International Assets Investment Management LLC Has $955,000 Position in The Trade Desk $TTD

International Assets Investment Management LLC lowered its holdings in shares of The Trade Desk (NASDAQ:TTD) by 8.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,267 shares of the technology company’s stock after selling 1,236 shares during the quarter. International Assets Investment Management LLC’s holdings in Trade Desk were worth $955,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of TTD. Banque Cantonale Vaudoise bought a new position in shares of Trade Desk during the 1st quarter valued at $26,000. Sound Income Strategies LLC raised its holdings in shares of Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after purchasing an additional 270 shares in the last quarter. Cloud Capital Management LLC bought a new position in shares of Trade Desk during the 1st quarter valued at $27,000. von Borstel & Associates Inc. bought a new position in shares of Trade Desk during the 1st quarter valued at $31,000. Finally, West Oak Capital LLC raised its holdings in Trade Desk by 466.7% in the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after acquiring an additional 350 shares during the period. Institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling

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

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $52.49 on Tuesday. The firm has a market cap of $25.66 billion, a P/E ratio of 63.24, a price-to-earnings-growth ratio of 2.67 and a beta of 1.38. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The firm’s 50-day simple moving average is $50.64 and its 200-day simple moving average is $62.63.

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

Analyst Ratings Changes

Several research analysts recently commented on the stock. KeyCorp lifted their target price on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, July 17th. Hsbc Global Res downgraded shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Moffett Nathanson downgraded shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 target price on the stock. in a report on Friday, August 8th. JMP Securities set a $60.00 target price on shares of Trade Desk and gave the stock a “market outperform” rating in a report on Tuesday, September 30th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $84.00 target price on shares of Trade Desk in a report on Monday, September 8th. Twenty-one analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, Trade Desk currently has an average rating of “Hold” and a consensus target price of $84.48.

Trade Desk Profile

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.