Fjarde AP Fonden Fourth Swedish National Pension Fund Trims Stock Position in The Trade Desk $TTD

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its stake in shares of The Trade Desk (NASDAQ:TTD) by 23.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,472 shares of the technology company’s stock after selling 23,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Trade Desk were worth $3,748,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Trade Desk by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock valued at $3,207,504,000 after purchasing an additional 317,107 shares in the last quarter. Jennison Associates LLC grew its position in shares of Trade Desk by 17.9% during the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after buying an additional 2,169,252 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock valued at $884,860,000 after buying an additional 4,218,975 shares during the period. Brown Advisory Inc. raised its holdings in shares of Trade Desk by 2.7% in the second quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock valued at $599,212,000 after acquiring an additional 221,228 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in Trade Desk by 22.4% in the second quarter. Invesco Ltd. now owns 3,386,897 shares of the technology company’s stock worth $243,823,000 after acquiring an additional 618,787 shares during the period. Institutional investors own 67.77% of the company’s stock.

Trade Desk News Roundup

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: Stifel reaffirmed The Trade Desk as a sector favorite, which supports the view that some brokers still see TTD as relatively well-positioned in ad tech and could limit downside if ad demand stabilizes. Stifel Reaffirms The Trade Desk, Inc. (TTD) as Sector Favorite Amid Market Volatility
• Positive Sentiment: BNP Paribas moved the stock to a “hold” (reported as an upgrade to hold), signaling some stabilization in broker views versus earlier weaker stances. That can reduce selling pressure compared with outright downgrades. Zacks / Tickerreport coverage noting BNP upgrade
• Neutral Sentiment: Citi reiterated its hold rating on TTD — a neutral stance that maintains analyst coverage but is unlikely to drive positive momentum on its own. Citi Reaffirms Their Hold Rating on Trade Desk (TTD)
• Neutral Sentiment: BNP Paribas Exane initiated coverage on TTD (coverage starts add visibility and model updates; impact depends on the firm’s targets/commentary). Trade Desk (NASDAQ:TTD) Coverage Initiated at BNP Paribas Exane
• Negative Sentiment: Shares hit a fresh 52-week low, a clear technical negative that can trigger momentum selling and reduce investor confidence until clearer signs of ad-spend recovery emerge. The Trade Desk stock hits 52-week low at $35.65
• Negative Sentiment: Morgan Stanley lowered expectations for TTD’s stock price, which can weigh on sentiment and prompt re-rating if other brokers follow. Morgan Stanley Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price
• Negative Sentiment: Coverage highlighting recent session drops and momentum weakness underscores near-term selling pressure even though the company recently beat revenue and EPS estimates; investors remain focused on guidance and ad-market signals. The Trade Desk (TTD) Stock Drops Despite Market Gains: Important Facts to Note

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Wedbush cut their target price on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating on the stock in a research report on Monday, December 8th. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. JMP Securities set a $60.00 price objective on shares of Trade Desk and gave the stock a “market outperform” rating in a research note on Tuesday, September 30th. BNP Paribas initiated coverage on Trade Desk in a report on Wednesday. They set a “neutral” rating and a $40.00 target price for the company. Finally, Truist Financial cut their price target on Trade Desk from $100.00 to $85.00 and set a “buy” rating on the stock in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Trade Desk currently has an average rating of “Moderate Buy” and an average price target of $67.62.

Trade Desk Trading Down 2.1%

NASDAQ TTD opened at $35.48 on Monday. The firm’s fifty day simple moving average is $38.80 and its two-hundred day simple moving average is $52.17. The firm has a market capitalization of $17.16 billion, a P/E ratio of 40.78, a P/E/G ratio of 1.39 and a beta of 1.11. The Trade Desk has a 12-month low of $35.23 and a 12-month high of $126.20.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The firm had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. During the same quarter last year, the firm earned $0.41 EPS. The business’s quarterly revenue was up 17.7% on a year-over-year basis. As a group, sell-side analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk announced that its board has approved 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 repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Trade Desk Profile

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.