Apollon Wealth Management LLC Has $2.59 Million Holdings in The Trade Desk $TTD

Apollon Wealth Management LLC grew its stake in shares of The Trade Desk (NASDAQ:TTD) by 9.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,995 shares of the technology company’s stock after acquiring an additional 3,044 shares during the period. Apollon Wealth Management LLC’s holdings in Trade Desk were worth $2,591,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TTD. Brighton Jones LLC lifted its position in Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after acquiring an additional 169 shares during the last quarter. Bison Wealth LLC lifted its position in Trade Desk by 24.3% during the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after acquiring an additional 485 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Trade Desk by 120.6% during the first quarter. Farther Finance Advisors LLC now owns 3,916 shares of the technology company’s stock worth $224,000 after acquiring an additional 2,141 shares during the last quarter. Simon Quick Advisors LLC lifted its position in Trade Desk by 22.2% during the first quarter. Simon Quick Advisors LLC now owns 4,602 shares of the technology company’s stock worth $252,000 after acquiring an additional 837 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Trade Desk by 68.7% in the first quarter. Fifth Third Bancorp now owns 53,200 shares of the technology company’s stock valued at $2,911,000 after buying an additional 21,666 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Hsbc Global Res downgraded shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Guggenheim set a $55.00 price target on shares of Trade Desk and gave the company a “buy” rating in a research report on Monday, September 29th. Wedbush reiterated an “outperform” rating and issued a $86.00 price target on shares of Trade Desk in a research report on Tuesday, July 15th. Morgan Stanley downgraded shares of Trade Desk from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $80.00 to $50.00 in a research report on Wednesday, September 10th. Finally, Oppenheimer lifted their price target on shares of Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, July 29th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Trade Desk currently has a consensus rating of “Moderate Buy” and an average price target of $84.48.

Insiders Place Their Bets

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director owned 5,035 shares of the company’s stock, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jay R. Grant sold 51,290 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the sale, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The disclosure for this sale can be found here. Insiders own 10.00% of the company’s stock.

Trade Desk Price Performance

Shares of TTD opened at $52.36 on Monday. The Trade Desk has a one year low of $42.96 and a one year high of $141.53. The company has a market cap of $25.60 billion, a P/E ratio of 63.09, a P/E/G ratio of 2.80 and a beta of 1.38. The firm has a 50 day simple moving average of $53.78 and a two-hundred day simple moving average of $62.72.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The firm had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.