American Century Companies Inc. Buys 280,219 Shares of The Trade Desk $TTD

American Century Companies Inc. grew its stake in The Trade Desk (NASDAQ:TTD) by 27.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,294,840 shares of the technology company’s stock after purchasing an additional 280,219 shares during the period. American Century Companies Inc. owned approximately 0.26% of Trade Desk worth $93,216,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC lifted its position in Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after buying an additional 169 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after acquiring an additional 485 shares during the period. Avantax Advisory Services Inc. raised its stake in shares of Trade Desk by 35.5% in the first quarter. Avantax Advisory Services Inc. now owns 31,473 shares of the technology company’s stock valued at $1,722,000 after acquiring an additional 8,245 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Trade Desk by 27.1% in the 1st quarter. Cetera Investment Advisers now owns 176,425 shares of the technology company’s stock worth $9,654,000 after acquiring an additional 37,643 shares during the last quarter. Finally, Pacer Advisors Inc. boosted its stake in shares of Trade Desk by 255.0% during the 1st quarter. Pacer Advisors Inc. now owns 82,810 shares of the technology company’s stock worth $4,531,000 after purchasing an additional 59,484 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Insider Activity at Trade Desk

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 value of $67,624.60. Following the completion of the sale, the director directly 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 10.00% of the company’s stock.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $39.09 on Wednesday. The Trade Desk has a 52-week low of $38.22 and a 52-week high of $141.53. The firm has a market capitalization of $18.90 billion, a price-to-earnings ratio of 44.93, a PEG ratio of 1.94 and a beta of 1.43. The stock has a 50 day moving average price of $47.70 and a 200 day moving average price of $61.53.

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

Trade Desk declared that its board has approved a share repurchase plan on Thursday, November 6th that allows the company to buyback $500.00 million in outstanding shares. This buyback authorization allows the technology company to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Moffett Nathanson lowered shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective on the stock. in a research report on Friday, August 8th. JMP Securities set a $60.00 target price on Trade Desk and gave the company a “market outperform” rating in a research note on Tuesday, September 30th. Citigroup reiterated an “outperform” rating on shares of Trade Desk in a report on Tuesday, September 30th. Jefferies Financial Group cut Trade Desk from a “buy” rating to a “hold” rating and dropped their price objective for the company from $100.00 to $50.00 in a report on Monday, August 11th. Finally, DA Davidson cut their price objective on Trade Desk from $80.00 to $54.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Twenty-one analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $77.19.

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.