Northwestern Mutual Wealth Management Co. Increases Stock Holdings in The Trade Desk $TTD

Northwestern Mutual Wealth Management Co. lifted its position in The Trade Desk (NASDAQ:TTD) by 8.5% in the fourth quarter, HoldingsChannel reports. The firm owned 929,679 shares of the technology company’s stock after buying an additional 73,208 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Trade Desk were worth $35,291,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Elevation Wealth Partners LLC grew its holdings in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after purchasing an additional 691 shares during the period. Albion Financial Group UT purchased a new stake in shares of Trade Desk in the fourth quarter valued at about $30,000. CVA Family Office LLC grew its holdings in shares of Trade Desk by 62.1% in the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after purchasing an additional 344 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Trade Desk in the fourth quarter valued at about $35,000. Finally, Binnacle Investments Inc purchased a new stake in shares of Trade Desk in the third quarter valued at about $37,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TTD shares. Loop Capital lowered shares of Trade Desk from a “buy” rating to a “hold” rating and dropped their price objective for the company from $75.00 to $25.00 in a report on Thursday, February 26th. HSBC lowered shares of Trade Desk from a “buy” rating to a “reduce” rating and set a $20.00 target price for the company. in a research note on Monday, May 11th. Evercore set a $27.00 target price on shares of Trade Desk in a research note on Friday, May 8th. Scotiabank set a $20.00 target price on shares of Trade Desk in a research note on Monday, May 11th. Finally, Arete Research raised shares of Trade Desk from a “sell” rating to a “neutral” rating and set a $25.00 target price for the company in a research note on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $33.91.

Insider Activity

In other news, Director Kathryn E. Falberg sold 50,000 shares of the stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $30.48, for a total transaction of $1,524,000.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 11.41% of the company’s stock.

Trade Desk Price Performance

Shares of TTD stock opened at $21.56 on Friday. The firm has a market cap of $10.14 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 1.04 and a beta of 1.10. The company has a 50-day moving average of $22.25 and a two-hundred day moving average of $29.77. The Trade Desk has a 1-year low of $19.74 and a 1-year high of $91.45.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.24). The business had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. Sell-side analysts anticipate that The Trade Desk will post 1.17 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has initiated a stock buyback 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 buy up to 2.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

More Trade Desk News

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

• Negative Sentiment: Rothschild & Co Redburn initiated coverage on The Trade Desk with a sell rating and an $11 price target, implying significant downside from recent trading levels. Benzinga
• Negative Sentiment: Multiple articles highlighted The Trade Desk’s decline from being a $69 billion digital-ad leader, reinforcing investor concerns that growth is slowing and the market is resetting expectations. The Trade Desk’s Fall From $69 Billion Digital-Ad Darling
• Negative Sentiment: A separate report said TTD faces a “new reality” and cited an analyst warning of as much as 50% downside risk, adding to bearish sentiment around the stock. TTD stock faces ‘new reality’ as analyst warns of 50% downside risk
• Neutral Sentiment: The company also announced board compensation changes for new non-employee director Samanth, but this appears to be a routine governance update with limited immediate impact on the stock. Trade Desk Aligns Compensation for New Non-Employee Director

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.