Marathon Trading Investment Management LLC Makes New Investment in The Trade Desk $TTD

Marathon Trading Investment Management LLC purchased a new position in The Trade Desk (NASDAQ:TTD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 37,622 shares of the technology company’s stock, valued at approximately $1,428,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Focus Partners Wealth boosted its holdings in Trade Desk by 201.6% in the 4th quarter. Focus Partners Wealth now owns 49,867 shares of the technology company’s stock worth $1,893,000 after acquiring an additional 33,333 shares during the period. Fifth Lane Capital LP boosted its holdings in Trade Desk by 16.3% in the 4th quarter. Fifth Lane Capital LP now owns 9,300 shares of the technology company’s stock worth $353,000 after acquiring an additional 1,300 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Trade Desk by 407.2% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 916,800 shares of the technology company’s stock worth $34,802,000 after acquiring an additional 736,054 shares during the period. Clear Street Group Inc. boosted its holdings in Trade Desk by 77.8% in the 4th quarter. Clear Street Group Inc. now owns 383,433 shares of the technology company’s stock worth $14,555,000 after acquiring an additional 167,743 shares during the period. Finally, Dymon Asia Capital Singapore PTE. LTD. purchased a new position in Trade Desk in the 4th quarter worth approximately $297,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Performance

Trade Desk stock opened at $19.28 on Monday. The stock has a market cap of $9.06 billion, a P/E ratio of 21.91, a price-to-earnings-growth ratio of 0.93 and a beta of 1.05. The stock has a 50 day moving average of $21.79 and a 200-day moving average of $28.21. The Trade Desk has a 52 week low of $18.31 and a 52 week high of $91.45.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, May 7th. The technology company reported $0.08 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 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 last year, the company posted $0.33 earnings per share. As a group, equities analysts predict that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Jefferies Financial Group restated a “hold” rating on shares of Trade Desk in a report on Tuesday, March 17th. Weiss Ratings upgraded Trade Desk from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, June 1st. Oppenheimer cut Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Rosenblatt Securities reduced their target price on Trade Desk from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Finally, Benchmark reduced their target price on Trade Desk from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk has a consensus rating of “Hold” and a consensus target price of $33.91.

Insider Activity

In related news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the sale, the director directly owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 11.41% of the company’s stock.

Key Trade Desk News

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

• Positive Sentiment: The Trade Desk and Publicis have resolved their months-long dispute over DSP/ad-tech fees, removing an overhang that had worried investors and could help normalize relationships with a major agency partner. Trade Desk Makes Peace With Publicis Over Ad-Tech Fees – Retail Says This May Be A Turning Point
• Positive Sentiment: The company appointed Sarah Gavin as Chief Marketing Officer and EVP, a move that could strengthen branding, customer engagement, and demand generation as The Trade Desk tries to improve its market position. The Trade Desk Appoints Sarah Gavin as Chief Marketing Officer, Executive Vice President
• Positive Sentiment: The company also added gaming/media veteran David Haddad to its board, which may help with strategic relationships and product direction across streaming, gaming, and digital media. Trade Desk Adds Gaming Veteran To Board As Shares Trade Below Targets
• Neutral Sentiment: Several commentary pieces argue the stock may be cheap after its steep decline, but they also highlight valuation and execution risks, so sentiment remains divided. Down 86%, Is The Trade Desk Stock a Generational Buying Opportunity?
• Negative Sentiment: Analysts and market coverage continue to emphasize that TTD is still in a downtrend and has hit new 52-week lows, reflecting ongoing concern about growth durability and competitive pressure. The Trade Desk Stock Hits 52-Week Lows: What’s Going On?
• Negative Sentiment: One Seeking Alpha article argues The Trade Desk is cheap but still faces expensive risks, reinforcing skepticism that the recent rebound will be sustained. The Trade Desk: Cheap Stock, Expensive Risks; Time To Exit

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.