Swiss National Bank Has $29.32 Million Holdings in The Trade Desk $TTD

Swiss National Bank lifted its stake in shares of The Trade Desk (NASDAQ:TTD – Free Report) by 5.8% in the 1st quarter, Holdings Channel reports. The fund owned 1,292,200 shares of the technology company’s stock after acquiring an additional 71,200 shares during the quarter. Swiss National Bank’s holdings in Trade Desk were worth $29,320,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Binnacle Investments Inc bought a new position in Trade Desk during the 3rd quarter worth about $37,000. Albion Financial Group UT bought a new stake in shares of Trade Desk in the fourth quarter valued at about $30,000. CVA Family Office LLC lifted its holdings in shares of Trade Desk by 62.1% in the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after purchasing an additional 344 shares in the last quarter. Bayforest Capital Ltd acquired a new position in shares of Trade Desk during the fourth quarter worth about $35,000. Finally, Quarry LP acquired a new position in shares of Trade Desk during the fourth quarter worth about $37,000. 67.77% of the stock is owned by institutional investors.

Get Trade Desk alerts:

Insider Buying and Selling at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the sale, the director owned 13,099 shares in the company, valued at approximately $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.41% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Piper Sandler reiterated a “neutral” rating and set a $24.00 price objective on shares of Trade Desk in a report on Friday, May 8th. KeyCorp downgraded Trade Desk from an “overweight” rating to a “sector weight” rating in a research report on Friday, May 8th. Royal Bank Of Canada set a $33.00 price target on shares of Trade Desk and gave the stock an “outperform” rating in a research note on Friday, May 8th. Weiss Ratings downgraded shares of Trade Desk from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, June 16th. Finally, UBS Group set a $28.00 price objective on shares of Trade Desk and gave the company a “buy” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $33.43.

Check Out Our Latest Research Report on Trade Desk

Trade Desk Stock Performance

Trade Desk stock opened at $16.79 on Friday. The stock has a 50-day simple moving average of $19.64 and a 200 day simple moving average of $24.20. The stock has a market capitalization of $7.89 billion, a P/E ratio of 19.08, a PEG ratio of 0.85 and a beta of 1.04. The Trade Desk has a 52 week low of $16.70 and a 52 week high of $91.45.

Trade Desk (NASDAQ:TTD – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.24). Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The business had revenue of $688.86 million during the quarter, compared to the consensus estimate of $678.87 million. During the same quarter in the prior year, the company earned $0.33 EPS. Trade Desk’s quarterly revenue was up 11.8% on a year-over-year basis. Research analysts forecast that The Trade Desk will post 1.17 earnings per share for the current year.

About Trade Desk

(Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.

Featured Articles

• Five stocks we like better than Trade Desk
• Premium Retail’s Stress Test Is Separating Winners From Losers
• D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
• GE Vernova Just Sent a Mixed AI Signal to Investors
• Alphabet Crushed Earnings, But One Number Spooked the Market

Want to see what other hedge funds are holding TTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Trade Desk (NASDAQ:TTD – Free Report).

Receive News & Ratings for Trade Desk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trade Desk and related companies with MarketBeat.com's FREE daily email newsletter.