Intech Investment Management LLC Cuts Stock Position in The Trade Desk $TTD

Intech Investment Management LLC cut its stake in shares of The Trade Desk (NASDAQ:TTD) by 74.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 17,652 shares of the technology company’s stock after selling 50,229 shares during the period. Intech Investment Management LLC’s holdings in Trade Desk were worth $865,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in TTD. Vanguard Group Inc. lifted its holdings in Trade Desk by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after buying an additional 317,107 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of Trade Desk by 327.3% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 1,121,436 shares of the technology company’s stock worth $80,732,000 after acquiring an additional 858,978 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Trade Desk by 62.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock valued at $8,515,000 after buying an additional 66,672 shares in the last quarter. Jacobson & Schmitt Advisors LLC increased its holdings in shares of Trade Desk by 19.6% in the third quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock valued at $14,192,000 after buying an additional 47,539 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in Trade Desk by 22.9% during the 2nd quarter. Panagora Asset Management Inc. now owns 996,787 shares of the technology company’s stock worth $71,759,000 after buying an additional 185,552 shares during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TTD. Weiss Ratings lowered shares of Trade Desk from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 27th. UBS Group dropped their price objective on shares of Trade Desk from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Cantor Fitzgerald reissued a “neutral” rating and issued a $22.00 price target on shares of Trade Desk in a research report on Thursday, February 26th. Citizens Jmp cut shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, January 23rd. Finally, Cfra restated a “hold” rating and issued a $40.00 price objective on shares of Trade Desk in a research report on Tuesday, January 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $43.45.

Trade Desk News Roundup

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

• Positive Sentiment: OpenAI partnership reports pushed strong upside expectations for TTD, triggering an 18% rally as investors price in access to ChatGPT ad inventory and new AI-driven demand channels. The Trade Desk (TTD) Soars 18% on OpenAI Deal Buzz
• Positive Sentiment: CEO Jeff Green made a large insider purchase (~6M shares, reported ~$148M), which traders view as a confidence signal and helped amplify the rally. Trade Desk (TTD) Soars 20% after CEO’s Huge $148M Insider Purchase
• Positive Sentiment: The company launched the Ventura Ecosystem to unify CTV platforms and OS partners — a strategic move that could improve CTV monetization long term if adoption follows. The Trade Desk (TTD) Introduces Ventura Ecosystem for Connected TV Advertising
• Positive Sentiment: Some analysts remain constructive (Evercore reiterated Buy with a $35 target), arguing the OpenAI angle + insider buying and stretched sell-off leave upside. The Trade Desk: Buy Rated on OpenAI Ad Partnership Upside…
• Neutral Sentiment: Industry / sector rebound articles highlight TTD among software stocks that look attractive after the correction — supportive context but not an immediate catalyst. The Software Recovery Already Started: 5 Stocks to Buy Now
• Neutral Sentiment: Company presentation/transcript from the Morgan Stanley TMT conference is available; useful for modeling but no new financial guidance released in these materials. The Trade Desk, Inc. (TTD) Presents at Morgan Stanley…
• Negative Sentiment: Wedbush downgraded TTD to Underperform, saying the stock has rallied too far on OpenAI hype and that the partnership’s impact may be overstated; they set a $23 price target — a direct catalyst for selling pressure. Wedbush downgrades The Trade Desk, says OpenAI deal impact overestimated
• Negative Sentiment: Underlying fundamentals remain a concern: recent guidance misses and slowing revenue growth have forced a reset in growth/valuation expectations, which leaves the rally vulnerable to profit-taking and skeptical sell-side views. The Trade Desk Stock Dropped 5% on a Guidance Miss

Trade Desk Stock Down 1.7%

Shares of NASDAQ:TTD opened at $29.28 on Monday. The firm has a market cap of $14.16 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.16 and a beta of 1.13. The company’s fifty day simple moving average is $31.16 and its 200 day simple moving average is $40.81. The Trade Desk has a 12 month low of $21.08 and a 12 month high of $91.45.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The firm had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. During the same quarter in the prior year, the firm posted $0.59 EPS. The business’s revenue was up 14.3% on a year-over-year basis. Research analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

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

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.