The Trade Desk $TTD Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC increased its stake in shares of The Trade Desk (NASDAQ:TTD) by 33.1% during the 2nd quarter, Holdings Channel reports. The fund owned 9,286 shares of the technology company’s stock after purchasing an additional 2,308 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Trade Desk were worth $668,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of TTD. Banque Cantonale Vaudoise purchased a new position in Trade Desk during the first quarter worth approximately $26,000. Sound Income Strategies LLC boosted its position in Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares in the last quarter. Cloud Capital Management LLC purchased a new position in Trade Desk during the first quarter worth approximately $27,000. von Borstel & Associates Inc. purchased a new position in Trade Desk during the first quarter worth approximately $31,000. Finally, West Oak Capital LLC boosted its position in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after purchasing an additional 350 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider owned 218,246 shares in the company, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the transaction, the director owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TTD shares. Piper Sandler lowered their price target on Trade Desk from $65.00 to $64.00 and set a “neutral” rating on the stock in a research report on Friday, August 8th. UBS Group lowered their price target on Trade Desk from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Jefferies Financial Group downgraded Trade Desk from a “buy” rating to a “hold” rating and lowered their price target for the stock from $100.00 to $50.00 in a research report on Monday, August 11th. Wall Street Zen downgraded Trade Desk from a “hold” rating to a “sell” rating in a research report on Monday, September 1st. Finally, Citigroup restated an “outperform” rating on shares of Trade Desk in a research report on Tuesday, September 30th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $84.48.

Trade Desk Price Performance

NASDAQ TTD opened at $53.92 on Wednesday. The company has a market cap of $26.36 billion, a PE ratio of 64.96, a price-to-earnings-growth ratio of 2.81 and a beta of 1.38. The stock’s 50 day simple moving average is $50.65 and its 200-day simple moving average is $62.57. The Trade Desk has a 1-year low of $42.96 and a 1-year high of $141.53.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. During the same quarter in the previous year, the business posted $0.39 EPS. The business’s quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities research analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

About Trade Desk

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.