Checchi Capital Advisers LLC Buys 356 Shares of The Trade Desk $TTD

Checchi Capital Advisers LLC boosted its stake in The Trade Desk (NASDAQ:TTD) by 1.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,290 shares of the technology company’s stock after acquiring an additional 356 shares during the period. Checchi Capital Advisers LLC’s holdings in Trade Desk were worth $1,533,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in TTD. Brighton Jones LLC raised 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 worth $539,000 after acquiring an additional 169 shares during the period. Bison Wealth LLC raised 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 worth $291,000 after acquiring an additional 485 shares during the period. GAMMA Investing LLC raised its position in Trade Desk by 3,876.8% in the first quarter. GAMMA Investing LLC now owns 91,984 shares of the technology company’s stock worth $5,033,000 after acquiring an additional 89,671 shares during the period. Hennion & Walsh Asset Management Inc. raised its position in shares of Trade Desk by 33.9% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 3,881 shares of the technology company’s stock valued at $212,000 after purchasing an additional 983 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Trade Desk during the 1st quarter valued at approximately $43,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk Stock Performance

Shares of Trade Desk stock opened at $51.55 on Friday. The Trade Desk has a 52-week low of $42.96 and a 52-week high of $141.53. The stock has a market capitalization of $25.20 billion, a price-to-earnings ratio of 62.11, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38. The company has a fifty day moving average of $57.09 and a 200-day moving average of $62.86.

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 analysts’ consensus estimates of $0.42 by ($0.24). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The business had revenue of $694.04 million during the quarter, compared to analysts’ expectations of $686.00 million. During the same period last year, the company posted $0.39 EPS. Trade Desk’s revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TTD shares. HSBC reiterated a “hold” rating and issued a $56.00 price objective on shares of Trade Desk in a research note on Monday, August 11th. Royal Bank Of Canada reduced their price objective on shares of Trade Desk from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Oppenheimer lifted their price objective on shares of Trade Desk from $80.00 to $110.00 and gave the company an “outperform” rating in a research note on Tuesday, July 29th. BMO Capital Markets reduced their price objective on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Finally, Arete Research upgraded shares of Trade Desk to a “strong sell” rating in a research note on Monday, July 28th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $84.94.

Insider Activity

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total value 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 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 firm’s stock in a transaction dated 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 sale, the insider owned 218,246 shares of the company’s stock, valued at approximately $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 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.