Roxbury Financial LLC boosted its holdings in The Trade Desk (NASDAQ:TTD – Free Report) by 15,159.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,120 shares of the technology company’s stock after acquiring an additional 4,093 shares during the quarter. Roxbury Financial LLC’s holdings in Trade Desk were worth $297,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Investment Management Corp VA ADV bought a new position in Trade Desk in the 4th quarter worth about $25,000. Park Square Financial Group LLC bought a new position in Trade Desk during the 4th quarter worth approximately $47,000. Banque Cantonale Vaudoise purchased a new stake in Trade Desk in the 1st quarter worth approximately $26,000. Fourth Dimension Wealth LLC purchased a new stake in Trade Desk in the 4th quarter worth approximately $56,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Trade Desk in the 1st quarter valued at approximately $27,000. 67.77% of the stock is currently owned by institutional investors.
Insider Transactions at Trade Desk
In other news, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the transaction, the director owned 5,035 shares of the company’s stock, valued at $242,687. This represents 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. Also, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider owned 218,246 shares of the company’s stock, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company’s stock.
Trade Desk Trading Down 0.2%
Trade Desk (NASDAQ:TTD – Get Free Report) last issued 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 return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. During the same period in the previous year, the firm earned $0.39 EPS. The business’s revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that The Trade Desk will post 1.06 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Jefferies Financial Group cut 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. Arete Research raised Trade Desk to a “strong sell” rating in a research report on Monday, July 28th. Wall Street Zen lowered Trade Desk from a “hold” rating to a “sell” rating in a research report on Monday, September 1st. Stifel Nicolaus reduced their price objective on Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Finally, UBS Group reduced their price objective on Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Trade Desk has an average rating of “Hold” and a consensus price target of $87.67.
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.
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