MGO One Seven LLC Reduces Position in The Trade Desk $TTD

MGO One Seven LLC lessened its stake in shares of The Trade Desk (NASDAQ:TTD) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,389 shares of the technology company’s stock after selling 374 shares during the period. MGO One Seven LLC’s holdings in Trade Desk were worth $532,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Ashton Thomas Securities LLC boosted its holdings in shares of Trade Desk by 2.6% in the 1st quarter. Ashton Thomas Securities LLC now owns 5,760 shares of the technology company’s stock valued at $315,000 after acquiring an additional 144 shares during the last quarter. Tradition Wealth Management LLC boosted its holdings in shares of Trade Desk by 2.4% in the 1st quarter. Tradition Wealth Management LLC now owns 6,349 shares of the technology company’s stock valued at $347,000 after acquiring an additional 150 shares during the last quarter. HighMark Wealth Management LLC boosted its holdings in shares of Trade Desk by 46.2% in the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after acquiring an additional 151 shares during the last quarter. Meiji Yasuda Life Insurance Co boosted its holdings in shares of Trade Desk by 2.8% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 5,857 shares of the technology company’s stock valued at $320,000 after acquiring an additional 157 shares during the last quarter. Finally, Brighton Jones LLC boosted its holdings in shares of Trade Desk by 3.8% in the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares during the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on TTD shares. BMO Capital Markets dropped their price objective on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Trade Desk in a report on Wednesday, October 8th. Rosenblatt Securities reissued a “buy” rating on shares of Trade Desk in a report on Friday, August 8th. HSBC reissued a “hold” rating and set a $56.00 price target on shares of Trade Desk in a report on Monday, August 11th. Finally, Moffett Nathanson downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price target on the stock. in a report on Friday, August 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $84.48.

Trade Desk Stock Up 0.2%

TTD opened at $49.98 on Friday. The company has a market cap of $24.44 billion, a price-to-earnings ratio of 60.22, a PEG ratio of 2.67 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. The firm’s fifty day simple moving average is $50.65 and its two-hundred day simple moving average is $62.45.

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

Insider Buying and Selling at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider directly owned 218,246 shares of the company’s stock, valued at $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction 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 transaction, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 10.00% of the company’s stock.

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.