111 Capital Makes New $1.75 Million Investment in The Trade Desk $TTD

111 Capital acquired a new position in The Trade Desk (NASDAQ:TTD) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 24,246 shares of the technology company’s stock, valued at approximately $1,745,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LaFleur & Godfrey LLC purchased a new position in shares of Trade Desk during the second quarter worth about $5,029,000. Congress Park Capital LLC lifted its position in Trade Desk by 13.2% during the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock valued at $3,872,000 after purchasing an additional 6,257 shares during the last quarter. Swedbank AB grew its stake in Trade Desk by 32.2% in the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock worth $39,757,000 after buying an additional 134,620 shares in the last quarter. First Bank & Trust increased its holdings in shares of Trade Desk by 137.6% in the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock worth $1,668,000 after buying an additional 13,418 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Trade Desk in the 2nd quarter worth $845,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Stock Performance

Shares of TTD stock opened at $51.55 on Friday. The company has a market capitalization of $25.21 billion, a P/E ratio of 62.11, a PEG ratio of 2.72 and a beta of 1.38. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53. The stock has a 50 day moving average price of $57.09 and a two-hundred day moving average price of $62.81.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million during the quarter, compared to analysts’ expectations of $686.00 million. During the same period in the previous year, the firm earned $0.39 earnings per share. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Stifel Nicolaus cut their target price on shares of Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Wedbush reiterated an “outperform” rating and issued a $86.00 price objective on shares of Trade Desk in a report on Tuesday, July 15th. Jefferies Financial Group lowered Trade Desk from a “buy” rating to a “hold” rating and reduced their price objective for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Bank of America reissued an “underperform” rating and set a $55.00 price objective (down from $130.00) on shares of Trade Desk in a report on Friday, August 8th. Finally, HSBC reaffirmed a “hold” rating and issued a $56.00 target price on shares of Trade Desk in a research note on Monday, August 11th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $84.94.

Insider Transactions at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company’s stock, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the completion of the transaction, the insider owned 218,246 shares of the company’s stock, valued at $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is owned by insiders.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.