Anderson Financial Strategies LLC Purchases New Position in The Trade Desk $TTD

Anderson Financial Strategies LLC acquired a new position in shares of The Trade Desk (NASDAQ:TTD) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,000 shares of the technology company’s stock, valued at approximately $109,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brown Advisory Inc. boosted its position in Trade Desk by 198.4% in the first quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock valued at $443,358,000 after buying an additional 5,387,339 shares in the last quarter. Nuveen LLC acquired a new position in Trade Desk in the first quarter worth $191,935,000. Vanguard Group Inc. raised its holdings in shares of Trade Desk by 3.7% in the first quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after buying an additional 1,567,491 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Trade Desk by 255.4% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock valued at $96,132,000 after purchasing an additional 1,262,492 shares during the last quarter. Finally, Champlain Investment Partners LLC bought a new position in Trade Desk in the 1st quarter worth approximately $66,948,000. 67.77% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the completion of the transaction, the insider directly owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 10.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

TTD has been the subject of several research reports. Moffett Nathanson cut Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 target price for the company. in a research note on Friday, August 8th. KeyCorp upped their target price on shares of Trade Desk from $80.00 to $95.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Hsbc Global Res lowered Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Piper Sandler cut their target price on shares of Trade Desk from $65.00 to $64.00 and set a “neutral” rating on the stock in a report on Friday, August 8th. Finally, UBS Group lowered their price objective on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $87.67.

Trade Desk Stock Down 11.9%

NASDAQ:TTD opened at $46.14 on Thursday. The company has a market cap of $22.56 billion, a P/E ratio of 55.59, a price-to-earnings-growth ratio of 2.69 and a beta of 1.36. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The business has a 50 day moving average price of $67.92 and a two-hundred day moving average price of $64.83.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). The business had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.