The Trade Desk $TTD Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. trimmed its stake in shares of The Trade Desk (NASDAQ:TTD) by 10.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,455,410 shares of the technology company’s stock after selling 167,545 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Trade Desk were worth $55,247,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Nicholas Company Inc. raised its position in shares of Trade Desk by 14.3% during the 4th quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock worth $38,596,000 after buying an additional 127,049 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Trade Desk by 62.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after buying an additional 66,672 shares in the last quarter. Jacobson & Schmitt Advisors LLC raised its position in shares of Trade Desk by 19.6% during the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after buying an additional 47,539 shares in the last quarter. State of Michigan Retirement System bought a new stake in shares of Trade Desk during the 3rd quarter worth about $5,906,000. Finally, Ashton Thomas Private Wealth LLC raised its position in shares of Trade Desk by 272.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock worth $2,604,000 after buying an additional 50,209 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors.

Trade Desk News Roundup

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

• Negative Sentiment: Rothschild & Co Redburn initiated coverage on The Trade Desk with a sell rating and an $11 price target, implying significant downside from recent trading levels. Benzinga
• Negative Sentiment: Multiple articles highlighted The Trade Desk’s decline from being a $69 billion digital-ad leader, reinforcing investor concerns that growth is slowing and the market is resetting expectations. The Trade Desk’s Fall From $69 Billion Digital-Ad Darling
• Negative Sentiment: A separate report said TTD faces a “new reality” and cited an analyst warning of as much as 50% downside risk, adding to bearish sentiment around the stock. TTD stock faces ‘new reality’ as analyst warns of 50% downside risk
• Neutral Sentiment: The company also announced board compensation changes for new non-employee director Samanth, but this appears to be a routine governance update with limited immediate impact on the stock. Trade Desk Aligns Compensation for New Non-Employee Director

Trade Desk Stock Performance

Trade Desk stock opened at $21.56 on Monday. The Trade Desk has a 52 week low of $19.74 and a 52 week high of $91.45. The firm has a market capitalization of $10.14 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.04 and a beta of 1.05. The company has a 50 day moving average price of $22.25 and a 200 day moving average price of $29.68.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.24). Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. During the same period last year, the firm earned $0.33 earnings per share. Trade Desk’s revenue for the quarter was up 11.8% compared to the same quarter last year. Equities analysts forecast that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 25th that permits the company to buyback $350.00 million in outstanding shares. This buyback authorization permits the technology company to repurchase up to 2.9% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Kathryn E. Falberg sold 50,000 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $30.48, for a total transaction of $1,524,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 11.41% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Piper Sandler restated a “neutral” rating and set a $24.00 price target on shares of Trade Desk in a research report on Friday, May 8th. Cantor Fitzgerald restated a “neutral” rating and set a $22.00 price target on shares of Trade Desk in a research report on Thursday, February 26th. Guggenheim dropped their price target on shares of Trade Desk from $28.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. DA Davidson set a $29.00 price target on shares of Trade Desk and gave the stock a “buy” rating in a research report on Monday, May 11th. Finally, William Blair downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have given a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $33.91.

Trade Desk Profile

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.