Stephens Inc. AR Boosts Holdings in The Trade Desk $TTD

Stephens Inc. AR boosted its stake in The Trade Desk (NASDAQ:TTD) by 10.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 6,436 shares of the technology company’s stock after purchasing an additional 587 shares during the period. Stephens Inc. AR’s holdings in Trade Desk were worth $463,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TTD. Cornerstone Wealth Group LLC raised its holdings in shares of Trade Desk by 2.8% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 4,457 shares of the technology company’s stock valued at $321,000 after purchasing an additional 122 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of Trade Desk by 3.5% in the 2nd quarter. Mutual Advisors LLC now owns 4,239 shares of the technology company’s stock valued at $305,000 after purchasing an additional 142 shares in the last quarter. Ashton Thomas Securities LLC raised its holdings in shares of Trade Desk by 2.6% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock valued at $315,000 after purchasing an additional 144 shares in the last quarter. Tradition Wealth Management LLC raised its holdings in shares of Trade Desk by 2.4% in the 1st quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company’s stock valued at $347,000 after purchasing an additional 150 shares in the last quarter. Finally, HighMark Wealth Management LLC raised its holdings in shares of 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 purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Activity

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 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 position. The disclosure for this sale can be found here. 10.00% of the stock is owned by insiders.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $52.00 on Friday. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The company has a market capitalization of $25.42 billion, a P/E ratio of 62.65, a PEG ratio of 2.78 and a beta of 1.38. The company’s fifty day moving average is $50.71 and its two-hundred day moving average is $62.73.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). The firm had revenue of $694.04 million during 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 firm’s revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that The Trade Desk will post 1.06 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on TTD shares. Oppenheimer lifted their price target on shares of Trade Desk from $80.00 to $110.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 29th. Needham & Company LLC reiterated a “buy” rating and set a $84.00 price target on shares of Trade Desk in a research note on Monday, September 8th. KeyCorp lifted their price target on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Rosenblatt Securities reiterated a “buy” rating on shares of Trade Desk in a research note on Friday, August 8th. Finally, Guggenheim set a $55.00 price target on shares of Trade Desk and gave the stock a “buy” rating in a research note on Monday, September 29th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $84.48.

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.