The Trade Desk $TTD Shares Sold by Howard Capital Management Inc.

Howard Capital Management Inc. lessened its position in The Trade Desk (NASDAQ:TTD) by 12.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,889 shares of the technology company’s stock after selling 1,616 shares during the quarter. Howard Capital Management Inc.’s holdings in Trade Desk were worth $856,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise purchased a new stake in Trade Desk during the first quarter worth about $26,000. Sound Income Strategies LLC grew its holdings in shares of Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after purchasing an additional 270 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Trade Desk during the 1st quarter worth approximately $27,000. von Borstel & Associates Inc. acquired a new stake in Trade Desk during the 1st quarter worth approximately $31,000. Finally, West Oak Capital LLC lifted its holdings in Trade Desk by 466.7% during the 2nd quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after buying an additional 350 shares in the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Stock Performance

TTD opened at $49.96 on Thursday. The Trade Desk has a one year low of $42.96 and a one year high of $141.53. The company has a market cap of $24.43 billion, a P/E ratio of 60.19, a PEG ratio of 2.76 and a beta of 1.38. The business’s 50-day simple moving average is $50.61 and its 200-day simple moving average is $62.80.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to analysts’ expectations 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 for the quarter was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, analysts predict that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Activity at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of the company’s stock in a transaction on Thursday, August 7th. The shares were 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 approximately $19,899,670.28. This represents a 19.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the transaction, the director directly owned 5,035 shares in the company, valued at $242,687. This trade represents a 21.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TTD. Stifel Nicolaus cut their price objective on Trade Desk from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. Moffett Nathanson downgraded Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price target on the stock. in a report on Friday, August 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $84.00 price target on shares of Trade Desk in a research report on Monday, September 8th. Wedbush reissued an “outperform” rating and set a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. Finally, KeyCorp upped their target price on shares of Trade Desk from $80.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. Twenty-one research 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $84.48.

Trade Desk 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.