Universal Beteiligungs und Servicegesellschaft mbH Has $12.39 Million Holdings in The Trade Desk $TTD

Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in shares of The Trade Desk (NASDAQ:TTD) by 34.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 252,729 shares of the technology company’s stock after selling 130,960 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Trade Desk were worth $12,386,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Wealth Group LLC increased its holdings in Trade Desk by 2.8% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock worth $321,000 after purchasing an additional 122 shares in the last quarter. STF Management LP boosted its position in shares of Trade Desk by 2.1% during the second quarter. STF Management LP now owns 6,627 shares of the technology company’s stock worth $477,000 after buying an additional 136 shares during the period. Mutual Advisors LLC grew its holdings in shares of Trade Desk by 3.5% during the second quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock worth $305,000 after buying an additional 142 shares in the last quarter. HighMark Wealth Management LLC raised its position in Trade Desk by 46.2% in the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after buying an additional 151 shares during the last quarter. Finally, Brighton Jones LLC lifted its stake in Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Price Performance

Shares of TTD stock opened at $36.55 on Friday. The company has a fifty day moving average price of $38.04 and a two-hundred day moving average price of $50.98. The Trade Desk has a one year low of $34.00 and a one year high of $125.80. The stock has a market cap of $17.68 billion, a P/E ratio of 42.01, a P/E/G ratio of 1.43 and a beta of 1.11.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The company had revenue of $739.43 million for the quarter, compared to analyst estimates of $719.11 million. During the same period in the previous year, the business earned $0.41 EPS. Trade Desk’s revenue for the quarter was up 17.7% compared to the same quarter last year. As a group, equities research analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its board has authorized a share repurchase program on Thursday, November 6th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TTD shares. Wells Fargo & Company set a $42.00 price target on shares of Trade Desk and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Bank of America reduced their target price on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating for the company in a report on Tuesday, January 20th. Cannonball Research upgraded shares of Trade Desk to a “strong-buy” rating in a research note on Monday, January 12th. Wedbush cut their price target on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, December 8th. Finally, Moffett Nathanson upgraded Trade Desk from a “sell” rating to a “neutral” rating and set a $39.00 price objective for the company in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $67.76.

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.