Caxton Associates LLP Has $4.51 Million Stake in The Trade Desk $TTD

Caxton Associates LLP lifted its stake in The Trade Desk (NASDAQ:TTD) by 85.5% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 198,671 shares of the technology company’s stock after purchasing an additional 91,560 shares during the quarter. Caxton Associates LLP’s holdings in Trade Desk were worth $4,508,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TTD. Albion Financial Group UT bought a new stake in shares of Trade Desk during the 4th quarter valued at $30,000. Root Financial Partners LLC increased its position in shares of Trade Desk by 219.4% in the first quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock worth $30,000 after purchasing an additional 906 shares during the period. CVA Family Office LLC increased its position in shares of Trade Desk by 62.1% in the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock worth $34,000 after purchasing an additional 344 shares during the period. Bayforest Capital Ltd acquired a new position in Trade Desk in the fourth quarter valued at about $35,000. Finally, Ascentis Independent Advisors acquired a new position in Trade Desk in the first quarter valued at about $36,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

TTD has been the topic of a number of analyst reports. Needham & Company LLC reduced their price objective on shares of Trade Desk from $32.00 to $25.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Royal Bank Of Canada set a $33.00 target price on shares of Trade Desk and gave the company an “outperform” rating in a research report on Friday, May 8th. Oppenheimer downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Citigroup reaffirmed a “neutral” rating on shares of Trade Desk in a report on Friday, May 8th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $33.43.

Insider Buying and Selling

In other news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $21.14, for a total transaction of $1,134,816.34. Following the sale, the director directly owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This trade represents a 80.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 11.41% of the company’s stock.

Trade Desk Stock Performance

Shares of TTD opened at $16.79 on Friday. The Trade Desk has a 52 week low of $16.70 and a 52 week high of $91.45. The stock has a market capitalization of $7.89 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 0.85 and a beta of 1.04. The stock has a fifty day moving average of $19.64 and a 200-day moving average of $24.20.

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

Trade Desk Company 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.