Victory Capital Management Inc. Sells 386,786 Shares of The Trade Desk $TTD

Victory Capital Management Inc. lowered its stake in shares of The Trade Desk (NASDAQ:TTD) by 32.0% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 823,756 shares of the technology company’s stock after selling 386,786 shares during the quarter. Victory Capital Management Inc.’s holdings in Trade Desk were worth $40,372,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Champlain Investment Partners LLC raised its position in Trade Desk by 25.7% in the third quarter. Champlain Investment Partners LLC now owns 1,671,640 shares of the technology company’s stock worth $81,927,000 after acquiring an additional 341,340 shares during the period. Kingsview Wealth Management LLC increased its stake in shares of Trade Desk by 37.6% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,449 shares of the technology company’s stock worth $806,000 after purchasing an additional 4,496 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in shares of Trade Desk in the 3rd quarter worth approximately $251,000. Cache Advisors LLC purchased a new position in Trade Desk in the third quarter valued at approximately $136,000. Finally, Rafferty Asset Management LLC lifted its stake in Trade Desk by 83.9% in the third quarter. Rafferty Asset Management LLC now owns 317,433 shares of the technology company’s stock valued at $15,557,000 after purchasing an additional 144,801 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on TTD. DA Davidson set a $32.00 target price on Trade Desk in a research report on Thursday. Wolfe Research reaffirmed an “outperform” rating and set a $45.00 price target (down from $60.00) on shares of Trade Desk in a research report on Monday, January 5th. Truist Financial cut their price target on Trade Desk from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. UBS Group decreased their price objective on Trade Desk from $50.00 to $44.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Finally, Wells Fargo & Company lowered their price objective on Trade Desk from $42.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, fifteen have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $43.45.

Key Headlines Impacting Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: OpenAI partnership reports pushed strong upside expectations for TTD, triggering an 18% rally as investors price in access to ChatGPT ad inventory and new AI-driven demand channels. The Trade Desk (TTD) Soars 18% on OpenAI Deal Buzz
• Positive Sentiment: CEO Jeff Green made a large insider purchase (~6M shares, reported ~$148M), which traders view as a confidence signal and helped amplify the rally. Trade Desk (TTD) Soars 20% after CEO’s Huge $148M Insider Purchase
• Positive Sentiment: The company launched the Ventura Ecosystem to unify CTV platforms and OS partners — a strategic move that could improve CTV monetization long term if adoption follows. The Trade Desk (TTD) Introduces Ventura Ecosystem for Connected TV Advertising
• Positive Sentiment: Some analysts remain constructive (Evercore reiterated Buy with a $35 target), arguing the OpenAI angle + insider buying and stretched sell-off leave upside. The Trade Desk: Buy Rated on OpenAI Ad Partnership Upside…
• Neutral Sentiment: Industry / sector rebound articles highlight TTD among software stocks that look attractive after the correction — supportive context but not an immediate catalyst. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Company presentation/transcript from the Morgan Stanley TMT conference is available; useful for modeling but no new financial guidance released in these materials. The Trade Desk, Inc. (TTD) Presents at Morgan Stanley…
• Negative Sentiment: Wedbush downgraded TTD to Underperform, saying the stock has rallied too far on OpenAI hype and that the partnership’s impact may be overstated; they set a $23 price target — a direct catalyst for selling pressure. Wedbush downgrades The Trade Desk, says OpenAI deal impact overestimated
• Negative Sentiment: Underlying fundamentals remain a concern: recent guidance misses and slowing revenue growth have forced a reset in growth/valuation expectations, which leaves the rally vulnerable to profit-taking and skeptical sell-side views. The Trade Desk Stock Dropped 5% on a Guidance Miss

Trade Desk Stock Down 1.7%

Shares of TTD opened at $29.28 on Friday. The Trade Desk has a twelve month low of $21.08 and a twelve month high of $91.45. The stock has a market cap of $14.16 billion, a PE ratio of 32.53, a P/E/G ratio of 1.16 and a beta of 1.13. The business’s 50-day moving average price is $31.16 and its 200-day moving average price is $40.89.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, meeting analysts’ consensus estimates of $0.59. The company had revenue of $846.79 million during the quarter, compared to analyst estimates of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. Trade Desk’s revenue was up 14.3% compared to the same quarter last year. During the same period last year, the business earned $0.59 earnings per share. Analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

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

Trade Desk Company 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.