Park Avenue Securities LLC Has $3.98 Million Position in The Trade Desk $TTD

Park Avenue Securities LLC reduced its holdings in The Trade Desk (NASDAQ:TTD) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 55,278 shares of the technology company’s stock after selling 363 shares during the period. Park Avenue Securities LLC’s holdings in Trade Desk were worth $3,979,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Congress Park Capital LLC increased its stake in Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock valued at $3,872,000 after purchasing an additional 6,257 shares in the last quarter. Swedbank AB increased its stake in Trade Desk by 13.2% in the first quarter. Swedbank AB now owns 417,640 shares of the technology company’s stock valued at $22,853,000 after purchasing an additional 48,770 shares in the last quarter. First Bank & Trust increased its stake in Trade Desk by 137.6% in the second quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock valued at $1,668,000 after purchasing an additional 13,418 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Trade Desk in the second quarter valued at approximately $845,000. Finally, Intech Investment Management LLC increased its stake in Trade Desk by 5,779.8% in the first quarter. Intech Investment Management LLC now owns 241,837 shares of the technology company’s stock valued at $13,233,000 after purchasing an additional 237,724 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Stock Performance

Shares of TTD stock opened at $46.15 on Tuesday. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53. The stock has a market cap of $22.56 billion, a price-to-earnings ratio of 55.60, a PEG ratio of 2.32 and a beta of 1.36. The firm’s 50-day moving average is $63.14 and its 200-day moving average is $63.40.

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

Analyst Ratings Changes

TTD has been the subject of several recent analyst reports. UBS Group lowered their target price on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a research note on Friday, August 15th. Morgan Stanley downgraded shares of Trade Desk from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $80.00 to $50.00 in a research note on Wednesday, September 10th. BMO Capital Markets lowered their target price on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Wedbush reissued an “outperform” rating and set a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. Finally, Citigroup lowered their price objective on shares of Trade Desk from $65.00 to $50.00 and set a “neutral” rating for the company in a research report on Friday. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $87.21.

Insider Buying and Selling

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the sale, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company’s stock.

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.