Praxis Investment Management Inc. Invests $861,000 in The Trade Desk $TTD

Praxis Investment Management Inc. bought a new stake in shares of The Trade Desk (NASDAQ:TTD) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 22,683 shares of the technology company’s stock, valued at approximately $861,000.

Other hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Trade Desk by 62.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock valued at $8,515,000 after purchasing an additional 66,672 shares in the last quarter. Jacobson & Schmitt Advisors LLC grew its stake in Trade Desk by 19.6% during the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock valued at $14,192,000 after purchasing an additional 47,539 shares in the last quarter. State of Michigan Retirement System acquired a new stake in Trade Desk during the 3rd quarter valued at approximately $5,906,000. Ashton Thomas Private Wealth LLC grew its stake in Trade Desk by 272.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock valued at $2,604,000 after purchasing an additional 50,209 shares in the last quarter. Finally, Amalgamated Bank grew its stake in Trade Desk by 190.1% during the 3rd quarter. Amalgamated Bank now owns 97,918 shares of the technology company’s stock valued at $4,799,000 after purchasing an additional 64,159 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trade Desk

In other news, Director Kathryn E. Falberg sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.48, for a total value of $1,524,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.41% of the company’s stock.

Analyst Upgrades and Downgrades

TTD has been the subject of a number of recent analyst reports. Morgan Stanley lowered their price objective on Trade Desk from $42.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Royal Bank Of Canada restated an “outperform” rating and set a $35.00 price objective on shares of Trade Desk in a research note on Tuesday, April 28th. Piper Sandler restated a “neutral” rating and set a $28.00 price objective (down from $50.00) on shares of Trade Desk in a research note on Monday, March 2nd. Citizens Jmp cut Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Trade Desk in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Trade Desk has a consensus rating of “Hold” and an average price target of $41.38.

Trade Desk Trading Down 2.2%

Shares of NASDAQ TTD opened at $23.49 on Friday. The Trade Desk has a twelve month low of $19.74 and a twelve month high of $91.45. The company has a market capitalization of $11.18 billion, a price-to-earnings ratio of 26.10, a price-to-earnings-growth ratio of 0.96 and a beta of 1.10. The business has a 50 day simple moving average of $23.73 and a 200-day simple moving average of $32.86.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The firm had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same quarter last year, the firm posted $0.33 earnings per share. Trade Desk’s revenue was up 11.8% compared to the same quarter last year. As a group, equities analysts predict that The Trade Desk will post 1.27 earnings per share for the current year.

Trade Desk declared that its board has initiated a share buyback plan on Wednesday, February 25th that authorizes the company to buyback $350.00 million in shares. This buyback authorization authorizes the technology company to reacquire up to 2.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Key Trade Desk News

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

• Positive Sentiment: Revenue roughly matched/beat expectations (helping the topline view despite slowing growth). View press release and slide deck. Press Release
• Positive Sentiment: Significant insider buying by CEO noted in filings — a signal management is buying the stock at current levels. Quiver Quant
• Neutral Sentiment: Analysts are split: several buy/outperform ratings remain, but some firms have downgraded or set lower targets — median 6‑month target around $35, with a range into the low $20s. Globe & Mail
• Neutral Sentiment: Company said it updated Q2 guidance (details were minimal in early releases) — guidance clarity will be a near-term catalyst but the update as released did not reassure markets.
• Negative Sentiment: EPS missed estimates: Q1 EPS $0.28 vs. consensus ~$0.32, falling short and raising concerns about margin pressure. Zacks
• Negative Sentiment: Growth decelerated vs. prior periods and profit came up short of expectations — investors are focused on whether management can reaccelerate demand and stabilize margins. MarketWatch
• Negative Sentiment: Ongoing agency-client uncertainty (reports of at least one large agency advising clients on platform use after a third‑party audit) plus recent leadership/finance changes elevated execution and revenue-risk concerns. This dynamic likely amplified the selloff. Quiver Quant

About Trade Desk

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.