3,209 Shares in The Trade Desk $TTD Bought by Bridgewater Advisors Inc.

Bridgewater Advisors Inc. purchased a new stake in shares of The Trade Desk (NASDAQ:TTD) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,209 shares of the technology company’s stock, valued at approximately $231,000.

Several other large investors have also made changes to their positions in TTD. Banque Cantonale Vaudoise bought a new stake in Trade Desk during the 1st quarter valued at approximately $26,000. Sound Income Strategies LLC grew its holdings in Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after buying an additional 270 shares in the last quarter. West Oak Capital LLC raised its position in shares of Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock valued at $31,000 after buying an additional 350 shares during the last quarter. HighMark Wealth Management LLC lifted its holdings in shares of Trade Desk by 46.2% in the second quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock worth $34,000 after buying an additional 151 shares in the last quarter. Finally, Vermillion Wealth Management Inc. boosted its position in shares of Trade Desk by 400.0% during the second quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock worth $36,000 after acquiring an additional 400 shares during the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company’s stock, valued at approximately $242,687. The trade was a 21.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 10.00% of the company’s stock.

Trade Desk Price Performance

Shares of NASDAQ TTD opened at $47.24 on Wednesday. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53. The business’s 50 day moving average is $50.32 and its two-hundred day moving average is $62.88. The stock has a market capitalization of $23.10 billion, a P/E ratio of 56.92, a PEG ratio of 2.62 and a beta of 1.43.

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

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Zacks Research cut shares of Trade Desk from a “hold” rating to a “strong sell” rating in a research note on Monday, October 13th. KeyCorp lifted their target price on Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Royal Bank Of Canada decreased their target price on Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. JMP Securities set a $60.00 price target on Trade Desk and gave the company a “market outperform” rating in a report on Tuesday, September 30th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $84.48.

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.