The Trade Desk $TTD Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lessened its stake in The Trade Desk (NASDAQ:TTD) by 90.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 15,352 shares of the technology company’s stock after selling 141,763 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Trade Desk were worth $1,105,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Sound Income Strategies LLC lifted its holdings in shares of Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after buying an additional 270 shares during the period. West Oak Capital LLC lifted its holdings in shares of Trade Desk by 466.7% in the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock valued at $31,000 after buying an additional 350 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of Trade Desk in the 1st quarter valued at about $26,000. HighMark Wealth Management LLC lifted 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 buying an additional 151 shares during the period. Finally, Vermillion Wealth Management Inc. boosted its stake in shares of Trade Desk by 400.0% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock worth $36,000 after acquiring an additional 400 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Trading Down 2.3%

NASDAQ: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 stock has a 50 day moving average of $50.42 and a two-hundred day moving average of $62.90. The firm has a market cap of $24.02 billion, a P/E ratio of 59.18, a price-to-earnings-growth ratio of 2.68 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. During the same quarter last year, the firm posted $0.39 earnings per share. Trade Desk’s quarterly revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current year.

Insider Activity at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the firm’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 transaction, the director directly owned 5,035 shares in the company, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TTD. BTIG Research lowered shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Arete Research raised shares of Trade Desk to a “strong sell” rating in a research note on Monday, July 28th. Citigroup reissued an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Hsbc Global Res lowered shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Trade Desk in a research note on Wednesday, October 8th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus 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.