Intech Investment Management LLC Sells 50,229 Shares of The Trade Desk $TTD

Intech Investment Management LLC reduced its stake in shares of The Trade Desk (NASDAQ:TTD) by 74.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,652 shares of the technology company’s stock after selling 50,229 shares during the quarter. Intech Investment Management LLC’s holdings in Trade Desk were worth $865,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Trade Desk by 27.7% during the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after acquiring an additional 12,321,000 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Trade Desk by 52.1% in the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the period. Norges Bank purchased a new position in Trade Desk during the second quarter valued at approximately $197,362,000. Viking Global Investors LP purchased a new position in Trade Desk in the second quarter valued at $192,524,000. Finally, Retirement Systems of Alabama purchased a new stake in shares of Trade Desk in the third quarter valued at approximately $44,698,000. 67.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TTD shares. Royal Bank Of Canada reduced their price objective on Trade Desk from $65.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 26th. BMO Capital Markets cut their price target on shares of Trade Desk from $98.00 to $55.00 and set an “outperform” rating on the stock in a research note on Thursday, February 26th. Truist Financial reduced their target price on shares of Trade Desk from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Weiss Ratings cut shares of Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, January 27th. Finally, Scotiabank reiterated a “sector perform” rating and issued a $32.00 price target (down from $60.00) on shares of Trade Desk in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $43.45.

Trade Desk Stock Down 1.7%

NASDAQ:TTD opened at $29.28 on Monday. The Trade Desk has a 52-week low of $21.08 and a 52-week high of $91.45. The company has a market capitalization of $14.16 billion, a PE ratio of 32.53, a price-to-earnings-growth ratio of 1.16 and a beta of 1.13. The stock has a fifty day simple moving average of $31.16 and a 200-day simple moving average of $40.81.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. The business had revenue of $846.79 million during the quarter, compared to analysts’ expectations of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The company’s revenue was up 14.3% on a year-over-year basis. During the same period last year, the company posted $0.59 EPS. As a group, equities analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its Board of Directors has authorized a share buyback plan on Wednesday, February 25th that permits the company to repurchase $350.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 2.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Key Trade Desk News

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

• Positive Sentiment: OpenAI partnership reports pushed strong upside expectations for TTD, triggering an 18% rally as investors price in access to ChatGPT ad inventory and new AI-driven demand channels. The Trade Desk (TTD) Soars 18% on OpenAI Deal Buzz
• Positive Sentiment: CEO Jeff Green made a large insider purchase (~6M shares, reported ~$148M), which traders view as a confidence signal and helped amplify the rally. Trade Desk (TTD) Soars 20% after CEO’s Huge $148M Insider Purchase
• Positive Sentiment: The company launched the Ventura Ecosystem to unify CTV platforms and OS partners — a strategic move that could improve CTV monetization long term if adoption follows. The Trade Desk (TTD) Introduces Ventura Ecosystem for Connected TV Advertising
• Positive Sentiment: Some analysts remain constructive (Evercore reiterated Buy with a $35 target), arguing the OpenAI angle + insider buying and stretched sell-off leave upside. The Trade Desk: Buy Rated on OpenAI Ad Partnership Upside…
• Neutral Sentiment: Industry / sector rebound articles highlight TTD among software stocks that look attractive after the correction — supportive context but not an immediate catalyst. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Company presentation/transcript from the Morgan Stanley TMT conference is available; useful for modeling but no new financial guidance released in these materials. The Trade Desk, Inc. (TTD) Presents at Morgan Stanley…
• Negative Sentiment: Wedbush downgraded TTD to Underperform, saying the stock has rallied too far on OpenAI hype and that the partnership’s impact may be overstated; they set a $23 price target — a direct catalyst for selling pressure. Wedbush downgrades The Trade Desk, says OpenAI deal impact overestimated
• Negative Sentiment: Underlying fundamentals remain a concern: recent guidance misses and slowing revenue growth have forced a reset in growth/valuation expectations, which leaves the rally vulnerable to profit-taking and skeptical sell-side views. The Trade Desk Stock Dropped 5% on a Guidance Miss

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.