Money Concepts Capital Corp Buys Shares of 45,788 The Trade Desk $TTD

Money Concepts Capital Corp acquired a new position in shares of The Trade Desk (NASDAQ:TTD) in the 4th quarter, Holdings Channel.com reports. The fund acquired 45,788 shares of the technology company’s stock, valued at approximately $1,738,000.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Trade Desk by 27.7% during the third quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock worth $2,787,486,000 after acquiring an additional 12,321,000 shares in the last quarter. State Street Corp increased its position in shares of Trade Desk by 271.1% during the third quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock worth $1,781,723,000 after acquiring an additional 26,559,005 shares in the last quarter. Invesco Ltd. increased its position in shares of Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after acquiring an additional 3,421,074 shares in the last quarter. Jericho Capital Asset Management L.P. increased its position in shares of Trade Desk by 86.3% during the third quarter. Jericho Capital Asset Management L.P. now owns 4,067,000 shares of the technology company’s stock worth $199,324,000 after acquiring an additional 1,884,000 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Trade Desk by 34.3% during the third quarter. Northern Trust Corp now owns 3,893,963 shares of the technology company’s stock worth $190,843,000 after acquiring an additional 993,739 shares in the last quarter. Institutional investors own 67.77% of the company’s stock.

Trending Headlines about Trade Desk

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

• Positive Sentiment: The Trade Desk delivered Q1 revenue of $688.9 million, up 11.8% year over year and slightly above expectations, showing the business is still growing despite macro headwinds. TTD Q1 Deep Dive: AI Strategy, Macro Headwinds Shape Mixed Quarter for The Trade Desk
• Positive Sentiment: Some coverage still argues the stock may be worth reconsidering after its steep one-year selloff, suggesting long-term investors may see valuation support at current levels. Is It Time To Reconsider Trade Desk (TTD) After A 70% One Year Share Price Fall
• Neutral Sentiment: BMO Capital initiated a Buy rating, showing that not all analysts are turning bearish on the name. Trade Desk (TTD) Receives a Buy from BMO Capital
• Negative Sentiment: Investors were disappointed by Q1 non-GAAP earnings of $0.28 per share and Q2 revenue guidance of about $750 million, which came in below Wall Street’s expectations and reinforced concerns about slower momentum. Why The Trade Desk (TTD) Shares Are Sliding Today
• Negative Sentiment: Wall Street sentiment weakened further after multiple analyst downgrades, including HSBC’s move to Reduce with a $20 price target, adding to pressure on TTD shares. Trade Desk Just Got Hit Again: HSBC Downgrades to Reduce With $20 Price Target
• Negative Sentiment: Commentary points to slowing ad-tech spending, macroeconomic pressure, and rising competition as key risks to The Trade Desk’s near-term outlook. Should TTD Stock Be Part of Your Portfolio Post Q1 Earnings Miss?

Trade Desk Stock Performance

NASDAQ:TTD opened at $21.14 on Wednesday. The Trade Desk has a 52 week low of $19.74 and a 52 week high of $91.45. The firm has a market cap of $10.06 billion, a price-to-earnings ratio of 24.02, a P/E/G ratio of 0.96 and a beta of 1.10. The firm’s 50-day simple moving average is $23.59 and its 200 day simple moving average is $32.19.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The business had revenue of $688.86 million for the quarter, compared to the consensus estimate of $678.87 million. During the same period in the prior year, the business posted $0.33 earnings per share. Trade Desk’s revenue was up 11.8% compared to the same quarter last year. Sell-side analysts anticipate that The Trade Desk will post 1.27 EPS for the current year.

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

Insiders Place Their Bets

In other Trade Desk news, Director Kathryn E. Falberg sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $30.48, for a total value of $1,524,000.00. The sale was disclosed in a document filed with the SEC, which is available at this link. 11.41% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on TTD shares. Piper Sandler reissued a “neutral” rating and set a $24.00 price objective on shares of Trade Desk in a research report on Friday. Oppenheimer downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday. Bank of America lowered their price objective on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. DA Davidson set a $29.00 target price on shares of Trade Desk and gave the stock a “buy” rating in a report on Monday. Finally, Guggenheim reduced their target price on shares of Trade Desk from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $36.29.

Trade Desk Company Profile

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.