The Trade Desk $TTD Shares Sold by TD Asset Management Inc

TD Asset Management Inc cut its stake in shares of The Trade Desk (NASDAQ:TTD) by 17.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 593,488 shares of the technology company’s stock after selling 124,684 shares during the quarter. TD Asset Management Inc’s holdings in Trade Desk were worth $29,087,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TTD. STF Management LP boosted its holdings in Trade Desk by 2.1% during the second quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after buying an additional 136 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after acquiring an additional 169 shares in the last quarter. M&T Bank Corp grew its holdings in shares of Trade Desk by 0.7% in the 2nd quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock worth $1,987,000 after acquiring an additional 194 shares during the period. Parkside Financial Bank & Trust grew its holdings in shares of Trade Desk by 52.2% in the 2nd quarter. Parkside Financial Bank & Trust now owns 586 shares of the technology company’s stock worth $42,000 after acquiring an additional 201 shares during the period. Finally, AE Wealth Management LLC increased its stake in Trade Desk by 5.4% in the 2nd quarter. AE Wealth Management LLC now owns 4,553 shares of the technology company’s stock valued at $328,000 after purchasing an additional 235 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $23.82 on Friday. The firm has a market cap of $11.52 billion, a P/E ratio of 26.47, a price-to-earnings-growth ratio of 0.93 and a beta of 1.10. The Trade Desk has a 1 year low of $21.08 and a 1 year high of $91.45. The firm’s 50 day moving average price is $32.27 and its 200 day moving average price is $41.81.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. Trade Desk had a return on equity of 16.60% and a net margin of 15.31%.The company had revenue of $846.79 million for the quarter, compared to analyst estimates of $840.56 million. During the same quarter in the prior year, the company posted $0.59 EPS. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. As a group, equities analysts predict that The Trade Desk will post 1.06 EPS for the current year.

Trade Desk declared that its Board of Directors has approved a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to buy up to 2.1% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research firms have commented on TTD. Royal Bank Of Canada decreased their target price on Trade Desk from $65.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday. Citigroup dropped their target price on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Stifel Nicolaus reduced their price target on shares of Trade Desk from $74.00 to $48.00 and set a “buy” rating on the stock in a report on Thursday. Scotiabank reissued a “sector perform” rating and set a $32.00 price objective (down from $60.00) on shares of Trade Desk in a research note on Thursday. Finally, Bank of America cut their price objective on Trade Desk from $49.00 to $40.00 and set an “underperform” rating for the company in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Trade Desk has an average rating of “Hold” and a consensus target price of $44.70.

More Trade Desk News

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

• Positive Sentiment: Board authorized a $350 million share repurchase (about 2.9% of shares), signaling management thinks the stock is undervalued. MarketBeat Buyback Report
• Positive Sentiment: Q4 beat: revenue of ~$847M and EPS in line with consensus; core ad businesses (CTV/video) remain large and audio is cited as an emerging growth driver. Proactive Investors Q4 Coverage
• Positive Sentiment: Product roadmap/Kokai platform rollout noted as a potential catalyst that could restore growth and justify valuation after the pullback. Yahoo Valuation/Kokai Article
• Neutral Sentiment: Unusually large options volume — indicates elevated trading/speculation and hedging activity around the stock but not directional confirmation. American Banking News Options Note
• Negative Sentiment: Softer Q1 guidance: management guided Q1 revenue growth below Street expectations (roughly +10% vs. ~12% consensus) and flagged a ~500bps year‑over‑year margin headwind, which spooked investors. Yahoo: Jefferies Reaction & Guidance Note
• Negative Sentiment: Profitability outlook hit: management’s adjusted EBITDA guidance implies a material near‑term cut (one article notes adjusted EBITDA could be halved), increasing short‑term earnings uncertainty. Fool: EBITDA/Guidance Coverage
• Negative Sentiment: Broad analyst repricing: multiple firms cut price targets and ratings after the guidance (examples include Jefferies, Loop, New Street and others), reflecting increased skepticism about near‑term growth and competitive pressure. TipRanks: Analyst Reactions
• Negative Sentiment: Market share and secular worries: coverage highlights slowing growth, competition (notably Amazon), and investor reassessment of the “independent objective ad‑tech” thesis, pressuring multiples. Fool: Competitive/Thesis Coverage

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.