Sumitomo Mitsui Trust Group Inc. Increases Stake in The Trade Desk $TTD

Sumitomo Mitsui Trust Group Inc. raised its stake in The Trade Desk (NASDAQ:TTD) by 14.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 2,290,927 shares of the technology company’s stock after purchasing an additional 283,593 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.47% of Trade Desk worth $112,278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Family Legacy Financial Solutions LLC raised its holdings in Trade Desk by 163.2% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after buying an additional 310 shares during the last quarter. Sound Income Strategies LLC grew its holdings in Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after acquiring an additional 270 shares during the last quarter. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Trade Desk in the second quarter valued at about $28,000. Transce3nd LLC bought a new position in shares of Trade Desk during the second quarter valued at about $28,000. Finally, First Horizon Corp purchased a new stake in shares of Trade Desk during the third quarter worth about $29,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Up 0.7%

Shares of TTD stock opened at $37.14 on Wednesday. The business’s fifty day moving average is $39.35 and its 200 day moving average is $52.95. The stock has a market cap of $17.96 billion, a price-to-earnings ratio of 42.69, a PEG ratio of 1.45 and a beta of 1.11. The Trade Desk has a twelve month low of $35.65 and a twelve month high of $126.20.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The firm had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. During the same period in the prior year, the firm earned $0.41 EPS. The company’s revenue was up 17.7% compared to the same quarter last year. Equities research analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has initiated a share buyback plan on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 2.1% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Trending Headlines about Trade Desk

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

• Positive Sentiment: A top analyst has ended a prior bearish stance and several pieces argue the brutal 2025 selloff may be bottoming, which supports a recovery narrative for TTD. Trade Desk’s stock has never been this cheap, and its brutal selloff might finally be over MSN coverage
• Positive Sentiment: TTD appears on several buy/long-term lists (Fool articles), which can attract retail and model-driven inflows if investors treat the pullback as a buying opportunity. 3 No-Brainer Stocks to Buy With $1,000 Right Now 2 Tech Stocks You Can Buy and Hold for the Next Decade
• Neutral Sentiment: Reported short-interest data in January shows an odd/zero figure in the public release (no meaningful days-to-cover), so there’s no clear evidence of a concentrated short squeeze or relief buying catalyst from short covering at present.
• Neutral Sentiment: Industry commentary highlights structural challenges in ad tech (transparency, strategy), which could weigh on sector sentiment but doesn’t single out an immediate company-specific catalyst for TTD. Ad Tech Doesn’t Just Have A Transparency Problem. It Has A Courage Problem
• Negative Sentiment: Morgan Stanley lowered its price target on TTD from $50 to $42 and set an “equal weight” rating — this reduces some buy-side conviction and may pressure momentum/quant models that track analyst target changes. Benzinga summary
• Negative Sentiment: Coverage notes the recent 5-day losing streak (≈8% decline) and roughly $1.6B market-cap loss, reinforcing negative momentum and possibly triggering stop-losses or shorter-term rebalancing outflows. Why Is The Trade Desk Stock Falling?

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Zacks Research upgraded Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Wall Street Zen raised Trade Desk from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Rosenblatt Securities decreased their target price on Trade Desk from $78.00 to $64.00 and set a “buy” rating for the company in a report on Friday, November 7th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Trade Desk in a report on Monday, December 29th. Finally, JMP Securities set a $60.00 price objective on shares of Trade Desk and gave the company a “market outperform” rating in a research report on Tuesday, September 30th. Twenty-one analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $69.34.

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.