Mitsubishi UFJ Asset Management Co. Ltd. Has $45.37 Million Stock Position in The Trade Desk $TTD

Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in The Trade Desk (NASDAQ:TTD) by 110.4% in the 3rd quarter, Holdings Channel reports. The fund owned 925,623 shares of the technology company’s stock after purchasing an additional 485,701 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Trade Desk were worth $45,365,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Transce3nd LLC acquired a new position in shares of Trade Desk in the 2nd quarter valued at about $28,000. Twin Peaks Wealth Advisors LLC acquired a new position in Trade Desk in the 2nd quarter valued at approximately $28,000. Estabrook Capital Management acquired a new position in Trade Desk in the 2nd quarter valued at approximately $36,000. Family Legacy Financial Solutions LLC lifted its position in Trade Desk by 163.2% in the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock worth $25,000 after buying an additional 310 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in shares of Trade Desk by 175.8% during the 3rd quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after buying an additional 334 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Down 0.5%

Shares of TTD stock opened at $23.82 on Friday. The business’s 50 day moving average is $32.27 and its two-hundred day moving average is $41.81. The Trade Desk has a 12 month low of $21.08 and a 12 month high of $91.45. The company has a market cap of $11.52 billion, a PE ratio of 26.47, a price-to-earnings-growth ratio of 0.93 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.59. Trade Desk had a net margin of 15.31% and a return on equity of 16.60%. The business had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. During the same period in the prior year, the firm earned $0.59 EPS. Trade Desk’s quarterly revenue was up 14.3% compared to the same quarter last year. As a group, equities analysts expect that The Trade Desk will post 1.06 EPS for the current fiscal year.

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 outstanding shares. This repurchase authorization allows the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

More Trade Desk News

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

• Positive Sentiment: Board authorized a $350 million share repurchase (about 2.9% of shares), signaling management thinks the stock is undervalued. MarketBeat Buyback Report
• Positive Sentiment: Q4 beat: revenue of ~$847M and EPS in line with consensus; core ad businesses (CTV/video) remain large and audio is cited as an emerging growth driver. Proactive Investors Q4 Coverage
• Positive Sentiment: Product roadmap/Kokai platform rollout noted as a potential catalyst that could restore growth and justify valuation after the pullback. Yahoo Valuation/Kokai Article
• Neutral Sentiment: Unusually large options volume — indicates elevated trading/speculation and hedging activity around the stock but not directional confirmation. American Banking News Options Note
• Negative Sentiment: Softer Q1 guidance: management guided Q1 revenue growth below Street expectations (roughly +10% vs. ~12% consensus) and flagged a ~500bps year‑over‑year margin headwind, which spooked investors. Yahoo: Jefferies Reaction & Guidance Note
• Negative Sentiment: Profitability outlook hit: management’s adjusted EBITDA guidance implies a material near‑term cut (one article notes adjusted EBITDA could be halved), increasing short‑term earnings uncertainty. Fool: EBITDA/Guidance Coverage
• Negative Sentiment: Broad analyst repricing: multiple firms cut price targets and ratings after the guidance (examples include Jefferies, Loop, New Street and others), reflecting increased skepticism about near‑term growth and competitive pressure. TipRanks: Analyst Reactions
• Negative Sentiment: Market share and secular worries: coverage highlights slowing growth, competition (notably Amazon), and investor reassessment of the “independent objective ad‑tech” thesis, pressuring multiples. Fool: Competitive/Thesis Coverage

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Cannonball Research raised shares of Trade Desk to a “strong-buy” rating in a research note on Monday, January 12th. Oppenheimer dropped their target price on Trade Desk from $70.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday. BNP Paribas Exane started coverage on Trade Desk in a report on Wednesday, January 14th. They set a “neutral” rating and a $40.00 price target for the company. Zacks Research upgraded Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, Benchmark reiterated a “buy” rating and issued a $40.00 target price (down from $65.00) on shares of Trade Desk in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $44.70.

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.