KPP Advisory Services LLC Purchases New Holdings in The Trade Desk $TTD

KPP Advisory Services LLC acquired a new position in The Trade Desk (NASDAQ:TTD) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 3,506 shares of the technology company’s stock, valued at approximately $252,000.

Other hedge funds have also recently bought and sold shares of the company. Banque Cantonale Vaudoise acquired a new stake in shares of Trade Desk in the 1st quarter valued at $26,000. Sound Income Strategies LLC boosted its holdings in 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 acquiring an additional 270 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in Trade Desk in the first quarter worth about $27,000. von Borstel & Associates Inc. bought a new stake in Trade Desk during the 1st quarter worth about $31,000. Finally, West Oak Capital LLC lifted its position in 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 purchasing an additional 350 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TTD shares. Oppenheimer lifted their price target on shares of Trade Desk from $80.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 29th. Rosenblatt Securities reaffirmed a “buy” rating on shares of Trade Desk in a report on Friday, August 8th. Jefferies Financial Group cut shares of Trade Desk from a “buy” rating to a “hold” rating and dropped their target price for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Wells Fargo & Company set a $53.00 price target on Trade Desk and gave the stock an “equal weight” rating in a research report on Monday. Finally, Royal Bank Of Canada decreased their price objective on Trade Desk from $100.00 to $90.00 and set an “outperform” rating for the company in a research note on Friday, August 8th. Twenty-one analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Trade Desk currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.48.

Insider Activity at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction that occurred 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 transaction, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company’s stock in a transaction that occurred 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 owned 5,035 shares of the company’s stock, valued at $242,687. This trade represents a 21.79% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by insiders.

Trade Desk Stock Up 3.1%

TTD opened at $53.14 on Tuesday. The stock has a market cap of $25.98 billion, a P/E ratio of 64.02, a P/E/G ratio of 2.76 and a beta of 1.38. The Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The company has a fifty day simple moving average of $56.38 and a 200 day simple moving average of $62.89.

Trade Desk (NASDAQ:TTD) last posted its earnings results 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 analyst estimates of $686.00 million. During the same period in the previous year, the firm posted $0.39 earnings per share. The firm’s revenue 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 expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

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.