Arrowroot Family Office LLC Takes $308,000 Position in The Trade Desk $TTD

Arrowroot Family Office LLC purchased a new stake in The Trade Desk (NASDAQ:TTD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,283 shares of the technology company’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Ellevest Inc. boosted its position in shares of Trade Desk by 4.1% during the second quarter. Ellevest Inc. now owns 11,780 shares of the technology company’s stock worth $848,000 after purchasing an additional 465 shares in the last quarter. FWG Holdings LLC bought a new position in shares of Trade Desk during the second quarter worth $687,000. Jacobson & Schmitt Advisors LLC boosted its position in shares of Trade Desk by 29.6% during the second quarter. Jacobson & Schmitt Advisors LLC now owns 242,035 shares of the technology company’s stock worth $17,424,000 after purchasing an additional 55,224 shares in the last quarter. Pointe Capital Management LLC bought a new position in shares of Trade Desk during the second quarter worth $8,246,000. Finally, Pacific Wealth Strategies Group Inc. boosted its position in shares of Trade Desk by 7.6% during the second quarter. Pacific Wealth Strategies Group Inc. now owns 17,516 shares of the technology company’s stock worth $1,261,000 after purchasing an additional 1,234 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Stock Down 3.8%

NASDAQ:TTD opened at $47.24 on Wednesday. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The business has a 50 day moving average price of $50.32 and a two-hundred day moving average price of $62.88. The company has a market cap of $23.10 billion, a P/E ratio of 56.92, a price-to-earnings-growth ratio of 2.62 and a beta of 1.43.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on TTD shares. BMO Capital Markets reduced their price target on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Wells Fargo & Company set a $53.00 price target on shares of Trade Desk and gave the stock an “equal weight” rating in a research report on Monday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Trade Desk in a research report on Wednesday, October 8th. BTIG Research cut shares of Trade Desk from a “buy” rating to a “neutral” rating in a research report on Friday, August 8th. Finally, Bank of America reaffirmed an “underperform” rating and issued a $55.00 price objective (down from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Twenty-one research 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 MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $84.48.

Insider Activity

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the business’s stock in a transaction dated 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 sale, the insider directly owned 218,246 shares of the company’s stock, valued at $19,899,670.28. The trade was a 19.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director directly owned 5,035 shares in the company, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.