The Trade Desk $TTD Shares Sold by Interchange Capital Partners LLC

Interchange Capital Partners LLC trimmed its position in The Trade Desk (NASDAQ:TTD) by 24.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,354 shares of the technology company’s stock after selling 1,436 shares during the period. Interchange Capital Partners LLC’s holdings in Trade Desk were worth $313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in TTD. Brighton Jones LLC increased its position in shares of Trade Desk by 3.8% in the 4th 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 during the period. Bison Wealth LLC increased its position in shares of Trade Desk by 24.3% in the 4th 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 during the period. Bessemer Group Inc. increased its position in shares of Trade Desk by 59.3% in the 1st 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 during the period. Perigon Wealth Management LLC increased its position in shares of Trade Desk by 133.0% in the 1st 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 during the period. Finally, Transcend Capital Advisors LLC increased its position in shares of Trade Desk by 59.1% in the 1st 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 during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

Trade Desk Stock Down 3.9%

NASDAQ:TTD opened at $52.00 on Monday. 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 $25.42 billion, a PE ratio of 62.65, a price-to-earnings-growth ratio of 2.78 and a beta of 1.38. The stock’s 50-day moving average price is $50.71 and its 200-day moving average price is $62.79.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, August 7th. The technology company reported $0.18 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 for the quarter, compared to analyst estimates of $686.00 million. During the same quarter last year, the business earned $0.39 earnings per share. Trade Desk’s revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. Sell-side analysts expect that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Insider Transactions at Trade Desk

In related news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction dated 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 in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction dated 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 approximately $242,687. The trade was 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TTD shares. Royal Bank Of Canada cut their price target on Trade Desk from $100.00 to $90.00 and set an “outperform” rating on the stock in a research report on Friday, August 8th. Bank of America reaffirmed an “underperform” rating and set a $55.00 price target (down from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Rosenblatt Securities reaffirmed a “buy” rating on shares of Trade Desk in a research report on Friday, August 8th. 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, October 6th. Finally, Stifel Nicolaus cut their price target 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. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.