AlphaQuest LLC Has $162,000 Holdings in The Trade Desk $TTD

AlphaQuest LLC decreased its holdings in The Trade Desk (NASDAQ:TTD) by 36.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,253 shares of the technology company’s stock after selling 1,268 shares during the period. AlphaQuest LLC’s holdings in Trade Desk were worth $162,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TTD. Brown Advisory Inc. raised its stake in Trade Desk by 198.4% in the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock valued at $443,358,000 after acquiring an additional 5,387,339 shares during the period. Nuveen LLC bought a new position in Trade Desk during the first quarter worth $191,935,000. Vanguard Group Inc. increased its holdings in shares of Trade Desk by 3.7% in the first quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after purchasing an additional 1,567,491 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in shares of Trade Desk by 255.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock valued at $96,132,000 after purchasing an additional 1,262,492 shares during the last quarter. Finally, Champlain Investment Partners LLC bought a new position in shares of Trade Desk in the first quarter valued at about $66,948,000. 67.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the company’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 completion of the sale, the director owned 5,035 shares of the company’s stock, 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 SEC, which is available through the SEC website. Also, insider Jay R. Grant sold 51,290 shares of the 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 sale, the insider owned 218,246 shares in the company, valued at $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 10.00% of the company’s stock.

Trade Desk Trading Down 2.3%

Shares of TTD opened at $49.12 on Tuesday. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The firm’s 50 day moving average is $50.42 and its 200-day moving average is $62.90. The stock has a market capitalization of $24.02 billion, a PE ratio of 59.18, a P/E/G ratio of 2.68 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. During the same period in the prior year, the company earned $0.39 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. Equities research analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TTD shares. KeyCorp lifted their target price on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Piper Sandler cut their price objective on shares of Trade Desk from $65.00 to $64.00 and set a “neutral” rating for the company in a research report on Friday, August 8th. Moffett Nathanson cut Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective for the company. in a report on Friday, August 8th. Jefferies Financial Group downgraded Trade Desk from a “buy” rating to a “hold” rating and decreased their target price for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Finally, Guggenheim set a $55.00 price target on Trade Desk and gave the stock a “buy” rating in a report on Monday, September 29th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $84.48.

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.