Vanguard Group Inc. Has $2.79 Billion Stock Holdings in The Trade Desk $TTD

Vanguard Group Inc. grew its stake in shares of The Trade Desk (NASDAQ:TTD) by 27.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,875,852 shares of the technology company’s stock after purchasing an additional 12,321,000 shares during the quarter. Vanguard Group Inc. owned about 11.63% of Trade Desk worth $2,787,486,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. STF Management LP increased its holdings in Trade Desk by 2.1% during the second quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after buying an additional 136 shares during the last quarter. Brighton Jones LLC grew its position in shares of Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares during the period. CVA Family Office LLC increased its stake in shares of Trade Desk by 37.2% during the 2nd quarter. CVA Family Office LLC now owns 657 shares of the technology company’s stock worth $47,000 after purchasing an additional 178 shares during the last quarter. M&T Bank Corp raised its holdings in shares of Trade Desk by 0.7% in the 2nd quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock valued at $1,987,000 after purchasing an additional 194 shares during the period. Finally, Parkside Financial Bank & Trust lifted its stake in Trade Desk by 52.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 586 shares of the technology company’s stock valued at $42,000 after purchasing an additional 201 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

Trade Desk Price Performance

Shares of NASDAQ TTD opened at $25.50 on Thursday. The firm has a market cap of $12.33 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 0.99 and a beta of 1.10. The stock’s fifty day moving average price is $33.99 and its two-hundred day moving average price is $44.21. The Trade Desk has a one year low of $24.84 and a one year high of $91.45.

Trade Desk announced that its board has initiated a share buyback plan on Thursday, November 6th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the technology company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have weighed in on TTD. Wells Fargo & Company set a $42.00 price target on Trade Desk and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Weiss Ratings downgraded Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, January 27th. Wedbush dropped their price target on Trade Desk from $50.00 to $40.00 and set a “neutral” rating on the stock in a research note on Monday, December 8th. Benchmark raised Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Friday, November 7th. Finally, Citigroup decreased their price objective on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating on the stock in a report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, fifteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Trade Desk currently has a consensus rating of “Hold” and a consensus target price of $60.25.

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.