The Trade Desk $TTD Position Lifted by Broadcrest Asset Management LLC

Broadcrest Asset Management LLC raised its position in The Trade Desk (NASDAQ:TTD) by 100.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 100,000 shares of the technology company’s stock after buying an additional 50,000 shares during the quarter. Trade Desk makes up approximately 11.1% of Broadcrest Asset Management LLC’s portfolio, making the stock its 5th biggest position. Broadcrest Asset Management LLC’s holdings in Trade Desk were worth $4,901,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TTD. Brighton Jones LLC boosted its stake in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares during the period. Bison Wealth LLC increased its stake in Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after purchasing an additional 485 shares during the period. Woodline Partners LP raised its holdings in shares of Trade Desk by 75.5% in the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock valued at $289,000 after buying an additional 2,269 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after buying an additional 270 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Trade Desk by 15.7% during the second quarter. Janney Montgomery Scott LLC now owns 110,971 shares of the technology company’s stock worth $7,989,000 after buying an additional 15,095 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TTD has been the topic of several recent research reports. Evercore ISI dropped their price target on Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, November 7th. Cantor Fitzgerald set a $43.00 target price on Trade Desk and gave the company a “neutral” rating in a report on Thursday, January 8th. Benchmark upgraded Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a research note on Friday, November 7th. Rosenblatt Securities lowered their price objective on shares of Trade Desk from $64.00 to $53.00 and set a “buy” rating on the stock in a research report on Tuesday. Finally, Bank of America cut their price objective on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $65.53.

Key Stories Impacting Trade Desk

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

• Positive Sentiment: Xumo announced that advertisers can now access its premium streaming inventory directly via The Trade Desk’s OpenPath, which strengthens TTD’s supply relationships and programmatic streaming positioning. Xumo Expands Direct Access to Premium Streaming Inventory via The Trade Desk’s OpenPath
• Neutral Sentiment: Stifel’s Mark Kelley kept a Buy rating but cut his price target (from $90 to $74), signaling confidence in TTD’s long-term opportunity while tempering near-term upside. Optimism for Trade Desk (TTD) Following Solid Results Preview
• Neutral Sentiment: Scotiabank assigned a Hold to TTD, which signals caution but is not an active sell signal for investors weighing exposure. Trade Desk (TTD) Receives a Hold from Scotiabank
• Negative Sentiment: Citi issued a pessimistic forecast for TTD’s stock, contributing to bearish analyst momentum and downward pressure on the share price. Citigroup Issues Pessimistic Forecast for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: Rosenblatt cut its expectations for Trade Desk, adding to the string of lowered analyst outlooks. Rosenblatt Securities Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: CFRA moved from a “moderate buy” to a “hold” (and later reaffirmed the hold), reflecting reduced conviction from a previously more bullish analyst and signaling less near-term support. Cfra Reaffirms “Hold” Rating for Trade Desk (NASDAQ:TTD)
• Negative Sentiment: Coverage roundups and market stories note TTD hit a one-year low after the analyst downgrades, amplifying selling pressure and headline-driven volatility. Trade Desk (NASDAQ:TTD) Hits New 1-Year Low on Analyst Downgrade
• Negative Sentiment: Market commentary (e.g., Yahoo Finance) ties today’s share weakness to the cluster of downgrades and target cuts, which has pressured sentiment despite recent solid quarterly results. Why The Trade Desk Stock Is Plummeting Today

Trade Desk Stock Performance

NASDAQ:TTD opened at $31.25 on Friday. The Trade Desk has a 1 year low of $30.82 and a 1 year high of $125.80. The stock has a fifty day moving average price of $37.44 and a two-hundred day moving average price of $49.94. The stock has a market capitalization of $15.11 billion, a price-to-earnings ratio of 35.92, a PEG ratio of 1.25 and a beta of 1.11.

Trade Desk (NASDAQ:TTD) last posted its quarterly 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. The business had revenue of $739.43 million for the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. On average, analysts predict that The Trade Desk will post 1.06 EPS for the current year.

Trade Desk declared that its board has authorized a stock repurchase plan on Thursday, November 6th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the technology company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

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.