Public Employees Retirement System of Ohio Purchases New Stake in The Trade Desk $TTD

Public Employees Retirement System of Ohio acquired a new position in The Trade Desk (NASDAQ:TTD) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 120,818 shares of the technology company’s stock, valued at approximately $2,184,000.

A number of other institutional investors have also recently bought and sold shares of TTD. Arthedge Capital Management LLC acquired a new position in shares of Trade Desk in the 2nd quarter valued at about $4,398,864. Trust Co. of Vermont acquired a new stake in shares of Trade Desk during the second quarter worth approximately $111,000. Bank of New York Mellon Corp purchased a new position in Trade Desk during the second quarter valued at approximately $39,750,000. Trust Asset Management LLC acquired a new position in Trade Desk in the 2nd quarter valued at approximately $88,000. Finally, Tema ETFs LLC increased its stake in Trade Desk by 9.5% in the 2nd quarter. Tema ETFs LLC now owns 8,360 shares of the technology company’s stock valued at $151,000 after buying an additional 725 shares during the period. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk News Roundup

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

• Positive Sentiment: The restructuring is intended to organize employees into smaller, more focused “pods,” potentially improving efficiency and helping The Trade Desk respond more effectively to changing advertising-market conditions. Adtech company The Trade Desk lays off 15% of its staff as part of restructure
• Positive Sentiment: The company launched direct brand-lift measurement within its core advertising platform, giving advertisers a way to measure campaign impact and potentially strengthening product adoption and customer retention. The Trade Desk Opens Direct Brand Lift Measurement
• Positive Sentiment: Joint business partnerships, or JBPs, remain a possible longer-term growth engine despite near-term pressure on advertising demand. Can The Trade Desk’s JBPs Become Its Next Major Growth Engine?
• Neutral Sentiment: Truist analyst Youssef Squali maintained a Hold rating and a $16 price target, saying the restructuring could offset some execution risks but does not yet establish a clear improvement in the company’s outlook. The Trade Desk Hold Rating Maintained
• Negative Sentiment: The workforce reduction includes restructuring charges of up to approximately $51 million, creating near-term costs and raising concerns that management is responding to slowing growth rather than simply improving efficiency. Trade Desk to Cut 15% of Staff
• Negative Sentiment: Investors viewed the sparse filing and lack of detailed restructuring targets as a warning sign, particularly after recent results missed analyst expectations for both earnings and revenue. Why The Trade Desk Stock Fell
• Negative Sentiment: Analysts continue to cite slowing revenue growth and soft advertising demand, reinforcing concerns about execution and the company’s ability to restore growth while competing in a challenging ad-tech market. TTD Stock Plunges Year to Date

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. UBS Group set a $16.00 target price on shares of Trade Desk and gave the company a “buy” rating in a research note on Friday, August 7th. Guggenheim downgraded shares of Trade Desk from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $25.00 to $12.00 in a research note on Friday, August 7th. Weiss Ratings lowered Trade Desk from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 16th. BNP Paribas Exane cut Trade Desk from a “neutral” rating to an “underperform” rating and set a $10.00 price objective for the company. in a research report on Monday, August 10th. Finally, Benchmark reissued a “buy” rating and set a $20.00 price objective (down from $30.00) on shares of Trade Desk in a research report on Monday, August 3rd. Four investment analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and ten have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $19.33.

Trade Desk Price Performance

NASDAQ TTD opened at $14.43 on Monday. The stock has a market capitalization of $6.78 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 1.61 and a beta of 1.01. The company has a 50 day moving average price of $16.59 and a two-hundred day moving average price of $20.40. The Trade Desk has a 12-month low of $12.83 and a 12-month high of $56.39.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.06). The business had revenue of $715.06 million during the quarter, compared to the consensus estimate of $752.41 million. Trade Desk had a return on equity of 16.09% and a net margin of 13.61%.The business’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 earnings per share. As a group, equities analysts anticipate that The Trade Desk will post 0.51 EPS for the current year.

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.