GAMMA Investing LLC Grows Position in The Trade Desk $TTD

GAMMA Investing LLC increased its holdings in The Trade Desk (NASDAQ:TTD) by 42.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,387 shares of the technology company’s stock after purchasing an additional 706 shares during the period. GAMMA Investing LLC’s holdings in Trade Desk were worth $172,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Congress Park Capital LLC increased its position in Trade Desk by 13.2% in the second quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock worth $3,872,000 after purchasing an additional 6,257 shares during the last quarter. Swedbank AB increased its position in Trade Desk by 32.2% in the second quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock worth $39,757,000 after purchasing an additional 134,620 shares during the last quarter. First Bank & Trust increased its position in Trade Desk by 137.6% in the second quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock worth $1,668,000 after purchasing an additional 13,418 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. bought a new stake in Trade Desk in the second quarter worth $845,000. Finally, Intech Investment Management LLC increased its position in Trade Desk by 5,779.8% in the first quarter. Intech Investment Management LLC now owns 241,837 shares of the technology company’s stock worth $13,233,000 after purchasing an additional 237,724 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Wedbush reiterated an “outperform” rating and set a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. Citigroup cut their price objective on shares of Trade Desk from $65.00 to $50.00 and set a “neutral” rating on the stock in a research report on Friday, September 19th. BMO Capital Markets cut their price objective on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Hsbc Global Res cut shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Stifel Nicolaus cut their price target on shares of Trade Desk from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Twenty investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $86.15.

Trade Desk Stock Performance

TTD stock opened at $49.64 on Tuesday. The firm has a market cap of $24.27 billion, a price-to-earnings ratio of 59.81, a PEG ratio of 2.45 and a beta of 1.36. The firm has a 50-day simple moving average of $59.82 and a two-hundred day simple moving average of $63.05. The Trade Desk has a one year low of $42.96 and a one year high of $141.53.

Trade Desk (NASDAQ:TTD) last released its quarterly 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 firm had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Activity

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction dated 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 directly owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 completion of the transaction, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company’s stock.

Trade Desk 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.