The Trade Desk $TTD Shares Sold by Ables Iannone Moore & Associates Inc.

Ables Iannone Moore & Associates Inc. cut its position in The Trade Desk (NASDAQ:TTD) by 3.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 81,825 shares of the technology company’s stock after selling 2,710 shares during the quarter. Trade Desk accounts for about 3.7% of Ables Iannone Moore & Associates Inc.’s portfolio, making the stock its 8th largest holding. Ables Iannone Moore & Associates Inc.’s holdings in Trade Desk were worth $5,891,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company’s stock valued at $2,420,689,000 after buying an additional 1,567,491 shares in the last quarter. Brown Advisory Inc. increased its position in Trade Desk by 198.4% during the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company’s stock worth $443,358,000 after purchasing an additional 5,387,339 shares in the last quarter. Nuveen LLC acquired a new position in Trade Desk during the 1st quarter worth approximately $191,935,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Trade Desk by 4.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,198,972 shares of the technology company’s stock worth $258,445,000 after purchasing an additional 89,592 shares in the last quarter. Finally, Zevenbergen Capital Investments LLC increased its position 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 purchasing an additional 77,890 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $45.15 on Friday. The firm has a 50 day moving average price of $66.75 and a two-hundred day moving average price of $64.37. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53. The stock has a market cap of $22.08 billion, a P/E ratio of 54.40, a price-to-earnings-growth ratio of 2.32 and a beta of 1.36.

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). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The firm had revenue of $694.04 million for the quarter, compared to the consensus estimate of $686.00 million. During the same period in the prior year, the business earned $0.39 EPS. Trade Desk’s quarterly revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. Analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. UBS Group lowered their price objective on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a research report on Friday, August 15th. Moffett Nathanson cut shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price objective for the company. in a research report on Friday, August 8th. Arete Research upgraded shares of Trade Desk to a “strong sell” rating in a research report on Monday, July 28th. Hsbc Global Res cut shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Finally, HSBC restated a “hold” rating and issued a $56.00 price target on shares of Trade Desk in a research report on Monday, August 11th. Twenty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Trade Desk has an average rating of “Hold” and an average price target of $87.67.

Insiders Place Their Bets

In related news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the completion of the transaction, the insider owned 218,246 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk 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 transaction, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. This represents a 21.79% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is owned by company insiders.

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.