The Trade Desk $TTD Position Boosted by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC increased its holdings in The Trade Desk (NASDAQ:TTD) by 32.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,074 shares of the technology company’s stock after buying an additional 1,969 shares during the quarter. Clear Creek Financial Management LLC’s holdings in Trade Desk were worth $581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sound Income Strategies LLC grew its holdings in Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after buying an additional 270 shares in the last quarter. West Oak Capital LLC grew its holdings in Trade Desk by 466.7% in 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. Banque Cantonale Vaudoise bought a new position in Trade Desk in the 1st quarter worth approximately $26,000. HighMark Wealth Management LLC boosted its stake in Trade Desk by 46.2% during the 2nd quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after purchasing an additional 151 shares in the last quarter. Finally, Vermillion Wealth Management Inc. boosted its stake in Trade Desk by 400.0% during the 2nd quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Stock Down 3.2%

TTD opened at $52.36 on Friday. The stock has a fifty day moving average of $53.78 and a 200-day moving average of $62.66. The firm has a market capitalization of $25.60 billion, a P/E ratio of 63.09, a PEG ratio of 2.89 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.

Trade Desk (NASDAQ:TTD) last released 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). The business had revenue of $694.04 million during the quarter, compared to analysts’ expectations of $686.00 million. Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. Trade Desk’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. On average, analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, 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 owned 5,035 shares in the company, valued at $242,687. This represents a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jay R. Grant sold 51,290 shares of the 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 sale, the insider owned 218,246 shares of the company’s stock, valued at $19,899,670.28. The trade was a 19.03% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TTD. Wells Fargo & Company set a $53.00 price target on Trade Desk and gave the company an “equal weight” rating in a research note on Monday. Arete Research raised Trade Desk to a “strong sell” rating in a research note on Monday, July 28th. Guggenheim set a $55.00 price target on Trade Desk and gave the company a “buy” rating in a research note on Monday, September 29th. BTIG Research lowered Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $84.00 price target on shares of Trade Desk in a research note on Monday, September 8th. Twenty-one 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 company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.