Legal & General Group Plc Increases Stake in The Trade Desk $TTD

Legal & General Group Plc lifted its stake in The Trade Desk (NASDAQ:TTD) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,529,713 shares of the technology company’s stock after purchasing an additional 87,203 shares during the quarter. Legal & General Group Plc’s holdings in Trade Desk were worth $96,028,000 as of its most recent SEC filing.

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

Trending Headlines about Trade Desk

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

• Positive Sentiment: Some coverage argues The Trade Desk still sits in a large long-term digital advertising opportunity, and the stock briefly drew buyers as investors looked for signs the selloff may have gone too far. Article Title
• Neutral Sentiment: The stock remains a highly discussed name after showing up on trending-stock lists, reflecting elevated investor attention rather than a clear fundamental catalyst. Article Title
• Neutral Sentiment: Short-interest data was reported as effectively unchanged, offering little new evidence of either a major bearish build-up or a short-squeeze setup.
• Negative Sentiment: Rothschild & Co Redburn initiated coverage with a sell rating and an $11 price target, implying roughly 48% downside from the recent share price and reinforcing the bearish tone around the stock. Article Title
• Negative Sentiment: Additional commentary highlighted that The Trade Desk’s “easy-growth” phase may be over, with investors increasingly worried about softer near-term guidance, tougher competition from Amazon, and strained relationships with ad agencies. Article Title
• Negative Sentiment: Another article warned of a “new reality” for TTD stock, citing the risk that the shares could fall much further if growth slows and valuation compresses. Article Title

Trade Desk Stock Down 5.1%

Shares of TTD opened at $21.15 on Friday. The firm’s fifty day moving average is $22.29 and its two-hundred day moving average is $29.83. The stock has a market cap of $9.94 billion, a PE ratio of 24.03, a price-to-earnings-growth ratio of 1.08 and a beta of 1.10. The Trade Desk has a 52-week low of $19.74 and a 52-week high of $91.45.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.24). The firm had revenue of $688.86 million for 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 company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS. As a group, research analysts anticipate that The Trade Desk will post 1.17 earnings per share for the current year.

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

Analyst Ratings Changes

TTD has been the topic of several recent research reports. Benchmark lowered their target price on shares of Trade Desk from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wedbush set a $21.00 target price on shares of Trade Desk and gave the stock a “neutral” rating in a research note on Friday, May 8th. UBS Group set a $31.00 target price on shares of Trade Desk and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $22.00 target price on shares of Trade Desk in a research note on Thursday, February 26th. Finally, Oppenheimer cut shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have given a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $33.91.

Insider Buying and Selling at Trade Desk

In other news, Director Kathryn E. Falberg sold 102,828 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the transaction, the director owned 1,946 shares of the company’s stock, valued at approximately $59,255.70. The trade was a 98.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 11.41% of the company’s stock.

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.