Mission Wealth Management LP Raises Holdings in The Trade Desk $TTD

Mission Wealth Management LP increased its position in The Trade Desk (NASDAQ:TTD) by 8.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 368,135 shares of the technology company’s stock after buying an additional 28,447 shares during the quarter. Trade Desk comprises about 0.6% of Mission Wealth Management LP’s investment portfolio, making the stock its 28th biggest position. Mission Wealth Management LP owned 0.07% of Trade Desk worth $26,502,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC increased its position in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares in the last quarter. Bison Wealth LLC increased its position in Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after purchasing an additional 485 shares in the last quarter. Amalgamated Bank increased its position in Trade Desk by 5.9% during the 1st quarter. Amalgamated Bank now owns 31,853 shares of the technology company’s stock worth $1,743,000 after purchasing an additional 1,783 shares in the last quarter. Private Trust Co. NA increased its position in Trade Desk by 4.9% during the 1st quarter. Private Trust Co. NA now owns 5,624 shares of the technology company’s stock worth $308,000 after purchasing an additional 262 shares in the last quarter. Finally, D.A. Davidson & CO. increased its position in Trade Desk by 4.4% during the 1st quarter. D.A. Davidson & CO. now owns 60,538 shares of the technology company’s stock worth $3,313,000 after purchasing an additional 2,569 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’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 transaction of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company’s stock, valued at approximately $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the sale, the insider directly owned 218,246 shares of the company’s stock, valued at $19,899,670.28. The trade was a 19.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 10.00% of the stock is owned by company insiders.

Trade Desk Stock Up 2.7%

Shares of NASDAQ:TTD opened at $50.28 on Friday. The company has a 50 day moving average of $50.49 and a two-hundred day moving average of $62.81. The company has a market capitalization of $24.58 billion, a price-to-earnings ratio of 60.58, a price-to-earnings-growth ratio of 2.68 and a beta of 1.38. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53.

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

Analyst Ratings Changes

TTD has been the subject of a number of research analyst reports. Guggenheim set a $55.00 target price on shares of Trade Desk and gave the stock a “buy” rating in a research report on Monday, September 29th. Wall Street Zen raised shares of Trade Desk from a “sell” rating to a “hold” rating in a research report on Saturday. Arete Research raised shares of Trade Desk to a “strong sell” rating in a research report on Monday, July 28th. Hsbc Global Res downgraded shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, Citigroup reissued an “outperform” rating on shares of Trade Desk in a research report on Tuesday, September 30th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $84.48.

About Trade Desk

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.