Meridian Wealth Management LLC Buys Shares of 32,542 The Trade Desk $TTD

Meridian Wealth Management LLC bought a new stake in The Trade Desk (NASDAQ:TTD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 32,542 shares of the technology company’s stock, valued at approximately $1,235,000.

A number of other institutional investors also recently bought and sold shares of TTD. Versant Capital Management Inc lifted its holdings in Trade Desk by 175.8% in the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after acquiring an additional 334 shares during the period. Root Financial Partners LLC bought a new position in Trade Desk in the third quarter valued at about $26,000. Elevation Wealth Partners LLC lifted its holdings in 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 acquiring an additional 691 shares during the period. First Horizon Corp bought a new position in Trade Desk in the third quarter valued at about $29,000. Finally, Albion Financial Group UT bought a new position in Trade Desk in the fourth quarter valued at about $30,000. Institutional investors own 67.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TTD shares. Guggenheim reduced their price target on Trade Desk from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Citizens Jmp cut Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, January 23rd. Oppenheimer cut Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Wedbush set a $21.00 price target on Trade Desk and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, BMO Capital Markets reduced their price target on Trade Desk from $98.00 to $55.00 and set an “outperform” rating for the company in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $36.29.

Insider Activity

In other news, Director Kathryn E. Falberg sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.48, for a total value of $1,524,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.41% of the stock is owned by insiders.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: Recent commentary pointed to stronger demand trends, including a surge in JBP deals and rising ad-spend commitments, which suggests some brands are still leaning into data-driven advertising. Article Title
• Positive Sentiment: Trade Desk’s latest quarter still showed year-over-year revenue growth, indicating the business is expanding despite a tougher advertising environment. Article Title
• Neutral Sentiment: The stock is drawing heavy trader and investor attention, with multiple articles highlighting whether TTD is a buy after the recent earnings miss. Article Title
• Neutral Sentiment: Technical coverage says the shares are struggling to reclaim lost ground and are trading well below major trend lines, reinforcing a bearish chart setup. Article Title
• Negative Sentiment: Investors remain focused on Trade Desk’s recent earnings miss and softer-than-expected revenue guidance, which raised concerns about slowing growth. Article Title
• Negative Sentiment: Analyst downgrades have added to the pressure on TTD, signaling that Wall Street is becoming more cautious on the near-term outlook. Article Title

Trade Desk Price Performance

NASDAQ TTD opened at $20.49 on Thursday. The stock has a market capitalization of $9.75 billion, a PE ratio of 23.28, a P/E/G ratio of 0.98 and a beta of 1.10. The business has a 50 day simple moving average of $23.51 and a two-hundred day simple moving average of $31.96. The Trade Desk has a 1-year low of $19.74 and a 1-year high of $91.45.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.24). The firm had revenue of $688.86 million for the quarter, compared to analysts’ expectations of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. On average, analysts anticipate that The Trade Desk will post 1.23 EPS for the current fiscal year.

Trade Desk announced that its board has initiated a stock repurchase plan on Wednesday, February 25th that authorizes the company to repurchase $350.00 million in shares. This repurchase authorization authorizes the technology company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

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.