Advisory Resource Group Lowers Stock Holdings in The Trade Desk $TTD

Advisory Resource Group reduced its holdings in The Trade Desk (NASDAQ:TTD) by 9.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,591 shares of the technology company’s stock after selling 1,780 shares during the quarter. Advisory Resource Group’s holdings in Trade Desk were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. LaFleur & Godfrey LLC purchased a new position in Trade Desk during the second quarter worth approximately $5,029,000. Congress Park Capital LLC increased its holdings in shares of Trade Desk by 13.2% during the 2nd quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock worth $3,872,000 after buying an additional 6,257 shares during the last quarter. Swedbank AB increased its holdings in shares of Trade Desk by 32.2% during the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock worth $39,757,000 after buying an additional 134,620 shares during the last quarter. First Bank & Trust raised its position in shares of Trade Desk by 137.6% in the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock worth $1,668,000 after buying an additional 13,418 shares during the period. Finally, Pointe Capital Management LLC acquired a new position in Trade Desk in the second quarter valued at $8,246,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $41.93 on Friday. The Trade Desk has a 1-year low of $41.50 and a 1-year high of $141.53. The company has a market capitalization of $20.50 billion, a PE ratio of 48.20, a P/E/G ratio of 2.12 and a beta of 1.43. The business has a 50-day moving average of $48.79 and a 200-day moving average of $62.32.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $739.43 million for the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The company’s revenue was up 17.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. Trade Desk has set its Q4 2025 guidance at EPS. On average, equities analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its Board of Directors has initiated a share repurchase program on Thursday, November 6th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have commented on the company. DA Davidson dropped their price target on Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a research note on Monday, November 10th. Hsbc Global Res downgraded shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Morgan Stanley lowered shares of Trade Desk from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $80.00 to $50.00 in a report on Wednesday, September 10th. Oppenheimer boosted their price objective 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. Finally, Truist Financial dropped their price objective on shares of Trade Desk from $100.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, November 7th. Twenty-one analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $78.33.

Insider Activity

In other Trade Desk 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 value of $67,624.60. Following the transaction, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. This represents a 21.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 10.00% of the stock is currently owned by insiders.

Trade Desk Company 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.