76,689 Shares in The Trade Desk $TTD Bought by Greenland Capital Management LP

Greenland Capital Management LP bought a new stake in shares of The Trade Desk (NASDAQ:TTD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 76,689 shares of the technology company’s stock, valued at approximately $5,521,000.

Several other large investors also recently made changes to their positions in TTD. Vanguard Group Inc. lifted its stake in shares of Trade Desk by 0.7% in the second quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after buying an additional 317,107 shares during the last quarter. Jennison Associates LLC grew its stake in Trade Desk by 17.9% in the 2nd quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock valued at $1,027,114,000 after buying an additional 2,169,252 shares during the last quarter. Geode Capital Management LLC raised its holdings in Trade Desk by 52.1% in the 2nd quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the period. Nuveen LLC acquired a new position in Trade Desk during the 1st quarter worth $191,935,000. Finally, Zevenbergen Capital Investments LLC boosted its holdings in Trade Desk by 3.7% during the first quarter. Zevenbergen Capital Investments LLC now owns 2,169,273 shares of the technology company’s stock valued at $118,703,000 after acquiring an additional 77,890 shares during the period. Institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the transaction, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 10.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on TTD shares. Citigroup reissued an “outperform” rating on shares of Trade Desk in a research report on Tuesday, September 30th. Stifel Nicolaus reduced their price objective on Trade Desk from $95.00 to $90.00 and set a “buy” rating for the company in a research report on Friday, August 8th. BTIG Research cut shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. BMO Capital Markets decreased their price target on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Finally, JMP Securities set a $60.00 target price on shares of Trade Desk and gave the company a “market outperform” rating in a research note on Tuesday, September 30th. Twenty-one research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Trade Desk currently has an average rating of “Hold” and an average target price of $78.33.

Trade Desk Price Performance

Shares of NASDAQ:TTD opened at $40.47 on Wednesday. The business’s fifty day moving average price is $48.31 and its two-hundred day moving average price is $62.25. The Trade Desk has a fifty-two week low of $39.69 and a fifty-two week high of $141.53. The stock has a market capitalization of $19.57 billion, a price-to-earnings ratio of 46.52, a price-to-earnings-growth ratio of 1.99 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The business had revenue of $739.43 million for the quarter, compared to analyst estimates of $719.11 million. During the same quarter in the prior year, the firm earned $0.41 EPS. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. Trade Desk has set its Q4 2025 guidance at EPS. Research analysts expect that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its Board of Directors has authorized a share buyback program on Thursday, November 6th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

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.