Mediolanum International Funds Ltd Grows Stock Position in The Trade Desk $TTD

Mediolanum International Funds Ltd raised its position in The Trade Desk (NASDAQ:TTD) by 107.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,270 shares of the technology company’s stock after acquiring an additional 95,555 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Trade Desk were worth $4,056,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after purchasing an additional 169 shares during the period. Howard Capital Management Inc. increased its stake in Trade Desk by 2.3% during the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock worth $461,000 after buying an additional 275 shares during the period. Tema Etfs LLC lifted its holdings in Trade Desk by 4.1% in the 4th quarter. Tema Etfs LLC now owns 7,600 shares of the technology company’s stock worth $288,000 after buying an additional 302 shares in the last quarter. Visionary Wealth Advisors boosted its position in Trade Desk by 3.3% in the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock valued at $728,000 after buying an additional 327 shares during the last quarter. Finally, CVA Family Office LLC grew its stake in shares of Trade Desk by 62.1% during the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after acquiring an additional 344 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Trading Up 0.3%

Shares of TTD opened at $18.64 on Tuesday. The firm has a market cap of $8.76 billion, a price-to-earnings ratio of 21.18, a PEG ratio of 0.90 and a beta of 1.04. The stock has a 50 day moving average of $19.83 and a 200-day moving average of $24.63. The Trade Desk has a 52 week low of $16.98 and a 52 week high of $91.45.

Trade Desk (NASDAQ:TTD) last issued 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 firm had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. Trade Desk’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. On average, sell-side analysts predict that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the completion of the sale, the director owned 13,099 shares in the company, valued at $276,912.86. The trade was a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.41% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TTD has been the topic of several recent analyst reports. Evercore set a $27.00 price target on Trade Desk in a research note on Friday, May 8th. Rosenblatt Securities lowered their price objective on Trade Desk from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. KeyCorp lowered Trade Desk from an “overweight” rating to a “sector weight” rating in a research report on Friday, May 8th. Guggenheim reduced their target price on Trade Desk from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, HSBC raised shares of Trade Desk from a “reduce” rating to a “hold” rating and set a $20.00 price target for the company in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $33.43.

Trade Desk 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.