Tcfg Wealth Management LLC Sells 1,190 Shares of The Trade Desk $TTD

Tcfg Wealth Management LLC lessened its position in shares of The Trade Desk (NASDAQ:TTD) by 15.6% during the second quarter, HoldingsChannel.com reports. The fund owned 6,420 shares of the technology company’s stock after selling 1,190 shares during the period. Tcfg Wealth Management LLC’s holdings in Trade Desk were worth $462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new position in shares of Trade Desk during the 1st quarter valued at $26,000. Sound Income Strategies LLC raised its position in shares of Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after buying an additional 270 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Trade Desk during the first quarter valued at $27,000. von Borstel & Associates Inc. purchased a new position in Trade Desk during the first quarter worth about $31,000. Finally, West Oak Capital LLC grew its position in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after buying an additional 350 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Stock Performance

Shares of TTD opened at $53.14 on Tuesday. The firm has a market cap of $25.98 billion, a price-to-earnings ratio of 64.02, a PEG ratio of 2.76 and a beta of 1.38. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53. The firm has a 50 day moving average price of $56.38 and a 200-day moving average price of $62.89.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. Trade Desk’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.

Insider Transactions at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction dated Wednesday, September 10th. The stock was 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 represents a 21.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the transaction, the insider directly owned 218,246 shares in the company, valued at $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TTD has been the topic of several recent analyst reports. Evercore ISI raised Trade Desk from an “in-line” rating to an “outperform” rating and set a $90.00 price target on the stock in a report on Friday, June 27th. BTIG Research downgraded shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Rosenblatt Securities reissued a “buy” rating on shares of Trade Desk in a research note on Friday, August 8th. Arete Research raised shares of Trade Desk to a “strong sell” rating in a report on Monday, July 28th. Finally, Moffett Nathanson downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective for the company. in a report on Friday, August 8th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $84.48.

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.