5,281 Shares in The Trade Desk $TTD Acquired by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC bought a new stake in shares of The Trade Desk (NASDAQ:TTD) in the second quarter, HoldingsChannel reports. The institutional investor bought 5,281 shares of the technology company’s stock, valued at approximately $380,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in shares of Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock valued at $884,860,000 after buying an additional 4,218,975 shares during the period. Nuveen LLC bought a new position in Trade Desk during the 1st quarter worth about $191,935,000. Jennison Associates LLC increased its position in Trade Desk by 17.9% during the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock valued at $1,027,114,000 after purchasing an additional 2,169,252 shares during the period. Vanguard Group Inc. raised its holdings in shares of Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after purchasing an additional 1,567,491 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Trade Desk by 255.4% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock worth $96,132,000 after purchasing an additional 1,262,492 shares during the period. Institutional investors own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

TTD has been the topic of a number of recent research reports. Citigroup reiterated an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Benchmark upgraded Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a report on Friday, November 7th. Truist Financial reduced their price target on Trade Desk from $100.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Susquehanna dropped their price objective on Trade Desk from $135.00 to $85.00 and set a “positive” rating on the stock in a research report on Friday, November 7th. Finally, Moffett Nathanson downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 target price for the company. in a report on Friday, August 8th. Twenty-one investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $78.33.

Insider Buying and Selling

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the business’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 sale, the director owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.00% of the company’s stock.

Trade Desk Stock Performance

Trade Desk stock opened at $40.47 on Wednesday. The stock has a market cap of $19.57 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.43. The stock has a 50-day moving average of $48.31 and a two-hundred day moving average of $62.25. The Trade Desk has a one year low of $39.69 and a one year high of $141.53.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company’s revenue for the quarter was up 17.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.41 earnings per share. Trade Desk has set its Q4 2025 guidance at EPS. As a group, sell-side analysts predict that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a share buyback plan on Thursday, November 6th that permits the company to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

About Trade Desk

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.