The Trade Desk $TTD Shares Sold by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. decreased its position in The Trade Desk (NASDAQ:TTD) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 165,322 shares of the technology company’s stock after selling 2,797 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Trade Desk were worth $11,902,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TTD. Brighton Jones LLC grew its position in Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares in the last quarter. Bison Wealth LLC grew its position in Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after acquiring an additional 485 shares in the last quarter. Bessemer Group Inc. grew its position in Trade Desk by 59.3% in the first quarter. Bessemer Group Inc. now owns 12,930 shares of the technology company’s stock valued at $708,000 after acquiring an additional 4,811 shares in the last quarter. Perigon Wealth Management LLC grew its position in Trade Desk by 133.0% in the first quarter. Perigon Wealth Management LLC now owns 13,003 shares of the technology company’s stock valued at $712,000 after acquiring an additional 7,422 shares in the last quarter. Finally, Transcend Capital Advisors LLC grew its position in Trade Desk by 59.1% in the first quarter. Transcend Capital Advisors LLC now owns 9,779 shares of the technology company’s stock valued at $535,000 after acquiring an additional 3,633 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of the stock in a transaction on 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 sale, the insider directly 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 this link. Also, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction on 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 sale, the director directly owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. 10.00% of the stock is owned by company insiders.

Trade Desk Price Performance

Shares of TTD opened at $52.00 on Monday. The business’s fifty day moving average price is $50.71 and its 200 day moving average price is $62.79. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The stock has a market capitalization of $25.42 billion, a PE ratio of 62.65, a price-to-earnings-growth ratio of 2.78 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter last year, the business earned $0.39 earnings per share. The business’s revenue for the quarter was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on TTD shares. Wall Street Zen downgraded shares of Trade Desk from a “hold” rating to a “sell” rating in a research report on Monday, September 1st. KeyCorp increased their target price on Trade Desk from $80.00 to $95.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Wells Fargo & Company set a $53.00 target price on Trade Desk and gave the company an “equal weight” rating in a research note on Monday, October 6th. Oppenheimer increased their target price on Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. Finally, HSBC reiterated a “hold” rating and set a $56.00 target price on shares of Trade Desk in a research note on Monday, August 11th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Trade Desk 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.