The Trade Desk $TTD Shares Bought by Forsta AP Fonden

Forsta AP Fonden boosted its position in shares of The Trade Desk (NASDAQ:TTD) by 2.0% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 92,100 shares of the technology company’s stock after acquiring an additional 1,800 shares during the quarter. Forsta AP Fonden’s holdings in Trade Desk were worth $6,630,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC increased its holdings in Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after acquiring an additional 270 shares in the last quarter. West Oak Capital LLC boosted its stake in shares of Trade Desk by 466.7% in the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock valued at $31,000 after purchasing an additional 350 shares during the period. Banque Cantonale Vaudoise purchased a new position in Trade Desk in the first quarter valued at $26,000. HighMark Wealth Management LLC grew its holdings in Trade Desk by 46.2% during the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock worth $34,000 after acquiring an additional 151 shares in the last quarter. Finally, Vermillion Wealth Management Inc. increased its holdings in shares of Trade Desk by 400.0% in the 2nd quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock valued at $36,000 after acquiring an additional 400 shares during the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

Trade Desk Stock Performance

NASDAQ TTD opened at $41.93 on Friday. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 48.20, a PEG ratio of 2.12 and a beta of 1.43. The Trade Desk has a twelve month low of $41.50 and a twelve month high of $141.53. The firm’s 50 day moving average price is $48.79 and its two-hundred day moving average price is $62.32.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. During the same period last year, the company posted $0.41 earnings per share. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. Trade Desk has set its Q4 2025 guidance at EPS. On average, research analysts forecast that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its Board of Directors has approved a share buyback plan on Thursday, November 6th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the technology company to buy up to 2.1% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its stock is undervalued.

Insider Activity 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 shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the transaction, the director owned 5,035 shares in the company, valued at approximately $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 can be accessed through this link. 10.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Wall Street Zen upgraded shares of Trade Desk from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. BMO Capital Markets lowered their target price on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Hsbc Global Res downgraded Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Wells Fargo & Company reduced their price objective on shares of Trade Desk from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th. Finally, Royal Bank Of Canada set a $80.00 price target on Trade Desk and gave the stock an “outperform” rating in a report on Friday, November 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Trade Desk has a consensus rating of “Hold” and a consensus target price of $78.33.

Trade Desk Company 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.