Blue Trust Inc. Has $461,000 Position in The Trade Desk $TTD

Blue Trust Inc. raised its stake in The Trade Desk (NASDAQ:TTD) by 79.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,406 shares of the technology company’s stock after buying an additional 2,846 shares during the period. Blue Trust Inc.’s holdings in Trade Desk were worth $461,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in TTD. Sound Income Strategies LLC boosted its holdings in Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after acquiring an additional 270 shares during the last quarter. West Oak Capital LLC lifted its position in shares of Trade Desk by 466.7% in the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after purchasing an additional 350 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of Trade Desk in the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC boosted its stake in shares of Trade Desk by 46.2% in the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after purchasing an additional 151 shares during the last quarter. Finally, Vermillion Wealth Management Inc. increased its position in shares of Trade Desk by 400.0% during the second quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock worth $36,000 after buying an additional 400 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Insider Activity at Trade Desk

In related news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the sale, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction that occurred on 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 transaction, the director owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company’s stock.

Analyst Ratings Changes

TTD has been the topic of several recent analyst reports. Citigroup restated an “outperform” rating on shares of Trade Desk in a report on Tuesday, September 30th. BTIG Research downgraded Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Oppenheimer upped their target price on Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a research report on Tuesday, July 29th. Scotiabank decreased their target price on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a research note on Friday, August 8th. Finally, Evercore ISI raised Trade Desk from an “in-line” rating to an “outperform” rating and set a $90.00 price target on the stock in a research note on Friday, June 27th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $84.48.

Trade Desk Stock Down 3.2%

Trade Desk stock opened at $52.36 on Monday. The stock has a market cap of $25.60 billion, a P/E ratio of 63.09, a P/E/G ratio of 2.80 and a beta of 1.38. The company’s 50 day moving average price is $53.78 and its two-hundred day moving average price is $62.72. The Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). The company had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The business’s quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that The Trade Desk will post 1.06 EPS for the current year.

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.