National Pension Service Sells 759,127 Shares of The Trade Desk $TTD

National Pension Service lessened its holdings in The Trade Desk (NASDAQ:TTD) by 50.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 748,724 shares of the technology company’s stock after selling 759,127 shares during the period. National Pension Service’s holdings in Trade Desk were worth $53,901,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Trade Desk by 3.7% during the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock worth $2,420,689,000 after purchasing an additional 1,567,491 shares in the last quarter. Jennison Associates LLC lifted its stake in Trade Desk by 17.9% during 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 acquiring an additional 2,169,252 shares in the last quarter. Nuveen LLC purchased a new position in Trade Desk during the 1st quarter worth $191,935,000. Zevenbergen Capital Investments LLC boosted its holdings in Trade Desk by 3.7% during the 1st quarter. Zevenbergen Capital Investments LLC now owns 2,169,273 shares of the technology company’s stock worth $118,703,000 after acquiring an additional 77,890 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Trade Desk by 0.4% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,007,334 shares of the technology company’s stock worth $144,508,000 after acquiring an additional 7,150 shares in the last quarter. Institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Down 2.1%

Shares of NASDAQ:TTD opened at $42.87 on Friday. The company has a 50-day moving average price of $48.99 and a two-hundred day moving average price of $62.41. The Trade Desk has a twelve month low of $41.77 and a twelve month high of $141.53. The firm has a market capitalization of $20.96 billion, a PE ratio of 49.28, a P/E/G ratio of 2.28 and a beta of 1.43.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $719.11 million. During the same period in the previous year, the business earned $0.41 EPS. Trade Desk’s revenue was up 17.7% compared to the same quarter last year. Trade Desk has set its Q4 2025 guidance at EPS. Analysts anticipate 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 Thursday, November 6th that authorizes the company to repurchase $500.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. JMP Securities set a $60.00 price objective on shares of Trade Desk and gave the company a “market outperform” rating in a research note on Tuesday, September 30th. Oppenheimer lifted their price target on Trade Desk from $80.00 to $110.00 and gave the stock an “outperform” rating in a report on Tuesday, July 29th. Citigroup restated an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Wells Fargo & Company lowered their target price on Trade Desk from $53.00 to $47.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th. Finally, Susquehanna cut their price target on shares of Trade Desk from $135.00 to $85.00 and set a “positive” rating on the stock in a report on Friday, November 7th. Twenty-one research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $78.33.

Insider Buying and Selling at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.00% of the company’s stock.

Trade Desk Company Profile

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.