Bridgewater Advisors Inc. Invests $231,000 in The Trade Desk $TTD

Bridgewater Advisors Inc. purchased a new position in The Trade Desk (NASDAQ:TTD) during the 2nd quarter, Holdings Channel reports. The fund purchased 3,209 shares of the technology company’s stock, valued at approximately $231,000.

Other large investors also recently added to or reduced their stakes in the company. Brown Advisory Inc. increased its position in shares of Trade Desk by 198.4% during the first quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock worth $443,358,000 after acquiring an additional 5,387,339 shares during the period. Nuveen LLC bought a new position in Trade Desk in the first quarter worth approximately $191,935,000. Jennison Associates LLC increased its holdings in Trade Desk by 17.9% during the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after purchasing an additional 2,169,252 shares during the period. Vanguard Group Inc. increased its holdings in Trade Desk by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock worth $2,420,689,000 after purchasing an additional 1,567,491 shares during the period. Finally, Jacobs Levy Equity Management Inc. raised its position in Trade Desk by 255.4% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,756,805 shares of the technology company’s stock valued at $96,132,000 after purchasing an additional 1,262,492 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trade Desk

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company’s stock, valued at $242,687. This trade represents a 21.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the business’s stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider owned 218,246 shares in the company, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 10.00% of the company’s stock.

Trade Desk Stock Performance

NASDAQ:TTD opened at $47.24 on Wednesday. The company’s 50-day simple moving average is $50.32 and its 200-day simple moving average is $62.88. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53. The stock has a market capitalization of $23.10 billion, a P/E ratio of 56.92, a P/E/G ratio of 2.62 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). The firm 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 company’s revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.39 EPS. 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.

Analyst Ratings Changes

Several equities analysts have recently commented on TTD shares. Scotiabank cut their price target on Trade Desk from $83.00 to $60.00 and set a “sector perform” rating on the stock in a research note on Friday, August 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Trade Desk in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of Trade Desk from a “sell” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada dropped their price objective on shares of Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Finally, KeyCorp boosted their price objective on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Trade Desk has an average rating of “Hold” and a consensus price target 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.