The Trade Desk $TTD Shares Sold by SageView Advisory Group LLC

SageView Advisory Group LLC reduced its position in The Trade Desk (NASDAQ:TTD) by 1.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,262 shares of the technology company’s stock after selling 686 shares during the period. SageView Advisory Group LLC’s holdings in Trade Desk were worth $2,313,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TTD. Advisory Alpha LLC boosted its stake in shares of Trade Desk by 122.9% during the 1st quarter. Advisory Alpha LLC now owns 4,140 shares of the technology company’s stock valued at $227,000 after buying an additional 2,283 shares during the last quarter. Palogic Value Management L.P. acquired a new stake in shares of Trade Desk during the first quarter worth $547,000. Woodline Partners LP raised its position in Trade Desk by 75.5% during the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock valued at $289,000 after buying an additional 2,269 shares during the period. Meiji Yasuda Life Insurance Co raised its position in Trade Desk by 2.8% during the first quarter. Meiji Yasuda Life Insurance Co now owns 5,857 shares of the technology company’s stock valued at $320,000 after buying an additional 157 shares during the period. Finally, Caxton Associates LLP purchased a new position in Trade Desk in the first quarter valued at about $4,267,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Price Performance

TTD stock opened at $52.40 on Wednesday. The stock has a market capitalization of $25.62 billion, a price-to-earnings ratio of 63.13, a P/E/G ratio of 2.67 and a beta of 1.36. The business has a fifty day moving average price of $68.47 and a 200 day moving average price of $64.96. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 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 firm had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. During the same quarter in the previous year, the business posted $0.39 earnings per share. The firm’s quarterly revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Wells Fargo & Company downgraded Trade Desk from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $74.00 to $68.00 in a research note on Thursday, June 26th. Hsbc Global Res downgraded Trade Desk from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Jefferies Financial Group downgraded Trade Desk from a “buy” rating to a “hold” rating and decreased their price target for the stock from $100.00 to $50.00 in a research note on Monday, August 11th. Piper Sandler decreased their price target on Trade Desk from $65.00 to $64.00 and set a “neutral” rating for the company in a research note on Friday, August 8th. Finally, Rosenblatt Securities restated a “buy” rating on shares of Trade Desk in a research note on Friday, August 8th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $88.58.

Insiders Place Their Bets

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider directly owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 10.00% of the company’s stock.

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.