Bank of Jackson Hole Trust Sells 807 Shares of The Trade Desk $TTD

Bank of Jackson Hole Trust lowered its position in The Trade Desk (NASDAQ:TTD) by 24.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,495 shares of the technology company’s stock after selling 807 shares during the period. Bank of Jackson Hole Trust’s holdings in Trade Desk were worth $180,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Jennison Associates LLC raised its stake in shares of Trade Desk by 17.9% in the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock valued at $1,027,114,000 after acquiring an additional 2,169,252 shares during the last quarter. Motley Fool Wealth Management LLC bought a new position in shares of Trade Desk in the second quarter valued at approximately $378,000. Motley Fool Asset Management LLC raised its stake in shares of Trade Desk by 8.6% in the second quarter. Motley Fool Asset Management LLC now owns 29,292 shares of the technology company’s stock valued at $2,109,000 after acquiring an additional 2,321 shares during the last quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in shares of Trade Desk by 187.7% in the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 33,096 shares of the technology company’s stock valued at $2,383,000 after acquiring an additional 21,592 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Trade Desk by 9.2% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 100,172 shares of the technology company’s stock valued at $7,211,000 after acquiring an additional 8,400 shares during the last quarter. Institutional investors own 67.77% of the company’s stock.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $51.67 on Wednesday. The firm has a market cap of $25.26 billion, a P/E ratio of 62.25, a P/E/G ratio of 2.86 and a beta of 1.38. The firm has a 50 day simple moving average of $50.66 and a 200 day simple moving average of $62.80. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53.

Trade Desk (NASDAQ:TTD) last released 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 return on equity of 15.19% and a net margin of 15.57%.The business had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. During the same period in the prior year, the firm posted $0.39 EPS. Trade Desk’s revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, sell-side analysts expect that The Trade Desk will post 1.06 EPS for the current year.

Insiders Place Their Bets

In other Trade Desk news, insider Jay R. Grant sold 51,290 shares of Trade Desk stock in a transaction on 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 completion of the sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of Trade Desk stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director directly owned 5,035 shares of the company’s stock, valued at $242,687. This represents a 21.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 10.00% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Moffett Nathanson cut shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 target price for the company. in a research note on Friday, August 8th. Wall Street Zen cut shares of Trade Desk from a “hold” rating to a “sell” rating in a research note on Monday, September 1st. BTIG Research cut shares of Trade Desk from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. Zacks Research lowered shares of Trade Desk from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Finally, Jefferies Financial Group lowered shares of Trade Desk from a “buy” rating to a “hold” rating and lowered their price target for the company from $100.00 to $50.00 in a report on Monday, August 11th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $84.48.

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.