Neutral Sentiment: Articles noting that The Trade Desk fell sharply in June mostly reiterate concerns about slowing growth and competition rather than introducing a new business development. Why The Trade Desk Fell 16% in June
• Negative Sentiment: Persistent worries about slower growth and increased competition for ad budgets remain the main reason investors are cautious on Trade Desk, limiting enthusiasm despite the new partnership and valuation arguments. Trade Desk stock looks about right

Trade Desk Price Performance

NASDAQ:TTD opened at $19.07 on Thursday. The company’s fifty day moving average price is $20.51 and its 200-day moving average price is $25.68. The Trade Desk has a 1-year low of $16.98 and a 1-year high of $91.45. The firm has a market capitalization of $8.96 billion, a P/E ratio of 21.67, a PEG ratio of 0.93 and a beta of 1.04.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share (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 analyst estimates of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Equities analysts anticipate that The Trade Desk will post 1.17 EPS for the current fiscal year.

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.