Generali Investments Management Co LLC Has $1.35 Million Position in The Trade Desk $TTD

Generali Investments Management Co LLC lessened its position in The Trade Desk (NASDAQ:TTD) by 26.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,727 shares of the technology company’s stock after selling 6,668 shares during the period. Generali Investments Management Co LLC’s holdings in Trade Desk were worth $1,346,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TTD. Geode Capital Management LLC increased its position in shares of Trade Desk by 52.1% in the 2nd quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock valued at $884,860,000 after buying an additional 4,218,975 shares in the last quarter. Nuveen LLC acquired a new position in Trade Desk in the first quarter valued at about $191,935,000. Jennison Associates LLC increased its holdings in shares of Trade Desk by 17.9% in the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares in the last quarter. Vanguard Group Inc. increased 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 worth $2,420,689,000 after acquiring an additional 1,567,491 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its position 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 worth $96,132,000 after purchasing an additional 1,262,492 shares during the period. 67.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

TTD has been the subject of a number of research reports. Benchmark raised Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research note on Friday, November 7th. Rosenblatt Securities reduced their price target on shares of Trade Desk from $78.00 to $64.00 and set a “buy” rating for the company in a report on Friday, November 7th. Susquehanna dropped their price objective on shares of Trade Desk from $135.00 to $85.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Royal Bank Of Canada set a $80.00 price objective on shares of Trade Desk and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, BTIG Research lowered shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk presently has a consensus rating of “Hold” and an average target price of $78.33.

Insiders Place Their Bets

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the business’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 transaction of $67,624.60. Following the transaction, the director owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.00% of the stock is currently owned by corporate insiders.

Trade Desk Trading Down 2.2%

Shares of TTD opened at $41.93 on Friday. The stock has a market capitalization of $20.50 billion, a price-to-earnings ratio of 48.20, a PEG ratio of 2.08 and a beta of 1.43. The Trade Desk has a 12 month low of $41.50 and a 12 month high of $141.53. The firm has a fifty day simple moving average of $48.79 and a 200 day simple moving average of $62.37.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The firm had revenue of $739.43 million for the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company’s revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS. Trade Desk has set its Q4 2025 guidance at EPS. As a group, research analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its board has authorized a stock repurchase plan on Thursday, November 6th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

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.