5,019 Shares in The Trade Desk $TTD Acquired by Index Fund Advisors Inc.

Index Fund Advisors Inc. acquired a new position in The Trade Desk (NASDAQ:TTD) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 5,019 shares of the technology company’s stock, valued at approximately $361,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Ashton Thomas Securities LLC lifted its position in shares of Trade Desk by 2.6% during the 1st quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock valued at $315,000 after acquiring an additional 144 shares during the last quarter. Tradition Wealth Management LLC lifted its holdings in shares of Trade Desk by 2.4% in the first quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company’s stock valued at $347,000 after purchasing an additional 150 shares in 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 valued at $34,000 after purchasing an additional 151 shares in the last quarter. Meiji Yasuda Life Insurance Co lifted its holdings in shares of Trade Desk by 2.8% in the first quarter. Meiji Yasuda Life Insurance Co now owns 5,857 shares of the technology company’s stock valued at $320,000 after purchasing an additional 157 shares in the last quarter. Finally, Brighton Jones LLC lifted its holdings in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after purchasing an additional 169 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Trading Down 3.2%

NASDAQ TTD opened at $52.36 on Monday. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53. The company has a market capitalization of $25.60 billion, a PE ratio of 63.09, a price-to-earnings-growth ratio of 2.80 and a beta of 1.38. The firm’s fifty day simple moving average is $53.78 and its 200-day simple moving average is $62.72.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million during the quarter, compared to analyst estimates of $686.00 million. During the same period last year, the company posted $0.39 earnings per share. The company’s 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, analysts predict that The Trade Desk will post 1.06 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. HSBC restated a “hold” rating and issued a $56.00 target price on shares of Trade Desk in a report on Monday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Trade Desk in a report on Wednesday, October 8th. Morgan Stanley lowered Trade Desk from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $80.00 to $50.00 in a report on Wednesday, September 10th. Royal Bank Of Canada reduced their target price on Trade Desk from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Finally, Wedbush restated an “outperform” rating and issued a $86.00 target price on shares of Trade Desk in a report on Tuesday, July 15th. 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 stock. According to MarketBeat, Trade Desk currently has a consensus rating of “Moderate Buy” and an average price target of $84.48.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction on 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 of the company’s stock, valued at $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the transaction, the director directly owned 5,035 shares in the company, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company’s stock.

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.