Crestwood Advisors Group LLC Boosts Stock Holdings in The Trade Desk $TTD

Crestwood Advisors Group LLC grew its position in shares of The Trade Desk (NASDAQ:TTD) by 133.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 167,209 shares of the technology company’s stock after buying an additional 95,609 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Trade Desk were worth $6,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in shares of Trade Desk by 175.8% during the third 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 last quarter. Root Financial Partners LLC purchased a new stake in shares of Trade Desk during the third quarter valued at approximately $26,000. First Horizon Corp purchased a new stake in shares of Trade Desk during the third quarter valued at approximately $29,000. Quent Capital LLC purchased a new stake in shares of Trade Desk during the third quarter valued at approximately $32,000. Finally, Elevation Wealth Partners LLC grew its holdings in shares of Trade Desk by 2,382.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after buying an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Insiders Place Their Bets

In related news, Director Kathryn E. Falberg sold 102,828 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the completion of the transaction, the director directly owned 1,946 shares of the company’s stock, valued at approximately $59,255.70. This trade represents a 98.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 11.41% of the company’s stock.

Trade Desk Price Performance

Shares of TTD stock opened at $23.00 on Friday. The company has a market capitalization of $10.95 billion, a price-to-earnings ratio of 26.14, a PEG ratio of 0.94 and a beta of 1.10. The company’s fifty day moving average price is $23.73 and its 200-day moving average price is $32.86. The Trade Desk has a one year low of $19.74 and a one year high of $91.45.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.24). The company had revenue of $688.86 million for the quarter, compared to analysts’ expectations of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.68%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.33 earnings per share. Equities research analysts expect that The Trade Desk will post 1.27 earnings per share for the current fiscal year.

Trade Desk declared that its board has approved a share repurchase program on Wednesday, February 25th that permits the company to buyback $350.00 million in shares. This buyback authorization permits the technology company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

Trade Desk News Roundup

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

• Positive Sentiment: Benchmark, Guggenheim, Needham, and other firms kept bullish ratings on TTD even after cutting price targets, suggesting analysts still see upside from current levels. Benchmark price target cut article
• Positive Sentiment: Despite the selloff, revenue growth remained solid, helped by AI-related launches, strategic partnerships, and continued strength in connected TV advertising. Zacks earnings article
• Neutral Sentiment: Trade Desk also held its annual stockholder meeting and approved directors and governance matters, which is not likely to move the stock much. Stockholder approval article
• Negative Sentiment: Multiple firms downgraded or cut targets after the weak guide, reinforcing concerns that ad-tech demand is slowing and agency-client uncertainty is weighing on the business. Analyst downgrades article
• Negative Sentiment: Commentary from Jim Cramer and other market coverage highlighted Trade Desk as a lagging name in digital advertising after the earnings miss, adding to bearish sentiment. Cramer red flag article

Analyst Ratings Changes

TTD has been the topic of several research reports. Scotiabank restated a “sector perform” rating and issued a $32.00 target price (down from $60.00) on shares of Trade Desk in a report on Thursday, February 26th. Wedbush set a $21.00 target price on shares of Trade Desk and gave the stock a “neutral” rating in a report on Friday. Rosenblatt Securities dropped their target price on shares of Trade Desk from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday. Arete Research upgraded shares of Trade Desk from a “sell” rating to a “neutral” rating and set a $25.00 target price on the stock in a report on Monday, March 16th. Finally, Loop Capital cut shares of Trade Desk from a “buy” rating to a “hold” rating and dropped their target price for the stock from $75.00 to $25.00 in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $37.79.

About Trade Desk

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.