Korea Investment CORP Decreases Position in The Trade Desk $TTD

Korea Investment CORP lessened its position in shares of The Trade Desk (NASDAQ:TTD) by 57.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 294,628 shares of the technology company’s stock after selling 398,769 shares during the quarter. Korea Investment CORP owned approximately 0.06% of Trade Desk worth $14,440,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in TTD. Vanguard Group Inc. grew its holdings in shares of Trade Desk by 0.7% during the second quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after buying an additional 317,107 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in Trade Desk by 327.3% during the second quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock worth $80,732,000 after acquiring an additional 858,978 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Trade Desk by 62.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after acquiring an additional 66,672 shares during the last quarter. Jacobson & Schmitt Advisors LLC grew its stake in Trade Desk by 19.6% in the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after acquiring an additional 47,539 shares during the period. Finally, Panagora Asset Management Inc. grew its stake in Trade Desk by 22.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock worth $71,759,000 after acquiring an additional 185,552 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Trade Desk

In other news, Director Kathryn E. Falberg sold 102,828 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.45, for a total value of $3,131,112.60. Following the transaction, the director directly owned 1,946 shares in the company, valued at $59,255.70. This trade represents a 98.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 10.00% of the stock is currently owned by company insiders.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Possible OpenAI partnership and related investor excitement are driving hopes for new AI-driven demand and higher-ad monetization, a catalyst that could materially re-rate TTD if confirmed. This optimism has buoyed trading interest and short-term upside potential. Trade Desk Pops on Possible OpenAI Deal—Game Changer or Headfake?
• Neutral Sentiment: Board change: director Gokul Rajaram resigned, spotlighting governance and strategic alignment as The Trade Desk pivots more visibly into AI partnerships; the exit is notable but not clearly constructive or destructive on its own. Investors will watch subsequent board moves and insider activity for clarity. Trade Desk Board Shakeup Highlights AI Push And Valuation Questions
• Neutral Sentiment: Analyst/market commentary is mixed: several bullish pieces highlight re-rating potential if AI catalysts materialize, but such coverage can be optimistic and is not a guarantee of sustained upside. These narratives keep volatility elevated. 1 of Wall Street’s Favorite Stock Worth Your Attention and 2 We Ignore
• Negative Sentiment: Wedbush downgraded TTD following the OpenAI announcement, signaling that some analysts see execution and margin risks or believe the stock’s valuation already prices in much of the upside; downgrades can pressure shares by reducing institutional demand. Wedbush Downgrades The Trade Desk, Inc. (TTD) Amid OpenAI Deal Announcement

Trade Desk Stock Down 1.4%

TTD stock opened at $27.28 on Thursday. The company has a market cap of $13.19 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 1.09 and a beta of 1.13. The business has a fifty day simple moving average of $30.54 and a 200-day simple moving average of $40.37. The Trade Desk has a 52 week low of $21.08 and a 52 week high of $91.45.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.59. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The firm had revenue of $846.79 million for the quarter, compared to analysts’ expectations of $840.56 million. During the same quarter last year, the firm earned $0.59 earnings per share. The firm’s revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its board has approved a stock buyback plan on Wednesday, February 25th that allows the company to repurchase $350.00 million in outstanding shares. This repurchase authorization allows the technology company to buy up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TTD. New Street Research lowered Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 price target on the stock. in a research note on Thursday, February 26th. Piper Sandler reaffirmed a “neutral” rating and issued a $28.00 price objective (down from $50.00) on shares of Trade Desk in a research report on Monday, March 2nd. Needham & Company LLC dropped their target price on Trade Desk from $60.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Bank of America decreased their price target on Trade Desk from $49.00 to $40.00 and set an “underperform” rating on the stock in a research note on Tuesday, January 20th. Finally, Cfra restated a “hold” rating and issued a $40.00 price target on shares of Trade Desk in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fifteen have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $43.45.

About Trade Desk

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.