Fulcrum Capital LLC Makes New Investment in The Trade Desk $TTD

Fulcrum Capital LLC purchased a new stake in The Trade Desk (NASDAQ:TTD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 68,591 shares of the technology company’s stock, valued at approximately $2,604,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TTD. Brighton Jones LLC increased its position in shares of Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after acquiring an additional 169 shares in the last quarter. M&T Bank Corp lifted its position in Trade Desk by 0.7% in the 2nd quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock valued at $1,987,000 after acquiring an additional 194 shares in the last quarter. HighMark Wealth Management LLC boosted its stake in Trade Desk by 49.2% in the 3rd quarter. HighMark Wealth Management LLC now owns 713 shares of the technology company’s stock worth $35,000 after purchasing an additional 235 shares during the period. Tidemark LLC boosted its stake in Trade Desk by 35.1% in the 3rd quarter. Tidemark LLC now owns 943 shares of the technology company’s stock worth $46,000 after purchasing an additional 245 shares during the period. Finally, Hollencrest Capital Management increased its holdings in Trade Desk by 16.3% during the 2nd quarter. Hollencrest Capital Management now owns 1,783 shares of the technology company’s stock worth $128,000 after purchasing an additional 250 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Transactions at Trade Desk

In related news, Director Kathryn E. Falberg sold 50,000 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.48, for a total transaction of $1,524,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 10.00% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on TTD shares. Jefferies Financial Group reissued a “hold” rating on shares of Trade Desk in a research note on Tuesday, March 17th. Scotiabank reaffirmed a “sector perform” rating and set a $32.00 price objective (down from $60.00) on shares of Trade Desk in a research report on Thursday, February 26th. Guggenheim reiterated a “buy” rating and set a $50.00 price objective (down from $55.00) on shares of Trade Desk in a report on Monday, January 5th. Oppenheimer dropped their target price on Trade Desk from $70.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Finally, Wedbush restated an “underperform” rating and issued a $23.00 target price on shares of Trade Desk in a research note on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $41.94.

Trade Desk Price Performance

Shares of NASDAQ:TTD opened at $22.69 on Wednesday. The company’s 50-day moving average price is $26.78 and its two-hundred day moving average price is $37.54. The Trade Desk has a one year low of $21.03 and a one year high of $91.45. The stock has a market capitalization of $10.80 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 0.87 and a beta of 1.13.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, meeting the consensus estimate of $0.59. The company had revenue of $846.79 million during the quarter, compared to analysts’ expectations of $840.56 million. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.Trade Desk’s revenue for the quarter was up 14.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 EPS. On average, analysts anticipate 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 Wednesday, February 25th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

About Trade Desk

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.