The Trade Desk $TTD Shares Bought by Pure Financial Advisors LLC

Pure Financial Advisors LLC raised its position in The Trade Desk (NASDAQ:TTD) by 14.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,662 shares of the technology company’s stock after acquiring an additional 718 shares during the period. Pure Financial Advisors LLC’s holdings in Trade Desk were worth $408,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. LaFleur & Godfrey LLC acquired a new stake in shares of Trade Desk in the 2nd quarter worth $5,029,000. Congress Park Capital LLC lifted its stake in shares of Trade Desk by 13.2% in the 2nd quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock worth $3,872,000 after acquiring an additional 6,257 shares during the period. Swedbank AB lifted its stake in shares of Trade Desk by 32.2% in the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock worth $39,757,000 after acquiring an additional 134,620 shares during the period. First Bank & Trust lifted its stake in shares of Trade Desk by 137.6% in the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock worth $1,668,000 after acquiring an additional 13,418 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in shares of Trade Desk in the 2nd quarter worth $845,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Stock Performance

Trade Desk stock opened at $51.55 on Friday. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The firm has a 50 day moving average price of $57.09 and a 200 day moving average price of $62.81. The company has a market cap of $25.21 billion, a price-to-earnings ratio of 62.11, a PEG ratio of 2.72 and a beta of 1.38.

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

Insider Buying and Selling

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the business’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 value of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jay R. Grant sold 51,290 shares of the business’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 transaction of $4,676,622.20. Following the completion of the sale, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. The trade was 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 insiders.

Wall Street Analyst Weigh In

TTD has been the subject of several recent analyst reports. Guggenheim set a $55.00 price objective on shares of Trade Desk and gave the company a “buy” rating in a research note on Monday. Piper Sandler decreased their price objective on shares of Trade Desk from $65.00 to $64.00 and set a “neutral” rating on the stock in a report on Friday, August 8th. Wells Fargo & Company downgraded shares of Trade Desk from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $74.00 to $68.00 in a report on Thursday, June 26th. JMP Securities set a $60.00 price objective on shares of Trade Desk and gave the stock a “market outperform” rating in a report on Tuesday. Finally, BTIG Research downgraded shares of Trade Desk from a “buy” rating to a “neutral” rating in a report on Friday, August 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Trade Desk presently has an average rating of “Moderate Buy” and a consensus target price of $84.94.

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.