Motley Fool Asset Management LLC Has $480,000 Stock Holdings in The Trade Desk $TTD

Motley Fool Asset Management LLC lowered its position in The Trade Desk (NASDAQ:TTDFree Report) by 67.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,645 shares of the technology company’s stock after selling 26,510 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Trade Desk were worth $480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the business. State Street Corp boosted its position in Trade Desk by 271.1% during the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock worth $1,781,723,000 after buying an additional 26,559,005 shares during the period. Vanguard Group Inc. boosted its position in Trade Desk by 27.7% during the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock worth $2,787,486,000 after buying an additional 12,321,000 shares during the period. Norges Bank acquired a new stake in Trade Desk during the 4th quarter worth approximately $197,550,000. Invesco Ltd. boosted its position in Trade Desk by 101.0% during the 3rd quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock worth $333,659,000 after buying an additional 3,421,074 shares during the period. Finally, Viking Global Investors LP acquired a new stake in Trade Desk during the 2nd quarter worth approximately $192,524,000. Institutional investors own 67.77% of the company’s stock.

Insider Activity at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. The trade was a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.41% of the stock is currently owned by corporate insiders.

Trade Desk Price Performance

Trade Desk stock opened at $19.29 on Thursday. The stock’s 50 day moving average is $21.92 and its 200 day moving average is $28.50. The firm has a market cap of $9.07 billion, a P/E ratio of 21.92, a P/E/G ratio of 0.96 and a beta of 1.05. The Trade Desk has a one year low of $19.06 and a one year high of $91.45.

Trade Desk (NASDAQ:TTDGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The company had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.Trade Desk’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. Equities analysts anticipate that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has initiated a stock buyback plan on Wednesday, February 25th that allows the company to repurchase $350.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 2.9% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Trade Desk News Summary

Here are the key news stories impacting Trade Desk this week:

Wall Street Analyst Weigh In

TTD has been the topic of several recent research reports. Jefferies Financial Group reiterated a “hold” rating on shares of Trade Desk in a research report on Tuesday, March 17th. Weiss Ratings upgraded shares of Trade Desk from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Evercore set a $27.00 target price on shares of Trade Desk in a research report on Friday, May 8th. Oppenheimer downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Finally, DA Davidson set a $29.00 price objective on Trade Desk and gave the stock a “buy” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have issued a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $33.91.

Check Out Our Latest Research Report on TTD

Trade Desk Profile

(Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.

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Institutional Ownership by Quarter for Trade Desk (NASDAQ:TTD)

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