Strategic Blueprint LLC Raises Stake in The Trade Desk $TTD

Strategic Blueprint LLC increased its stake in The Trade Desk (NASDAQ:TTD) by 11.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 7,791 shares of the technology company’s stock after buying an additional 815 shares during the period. Strategic Blueprint LLC’s holdings in Trade Desk were worth $561,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise purchased a new position in shares of Trade Desk during the 1st quarter valued at $26,000. Sound Income Strategies LLC lifted its position in shares of Trade Desk by 317.6% during the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after buying an additional 270 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of Trade Desk during the 1st quarter valued at $27,000. von Borstel & Associates Inc. purchased a new position in shares of Trade Desk during the 1st quarter valued at $31,000. Finally, West Oak Capital LLC lifted its position in shares of Trade Desk by 466.7% during the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock valued at $31,000 after buying an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Down 3.9%

Shares of NASDAQ TTD opened at $52.00 on Friday. The firm has a market capitalization of $25.42 billion, a P/E ratio of 62.65, a P/E/G ratio of 2.78 and a beta of 1.38. The stock’s 50-day simple moving average is $50.71 and its two-hundred day simple moving average is $62.73. The Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $84.00 price target on shares of Trade Desk in a research report on Monday, September 8th. Morgan Stanley cut Trade Desk from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $80.00 to $50.00 in a report on Wednesday, September 10th. BMO Capital Markets dropped their price objective on Trade Desk from $115.00 to $98.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Moffett Nathanson cut Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective on the stock. in a report on Friday, August 8th. Finally, Citigroup reissued an “outperform” rating on shares of Trade Desk in a 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $84.48.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the company’s 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 transaction, the director directly owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the transaction, the insider owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is owned by corporate insiders.

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.