Praxis Investment Management Inc. Invests $861,000 in The Trade Desk $TTD

Praxis Investment Management Inc. purchased a new position in shares of The Trade Desk (NASDAQ:TTD) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 22,683 shares of the technology company’s stock, valued at approximately $861,000.

Other large investors have also modified their holdings of the company. Versant Capital Management Inc raised its stake in shares of Trade Desk by 175.8% during the third quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock worth $26,000 after purchasing an additional 334 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of Trade Desk during the third quarter worth approximately $26,000. First Horizon Corp purchased a new stake in shares of Trade Desk during the third quarter worth approximately $29,000. Quent Capital LLC purchased a new stake in shares of Trade Desk during the third quarter worth approximately $32,000. Finally, Elevation Wealth Partners LLC raised its stake in shares of Trade Desk by 2,382.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after purchasing an additional 691 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

More Trade Desk News

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

• Positive Sentiment: Revenue roughly matched/beat expectations (helping the topline view despite slowing growth). View press release and slide deck. Press Release
• Positive Sentiment: Significant insider buying by CEO noted in filings — a signal management is buying the stock at current levels. Quiver Quant
• Neutral Sentiment: Analysts are split: several buy/outperform ratings remain, but some firms have downgraded or set lower targets — median 6‑month target around $35, with a range into the low $20s. Globe & Mail
• Neutral Sentiment: Company said it updated Q2 guidance (details were minimal in early releases) — guidance clarity will be a near-term catalyst but the update as released did not reassure markets.
• Negative Sentiment: EPS missed estimates: Q1 EPS $0.28 vs. consensus ~$0.32, falling short and raising concerns about margin pressure. Zacks
• Negative Sentiment: Growth decelerated vs. prior periods and profit came up short of expectations — investors are focused on whether management can reaccelerate demand and stabilize margins. MarketWatch
• Negative Sentiment: Ongoing agency-client uncertainty (reports of at least one large agency advising clients on platform use after a third‑party audit) plus recent leadership/finance changes elevated execution and revenue-risk concerns. This dynamic likely amplified the selloff. Quiver Quant

Analyst Ratings Changes

Several research firms have issued reports on TTD. Jefferies Financial Group reiterated a “hold” rating on shares of Trade Desk in a research report on Tuesday, March 17th. Loop Capital cut Trade Desk from a “buy” rating to a “hold” rating and cut their price objective for the stock from $75.00 to $25.00 in a research report on Thursday, February 26th. William Blair cut Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday. Cantor Fitzgerald reiterated a “neutral” rating and issued a $22.00 price objective on shares of Trade Desk in a research report on Thursday, February 26th. Finally, KeyCorp cut Trade Desk from an “overweight” rating to a “sector weight” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $41.38.

Trade Desk Stock Down 2.2%

TTD opened at $23.49 on Friday. The firm has a market cap of $11.18 billion, a P/E ratio of 26.10, a PEG ratio of 0.96 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. The business’s fifty day simple moving average is $23.73 and its 200 day simple moving average is $32.86.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The business had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. During the same period in the previous year, the business posted $0.33 earnings per share. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. As a group, equities analysts expect that The Trade Desk will post 1.27 EPS for the current fiscal year.

Trade Desk declared that its board has approved a share repurchase program on Wednesday, February 25th that permits the company to repurchase $350.00 million in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Kathryn E. Falberg sold 50,000 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.48, for a total value of $1,524,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.