The Trade Desk $TTD Shares Bought by Ethic Inc.

Ethic Inc. raised its position in The Trade Desk (NASDAQ:TTD) by 59.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,657 shares of the technology company’s stock after acquiring an additional 2,119 shares during the quarter. Ethic Inc.’s holdings in Trade Desk were worth $392,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of TTD. Caliber Wealth Management LLC KS grew its position in shares of Trade Desk by 23.6% during the second quarter. Caliber Wealth Management LLC KS now owns 6,306 shares of the technology company’s stock worth $454,000 after buying an additional 1,206 shares in the last quarter. Exencial Wealth Advisors LLC acquired a new position in shares of Trade Desk during the second quarter worth about $455,000. Brookstone Capital Management grew its position in shares of Trade Desk by 32.6% during the second quarter. Brookstone Capital Management now owns 5,183 shares of the technology company’s stock worth $373,000 after buying an additional 1,275 shares in the last quarter. FNY Investment Advisers LLC grew its position in shares of Trade Desk by 1,777.9% during the second quarter. FNY Investment Advisers LLC now owns 5,352 shares of the technology company’s stock worth $385,000 after buying an additional 5,067 shares in the last quarter. Finally, Beech Hill Advisors Inc. acquired a new position in shares of Trade Desk during the second quarter worth about $227,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Trade Desk

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the sale, the director owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the sale, the insider owned 218,246 shares of the company’s stock, valued at $19,899,670.28. This trade represents a 19.03% decrease in their position. The SEC filing for this sale provides additional information. 10.00% of the stock is owned by corporate insiders.

Trade Desk Trading Down 3.3%

Shares of NASDAQ TTD opened at $49.96 on Thursday. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The stock has a 50 day moving average of $50.61 and a two-hundred day moving average of $62.80. The stock has a market cap of $24.43 billion, a P/E ratio of 60.19, a P/E/G ratio of 2.76 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 earnings per share 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 analysts’ expectations of $686.00 million. During the same quarter in the prior year, the firm posted $0.39 EPS. Trade Desk’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. As a group, research analysts predict that The Trade Desk will post 1.06 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on TTD shares. BMO Capital Markets lowered their price objective on Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Scotiabank lowered their price objective on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a research report on Friday, August 8th. Wedbush restated an “outperform” rating and set a $86.00 target price on shares of Trade Desk in a research note on Tuesday, July 15th. Citigroup restated an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Finally, Bank of America restated an “underperform” rating and set a $55.00 target price (down previously from $130.00) 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, twelve have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price 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.