35,832 Shares in The Trade Desk $TTD Bought by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new position in shares of The Trade Desk (NASDAQ:TTD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 35,832 shares of the technology company’s stock, valued at approximately $1,360,000.

Several other hedge funds have also added to or reduced their stakes in TTD. Brighton Jones LLC raised its stake in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after buying an additional 169 shares during the period. Bison Wealth LLC raised its stake in Trade Desk by 24.3% during the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after buying an additional 485 shares during the period. Woodline Partners LP raised its stake in Trade Desk by 75.5% during the 1st quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after buying an additional 2,269 shares during the period. Cerity Partners LLC raised its stake in shares of Trade Desk by 46.6% in the 2nd quarter. Cerity Partners LLC now owns 59,785 shares of the technology company’s stock valued at $4,304,000 after purchasing an additional 19,015 shares during the period. Finally, AXA S.A. raised its stake in shares of Trade Desk by 14.7% in the 2nd quarter. AXA S.A. now owns 42,819 shares of the technology company’s stock valued at $3,083,000 after purchasing an additional 5,487 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Buying and Selling

In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $59,255.70. The trade was a 98.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.41% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on the company. KeyCorp lowered Trade Desk from an “overweight” rating to a “sector weight” rating in a research note on Friday, May 8th. Jefferies Financial Group restated a “hold” rating on shares of Trade Desk in a report on Tuesday, March 17th. Oppenheimer cut Trade Desk from an “outperform” rating to a “market perform” rating in a research note on Friday, May 8th. HSBC cut Trade Desk from a “buy” rating to a “reduce” rating and set a $20.00 price target for the company. in a research note on Monday, May 11th. Finally, Citigroup reiterated a “neutral” rating on shares of Trade Desk in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $34.61.

Trade Desk Trading Down 0.7%

Shares of TTD stock opened at $21.02 on Thursday. The stock has a market cap of $9.88 billion, a P/E ratio of 23.89, a price-to-earnings-growth ratio of 1.02 and a beta of 1.10. The stock has a 50 day simple moving average of $22.88 and a 200 day simple moving average of $30.90. The Trade Desk has a 1 year low of $19.74 and a 1 year high of $91.45.

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

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

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.