Edmond DE Rothschild Holding S.A. Increases Stock Position in The Trade Desk $TTD

Edmond DE Rothschild Holding S.A. increased its position in shares of The Trade Desk (NASDAQ:TTD) by 11.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,623 shares of the technology company’s stock after buying an additional 2,837 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Trade Desk were worth $1,989,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of 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 grew its stake in Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after purchasing an additional 485 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in Trade Desk by 35.5% during the 1st quarter. Avantax Advisory Services Inc. now owns 31,473 shares of the technology company’s stock worth $1,722,000 after purchasing an additional 8,245 shares during the last quarter. Cetera Investment Advisers raised its position in shares of Trade Desk by 27.1% in the 1st quarter. Cetera Investment Advisers now owns 176,425 shares of the technology company’s stock valued at $9,654,000 after purchasing an additional 37,643 shares in the last quarter. Finally, HB Wealth Management LLC boosted its stake in shares of Trade Desk by 36.6% during the 1st quarter. HB Wealth Management LLC now owns 12,352 shares of the technology company’s stock valued at $676,000 after buying an additional 3,312 shares during the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Wall Street Analyst Weigh In

TTD has been the subject of several recent analyst reports. Benchmark raised shares of Trade Desk from a “hold” rating to a “buy” rating and set a $65.00 price objective for the company in a report on Friday, November 7th. Needham & Company LLC lowered their price target on shares of Trade Desk from $84.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, November 7th. BTIG Research cut Trade Desk from a “buy” rating to a “neutral” rating in a research report on Friday, August 8th. Jefferies Financial Group cut shares of Trade Desk from a “buy” rating to a “hold” rating and lowered their target price for the company from $100.00 to $50.00 in a research note on Monday, August 11th. Finally, Evercore ISI dropped their price objective on Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk currently has an average rating of “Moderate Buy” and a consensus price target of $77.19.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 10.00% of the stock is owned by company insiders.

Trade Desk Trading Up 0.1%

Shares of TTD opened at $39.11 on Thursday. The Trade Desk has a 1-year low of $38.22 and a 1-year high of $141.53. The stock has a market capitalization of $18.91 billion, a P/E ratio of 44.95, a P/E/G ratio of 1.94 and a beta of 1.43. The business’s 50-day moving average price is $47.58 and its 200 day moving average price is $61.37.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The business had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. Trade Desk’s revenue for the quarter was up 17.7% compared to the same quarter last year. Trade Desk has set its Q4 2025 guidance at EPS. On average, research analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk announced that its board has initiated a stock repurchase plan on Thursday, November 6th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

About Trade Desk

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.