Knuff & Co LLC Sells 52,275 Shares of The Trade Desk $TTD

Knuff & Co LLC reduced its holdings in shares of The Trade Desk (NASDAQ:TTD) by 92.9% during the fourth quarter, HoldingsChannel reports. The firm owned 4,000 shares of the technology company’s stock after selling 52,275 shares during the period. Knuff & Co LLC’s holdings in Trade Desk were worth $152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the stock. Pacer Advisors Inc. boosted its holdings in shares of Trade Desk by 3.5% during the 4th quarter. Pacer Advisors Inc. now owns 258,803 shares of the technology company’s stock valued at $9,824,000 after acquiring an additional 8,833 shares during the last quarter. World Investment Advisors raised its holdings in shares of Trade Desk by 5.2% during the fourth quarter. World Investment Advisors now owns 13,092 shares of the technology company’s stock valued at $497,000 after purchasing an additional 644 shares during the last quarter. Jacksonville Wealth Management LLC raised its holdings in shares of Trade Desk by 8.2% during the fourth quarter. Jacksonville Wealth Management LLC now owns 17,452 shares of the technology company’s stock valued at $662,000 after purchasing an additional 1,328 shares during the last quarter. Meridian Wealth Management LLC purchased a new position in shares of Trade Desk during the fourth quarter valued at approximately $1,235,000. Finally, Versor Investments LP raised its holdings in shares of Trade Desk by 178.8% during the fourth quarter. Versor Investments LP now owns 23,300 shares of the technology company’s stock valued at $884,000 after purchasing an additional 14,943 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk News Roundup

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

• Positive Sentiment: Recent commentary pointed to stronger demand trends, including a surge in JBP deals and rising ad-spend commitments, which suggests some brands are still leaning into data-driven advertising. Article Title
• Positive Sentiment: Trade Desk’s latest quarter still showed year-over-year revenue growth, indicating the business is expanding despite a tougher advertising environment. Article Title
• Neutral Sentiment: The stock is drawing heavy trader and investor attention, with multiple articles highlighting whether TTD is a buy after the recent earnings miss. Article Title
• Neutral Sentiment: Technical coverage says the shares are struggling to reclaim lost ground and are trading well below major trend lines, reinforcing a bearish chart setup. Article Title
• Negative Sentiment: Investors remain focused on Trade Desk’s recent earnings miss and softer-than-expected revenue guidance, which raised concerns about slowing growth. Article Title
• Negative Sentiment: Analyst downgrades have added to the pressure on TTD, signaling that Wall Street is becoming more cautious on the near-term outlook. Article Title

Analyst Upgrades and Downgrades

TTD has been the subject of several research reports. Cfra reissued a “hold” rating and set a $40.00 price objective on shares of Trade Desk in a report on Tuesday, January 27th. Citigroup reissued a “neutral” rating on shares of Trade Desk in a report on Friday, May 8th. Royal Bank Of Canada set a $33.00 price objective on shares of Trade Desk and gave the company an “outperform” rating in a report on Friday, May 8th. Morgan Stanley set a $26.00 target price on Trade Desk in a report on Friday, May 8th. Finally, Truist Financial set a $35.00 target price on Trade Desk and gave the company a “buy” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $36.29.

Insider Buying and Selling

In other Trade Desk news, Director Kathryn E. Falberg sold 50,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.48, for a total value of $1,524,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.41% of the stock is currently owned by insiders.

Trade Desk Stock Performance

TTD stock opened at $20.49 on Thursday. The Trade Desk has a fifty-two week low of $19.74 and a fifty-two week high of $91.45. The business’s 50-day moving average is $23.51 and its two-hundred day moving average is $31.96. The company has a market cap of $9.75 billion, a price-to-earnings ratio of 23.28, a P/E/G ratio of 0.98 and a beta of 1.10.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same period in the prior year, the company posted $0.33 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. Equities analysts predict that The Trade Desk will post 1.23 earnings per share for the current year.

Trade Desk announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to repurchase $350.00 million in shares. This repurchase authorization permits the technology company to purchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s management believes its stock is undervalued.

About Trade Desk

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.