Wealth Alliance LLC Sells 2,225 Shares of The Trade Desk $TTD

Wealth Alliance LLC lowered its holdings in shares of The Trade Desk (NASDAQ:TTD) by 11.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,013 shares of the technology company’s stock after selling 2,225 shares during the quarter. Wealth Alliance LLC’s holdings in Trade Desk were worth $1,297,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Brighton Jones LLC increased 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 buying an additional 169 shares during the period. Bison Wealth LLC increased its stake in Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after purchasing an additional 485 shares in the last quarter. Schechter Investment Advisors LLC increased its position in shares of Trade Desk by 36.7% during the 1st quarter. Schechter Investment Advisors LLC now owns 6,748 shares of the technology company’s stock worth $369,000 after purchasing an additional 1,813 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in Trade Desk by 0.9% in the 1st quarter. Louisiana State Employees Retirement System now owns 33,100 shares of the technology company’s stock valued at $1,811,000 after buying an additional 300 shares in the last quarter. Finally, Sigma Planning Corp raised its position in shares of Trade Desk by 25.6% in the 1st quarter. Sigma Planning Corp now owns 16,709 shares of the technology company’s stock valued at $914,000 after buying an additional 3,406 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director owned 5,035 shares in the company, valued at approximately $242,687. This trade represents a 21.79% decrease in their position. 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.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TTD. UBS Group restated a “buy” rating and set a $82.00 price objective (up previously from $80.00) on shares of Trade Desk in a report on Friday, November 7th. BTIG Research cut shares of Trade Desk from a “buy” rating to a “neutral” rating in a report on Friday, August 8th. Wedbush restated a “neutral” rating and set a $50.00 price objective on shares of Trade Desk in a research report on Friday, November 7th. Truist Financial cut their price objective on shares of Trade Desk from $100.00 to $85.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Finally, Bank of America reiterated an “underperform” rating and set a $55.00 target price (down previously from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Twenty-one analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $78.33.

Trade Desk Trading Down 0.7%

Shares of Trade Desk stock traded down $0.30 on Thursday, reaching $43.49. 1,047,178 shares of the company were exchanged, compared to its average volume of 12,124,456. The stock has a fifty day moving average price of $49.17 and a 200-day moving average price of $62.54. The firm has a market capitalization of $21.26 billion, a price-to-earnings ratio of 49.77, a price-to-earnings-growth ratio of 2.31 and a beta of 1.43. The Trade Desk has a fifty-two week low of $41.77 and a fifty-two week high of $141.53.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The business 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 company posted $0.41 earnings per share. The firm’s revenue for the quarter was up 17.7% on a year-over-year basis. Trade Desk has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its board has initiated a stock repurchase plan on Thursday, November 6th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.