159,395 Shares in The Trade Desk $TTD Bought by Capital Impact Advisors LLC

Capital Impact Advisors LLC purchased a new stake in The Trade Desk (NASDAQ:TTD) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 159,395 shares of the technology company’s stock, valued at approximately $7,812,000. Trade Desk makes up about 1.7% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 27th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC grew its stake in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after buying an additional 169 shares in the last quarter. M&T Bank Corp raised its holdings in shares of Trade Desk by 0.7% during the 2nd quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock valued at $1,987,000 after buying an additional 194 shares during the period. AE Wealth Management LLC lifted its position in Trade Desk by 5.4% during the 2nd quarter. AE Wealth Management LLC now owns 4,553 shares of the technology company’s stock worth $328,000 after acquiring an additional 235 shares in the last quarter. HighMark Wealth Management LLC lifted its position in Trade Desk by 49.2% during the 3rd quarter. HighMark Wealth Management LLC now owns 713 shares of the technology company’s stock worth $35,000 after acquiring an additional 235 shares in the last quarter. Finally, Candriam S.C.A. boosted its holdings in Trade Desk by 0.9% in the 2nd quarter. Candriam S.C.A. now owns 25,571 shares of the technology company’s stock worth $1,841,000 after acquiring an additional 236 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Stock Up 3.1%

Shares of TTD opened at $27.34 on Friday. The firm has a market cap of $13.22 billion, a price-to-earnings ratio of 30.38, a PEG ratio of 1.08 and a beta of 1.13. The business’s 50 day moving average is $30.11 and its two-hundred day moving average is $40.01. The Trade Desk has a 52-week low of $21.08 and a 52-week high of $91.45.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.59. The business had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.59 earnings per share. On average, equities analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has approved a stock repurchase program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the completion of the transaction, the director directly owned 1,946 shares of the company’s stock, valued at $59,255.70. This trade represents a 98.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 10.00% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Benchmark reaffirmed a “buy” rating and issued a $40.00 price objective (down from $65.00) on shares of Trade Desk in a research report on Monday, February 23rd. Jefferies Financial Group set a $40.00 target price on shares of Trade Desk and gave the stock a “hold” rating in a research report on Thursday, December 11th. Cannonball Research upgraded shares of Trade Desk to a “strong-buy” rating in a research note on Monday, January 12th. Wolfe Research reaffirmed an “outperform” rating and set a $45.00 price target (down from $60.00) on shares of Trade Desk in a report on Monday, January 5th. Finally, Wells Fargo & Company dropped their price target on shares of Trade Desk from $42.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, fifteen have given a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, Trade Desk currently has an average rating of “Hold” and an average target price of $43.45.

Trade Desk Company Profile

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.