EMC Capital Management Has $515,000 Stock Position in The Trade Desk $TTD

EMC Capital Management grew its holdings in The Trade Desk (NASDAQ:TTD) by 26.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,151 shares of the technology company’s stock after purchasing an additional 1,500 shares during the period. Trade Desk comprises approximately 0.3% of EMC Capital Management’s investment portfolio, making the stock its 17th biggest holding. EMC Capital Management’s holdings in Trade Desk were worth $515,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in TTD. Outlook Wealth Advisors LLC bought a new position in Trade Desk in the second quarter valued at $380,000. TD Waterhouse Canada Inc. lifted its position in Trade Desk by 54.0% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 17,273 shares of the technology company’s stock worth $1,269,000 after buying an additional 6,059 shares in the last quarter. Primecap Management Co. CA boosted its stake in shares of Trade Desk by 22.0% during the 2nd quarter. Primecap Management Co. CA now owns 254,925 shares of the technology company’s stock worth $18,352,000 after buying an additional 45,925 shares during the last quarter. Greenland Capital Management LP bought a new position in shares of Trade Desk in the 2nd quarter valued at about $5,521,000. Finally, HHM Wealth Advisors LLC increased its position in shares of Trade Desk by 8.4% in the second quarter. HHM Wealth Advisors LLC now owns 6,445 shares of the technology company’s stock valued at $464,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on TTD. UBS Group reissued a “buy” rating and set a $82.00 price target (up from $80.00) on shares of Trade Desk in a research report on Friday, November 7th. Stifel Nicolaus cut their price objective on Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a report on Friday, August 8th. HSBC reissued a “hold” rating and issued a $56.00 target price on shares of Trade Desk in a research note on Monday, August 11th. Bank of America reaffirmed an “underperform” rating and set a $55.00 price target (down from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Finally, Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Twenty-one investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Trade Desk has a consensus rating of “Hold” and an average target price of $78.33.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $40.47 on Wednesday. The business has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $62.25. The Trade Desk has a 1 year low of $39.69 and a 1 year high of $141.53. The company has a market capitalization of $19.57 billion, a price-to-earnings ratio of 46.52, a P/E/G ratio of 1.99 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.41 earnings per share. Trade Desk has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has authorized a share buyback program on Thursday, November 6th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 2.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’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 transaction of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares in the company, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 10.00% of the stock is currently owned by corporate insiders.

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.