Krane Funds Advisors LLC Makes New Investment in The Trade Desk $TTD

Krane Funds Advisors LLC purchased a new position in shares of The Trade Desk (NASDAQ:TTD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 32,700 shares of the technology company’s stock, valued at approximately $1,241,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Trade Desk by 3.8% during the fourth 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. Howard Capital Management Inc. lifted its holdings in shares of Trade Desk by 2.3% during the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock valued at $461,000 after purchasing an additional 275 shares in the last quarter. Insigneo Advisory Services LLC grew its position in shares of Trade Desk by 3.6% in the 3rd quarter. Insigneo Advisory Services LLC now owns 8,632 shares of the technology company’s stock valued at $423,000 after purchasing an additional 298 shares during the period. Tema Etfs LLC increased its stake in Trade Desk by 4.1% during the 4th quarter. Tema Etfs LLC now owns 7,600 shares of the technology company’s stock worth $288,000 after purchasing an additional 302 shares in the last quarter. Finally, Visionary Wealth Advisors raised its holdings in Trade Desk by 3.3% during the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock worth $728,000 after buying an additional 327 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Stock Performance

NASDAQ TTD opened at $19.95 on Monday. The firm has a market capitalization of $9.38 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05. The firm’s fifty day moving average price is $22.05 and its two-hundred day moving average price is $28.92. 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 data 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 analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.33 earnings per share. On average, research analysts anticipate that The Trade Desk will post 1.17 EPS for the current fiscal year.

Trade Desk declared that its board has approved a share buyback program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other Trade Desk 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 value of $1,134,816.34. Following the sale, the director owned 13,099 shares in the company, valued at $276,912.86. This represents a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.41% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on TTD shares. Guggenheim reduced their price target on shares of Trade Desk from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 8th. Evercore set a $27.00 target price on shares of Trade Desk in a research note on Friday, May 8th. Rosenblatt Securities lowered their target price on Trade Desk from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Weiss Ratings upgraded Trade Desk from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, June 1st. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Trade Desk in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have issued a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $33.91.

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.