35,832 Shares in The Trade Desk $TTD Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new position in shares of The Trade Desk (NASDAQ:TTD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 35,832 shares of the technology company’s stock, valued at approximately $1,360,000.

Other large investors have also bought and sold shares of the company. Nicholas Company Inc. grew its position in Trade Desk by 14.3% during the 4th quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock worth $38,596,000 after acquiring an additional 127,049 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Trade Desk by 62.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after acquiring an additional 66,672 shares during the last quarter. Jacobson & Schmitt Advisors LLC grew its position in Trade Desk by 19.6% during the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after acquiring an additional 47,539 shares during the last quarter. State of Michigan Retirement System acquired a new position in Trade Desk during the 3rd quarter worth $5,906,000. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in Trade Desk by 272.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock worth $2,604,000 after buying an additional 50,209 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors.

Trade Desk Stock Down 0.7%

TTD stock opened at $21.02 on Thursday. The business’s fifty day moving average is $22.88 and its 200-day moving average is $30.90. The company has a market cap of $9.88 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 1.02 and a beta of 1.10. The Trade Desk has a twelve month low of $19.74 and a twelve month high of $91.45.

Trade Desk (NASDAQ:TTD) last posted its quarterly 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). The company had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The business’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $0.33 EPS. Research analysts anticipate that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk declared that its board has authorized a share buyback plan on Wednesday, February 25th that authorizes the company to repurchase $350.00 million in outstanding shares. This repurchase authorization authorizes the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

TTD has been the topic of several research reports. Morgan Stanley set a $26.00 price objective on Trade Desk in a report on Friday, May 8th. UBS Group set a $31.00 price objective on Trade Desk and gave the stock a “buy” rating in a report on Tuesday, April 21st. Piper Sandler reaffirmed a “neutral” rating and set a $24.00 price objective on shares of Trade Desk in a report on Friday, May 8th. DA Davidson set a $29.00 price objective on Trade Desk and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Truist Financial set a $35.00 price objective on Trade Desk and gave the stock a “buy” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Trade Desk has an average rating of “Hold” and a consensus price target of $34.61.

Insider Buying and Selling at Trade Desk

In other news, Director Kathryn E. Falberg sold 102,828 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $30.45, for a total value of $3,131,112.60. Following the transaction, the director owned 1,946 shares of the company’s stock, valued at $59,255.70. This represents a 98.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 11.41% of the stock is currently owned by company insiders.

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.