Sei Investments Co. Purchases 36,478 Shares of The Trade Desk $TTD

Sei Investments Co. raised its position in The Trade Desk (NASDAQ:TTD) by 18.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,540 shares of the technology company’s stock after buying an additional 36,478 shares during the quarter. Sei Investments Co.’s holdings in Trade Desk were worth $5,322,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Nicholas Company Inc. boosted its holdings in Trade Desk by 14.3% in the 4th quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock valued at $38,596,000 after purchasing an additional 127,049 shares during the period. Ashton Thomas Private Wealth LLC increased its holdings in shares of Trade Desk by 272.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock worth $2,604,000 after purchasing an additional 50,209 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Trade Desk by 235.4% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 588,250 shares of the technology company’s stock worth $22,330,000 after purchasing an additional 412,842 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Trade Desk in the fourth quarter valued at approximately $13,042,000. Finally, KBC Group NV raised its position in shares of Trade Desk by 20.3% in the fourth quarter. KBC Group NV now owns 609,285 shares of the technology company’s stock valued at $23,128,000 after buying an additional 102,677 shares in the last quarter. Institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction 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 completion of the sale, the director directly owned 13,099 shares in the company, valued at $276,912.86. This represents a 80.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 11.41% of the stock is currently owned by corporate insiders.

Trade Desk Price Performance

Shares of NASDAQ:TTD opened at $19.34 on Wednesday. The Trade Desk has a 1 year low of $16.70 and a 1 year high of $91.45. The stock has a market capitalization of $9.09 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 0.89 and a beta of 1.04. The company’s 50 day simple moving average is $19.11 and its 200 day simple moving average is $23.10.

Trade Desk (NASDAQ:TTD) last released its 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). Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The business had revenue of $688.86 million for the quarter, compared to the consensus estimate of $678.87 million. During the same quarter in the previous year, the company earned $0.33 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. As a group, analysts anticipate that The Trade Desk will post 1.17 EPS for the current fiscal year.

Analyst Ratings Changes

TTD has been the topic of a number of analyst reports. Piper Sandler reissued a “neutral” rating and set a $24.00 price target on shares of Trade Desk in a research report on Friday, May 8th. Wedbush set a $21.00 price objective on Trade Desk and gave the company a “neutral” rating in a report on Friday, May 8th. DA Davidson set a $29.00 target price on Trade Desk and gave the company a “buy” rating in a research report on Monday, May 11th. Wells Fargo & Company set a $20.00 target price on Trade Desk and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Scotiabank set a $20.00 price target on Trade Desk in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $31.50.

Trade Desk 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.