Interchange Capital Partners LLC Sells 5,327 Shares of The Trade Desk $TTD

Interchange Capital Partners LLC lessened its holdings in The Trade Desk (NASDAQ:TTD) by 92.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 463 shares of the technology company’s stock after selling 5,327 shares during the quarter. Interchange Capital Partners LLC’s holdings in Trade Desk were worth $33,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in TTD. Banque Cantonale Vaudoise purchased a new position in Trade Desk in the 1st quarter worth $26,000. Sound Income Strategies LLC raised its position in Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares during the period. Cloud Capital Management LLC purchased a new position in Trade Desk in the 1st quarter worth $27,000. von Borstel & Associates Inc. purchased a new position in Trade Desk in the 1st quarter worth $31,000. Finally, West Oak Capital LLC raised its position in Trade Desk by 466.7% in the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after purchasing an additional 350 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Insider Transactions at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Jay R. Grant sold 51,290 shares of the business’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 directly owned 218,246 shares in the company, valued at $19,899,670.28. The trade was a 19.03% decrease in their position. The disclosure for this sale can be found here. Insiders own 10.00% of the company’s stock.

Trade Desk Trading Up 0.7%

Shares of TTD opened at $51.10 on Thursday. The firm’s 50-day moving average price is $51.50 and its 200-day moving average price is $62.53. The firm has a market capitalization of $24.98 billion, a price-to-earnings ratio of 61.57, a PEG ratio of 2.71 and a beta of 1.38. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on TTD shares. KeyCorp boosted their price objective 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. Wedbush restated an “outperform” rating and issued a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. Evercore ISI upgraded shares of Trade Desk from an “in-line” rating to an “outperform” rating and set a $90.00 price objective on the stock in a research report on Friday, June 27th. Citigroup restated an “outperform” rating on shares of Trade Desk in a research report on Tuesday, September 30th. Finally, Royal Bank Of Canada decreased their price objective on shares of Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Trade Desk currently has a consensus rating of “Hold” and an average price target of $84.48.

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.