5,253 Shares in The Trade Desk $TTD Acquired by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC acquired a new position in The Trade Desk (NASDAQ:TTD) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,253 shares of the technology company’s stock, valued at approximately $378,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Banque Cantonale Vaudoise bought a new stake in Trade Desk during the first quarter worth approximately $26,000. Sound Income Strategies LLC raised its holdings in Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Trade Desk during the first quarter worth approximately $27,000. von Borstel & Associates Inc. bought a new stake in Trade Desk during the first quarter worth approximately $31,000. Finally, West Oak Capital LLC raised its holdings in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after purchasing an additional 350 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Insider Activity at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction that occurred on 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 transaction, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the transaction, the director owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 10.00% of the company’s stock.

Trade Desk Stock Performance

NASDAQ TTD opened at $51.67 on Wednesday. The stock has a market capitalization of $25.26 billion, a P/E ratio of 62.25, a P/E/G ratio of 2.86 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. The business’s fifty day moving average is $50.66 and its two-hundred day moving average is $62.80.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). The company had revenue of $694.04 million during 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%. Trade Desk’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period in the prior year, the company 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Oppenheimer boosted their target price on Trade Desk from $80.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. Bank of America reissued an “underperform” rating and set a $55.00 target price (down previously from $130.00) on shares of Trade Desk in a report on Friday, August 8th. Royal Bank Of Canada dropped their target price on Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. KeyCorp boosted their target price on Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Finally, Scotiabank dropped their price target on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating on the stock in a report on Friday, August 8th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $84.48.

Trade Desk 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.