Plato Investment Management Ltd Has $551,000 Stock Holdings in The Trade Desk $TTD

Plato Investment Management Ltd grew its position in The Trade Desk (NASDAQ:TTD) by 29.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,684 shares of the technology company’s stock after purchasing an additional 1,766 shares during the period. Plato Investment Management Ltd’s holdings in Trade Desk were worth $551,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in TTD. LaFleur & Godfrey LLC acquired a new stake in shares of Trade Desk in the second quarter valued at approximately $5,029,000. Congress Park Capital LLC increased its stake in Trade Desk by 13.2% in the 2nd quarter. Congress Park Capital LLC now owns 53,781 shares of the technology company’s stock valued at $3,872,000 after buying an additional 6,257 shares during the last quarter. Swedbank AB increased its stake in Trade Desk by 32.2% in the 2nd quarter. Swedbank AB now owns 552,260 shares of the technology company’s stock valued at $39,757,000 after buying an additional 134,620 shares during the last quarter. First Bank & Trust increased its stake in Trade Desk by 137.6% in the 2nd quarter. First Bank & Trust now owns 23,166 shares of the technology company’s stock valued at $1,668,000 after buying an additional 13,418 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Trade Desk in the 2nd quarter valued at $845,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Trading Up 2.7%

TTD stock opened at $50.28 on Monday. The firm has a market capitalization of $24.58 billion, a PE ratio of 60.58, a PEG ratio of 2.68 and a beta of 1.38. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53. The business’s 50 day simple moving average is $50.49 and its 200 day simple moving average is $62.91.

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

Insider Transactions at Trade Desk

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the transaction, the director owned 5,035 shares of the company’s stock, valued at approximately $242,687. This represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jay R. Grant sold 51,290 shares of the company’s 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 completion of the transaction, the insider directly owned 218,246 shares in the company, valued at $19,899,670.28. The trade was a 19.03% decrease in their position. The SEC filing for this sale provides additional information. 10.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TTD shares. Rosenblatt Securities reaffirmed a “buy” rating on shares of Trade Desk in a research report on Friday, August 8th. Scotiabank lowered their price target on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, August 8th. Citigroup reaffirmed an “outperform” rating on shares of Trade Desk in a research report on Tuesday, September 30th. Morgan Stanley downgraded shares of Trade Desk from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $80.00 to $50.00 in a report on Wednesday, September 10th. Finally, Stifel Nicolaus lowered their target price on shares of Trade Desk from $95.00 to $90.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target 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.