Stock Traders Purchase Large Volume of Trade Desk Call Options (NASDAQ:TTD)

The Trade Desk (NASDAQ:TTD) saw unusually large options trading on Wednesday. Traders purchased 83,354 call options on the stock. This represents an increase of 41% compared to the typical daily volume of 59,156 call options.

Trade Desk Stock Up 0.9%

NASDAQ:TTD traded up $0.22 on Wednesday, reaching $25.16. The company’s stock had a trading volume of 24,657,416 shares, compared to its average volume of 13,967,783. Trade Desk has a 12-month low of $23.78 and a 12-month high of $91.45. The stock has a 50 day moving average price of $33.05 and a 200 day moving average price of $42.34. The firm has a market cap of $12.17 billion, a price-to-earnings ratio of 28.92, a price-to-earnings-growth ratio of 0.95 and a beta of 1.10.

Trade Desk announced that its Board of Directors has initiated a stock repurchase plan on Thursday, November 6th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the technology company to purchase up to 2.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

TTD has been the subject of a number of research reports. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Wolfe Research reaffirmed an “outperform” rating and set a $45.00 price objective (down from $60.00) on shares of Trade Desk in a research note on Monday, January 5th. Cfra reiterated a “hold” rating and issued a $40.00 price objective on shares of Trade Desk in a report on Tuesday, January 27th. Bank of America lowered their target price on Trade Desk from $49.00 to $40.00 and set an “underperform” rating on the stock in a report on Tuesday, January 20th. Finally, Rosenblatt Securities cut their price target on Trade Desk from $64.00 to $53.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fifteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk has an average rating of “Hold” and an average target price of $57.58.

Institutional Investors Weigh In On Trade Desk

A number of institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Trade Desk by 0.7% in the second quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock valued at $3,207,504,000 after buying an additional 317,107 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Trade Desk by 327.3% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock worth $80,732,000 after buying an additional 858,978 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Trade Desk by 62.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock valued at $8,515,000 after acquiring an additional 66,672 shares during the last quarter. Jacobson & Schmitt Advisors LLC increased its holdings in shares of Trade Desk by 19.6% in the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock valued at $14,192,000 after acquiring an additional 47,539 shares during the last quarter. Finally, Panagora Asset Management Inc. increased its holdings in shares of Trade Desk by 22.9% in the 2nd quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock valued at $71,759,000 after acquiring an additional 185,552 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Trade Desk

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

• Positive Sentiment: TTD launched the Ventura Ecosystem to link TV OSes and streaming platforms with its monetization and transparency tools, which management says should boost CTV transparency and CPMs and support continued CTV revenue momentum. Trade Desk Unveils Ventura Ecosystem to Elevate CTV Advertising
• Neutral Sentiment: Investors are focused on TTD’s upcoming quarterly report — analysts and traders say the revenue growth rate is the single most important metric to determine whether the recent sell-off reflects a durable slowdown or a buying opportunity. The Trade Desk Faces Its Most Important Revenue Test After a 67% Collapse
• Neutral Sentiment: Market commentary and technical chatter show both bullish setups (RSI divergences, fading downside momentum) and warnings that the stock needs a strong top-line print to sustain any rebound — positioning is mixed ahead of the print. TTD Opinions on Upcoming Q4 Earnings
• Negative Sentiment: Analysts and sell-side notes flag rising competition and the risk of ad spend consolidating in closed platform ecosystems; Wedbush kept a Neutral rating but cut its 12-month price target to $23, reflecting those headwinds. The Trade Desk faces rising competition ahead of Q4 earnings report
• Negative Sentiment: Significant institutional repositioning and notable insider/hedge-fund selling have pressured sentiment — several large managers trimmed holdings in Q4 and some high-profile investors exited, increasing downside risk if the quarter disappoints. TTD Opinions on Upcoming Q4 Earnings (institutional activity)

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.