Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its stake in The Trade Desk (NASDAQ:TTD – Free Report) by 23.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,472 shares of the technology company’s stock after selling 23,700 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Trade Desk were worth $3,748,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the stock. Family Legacy Financial Solutions LLC increased its holdings in shares of Trade Desk by 163.2% in the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after purchasing an additional 310 shares during the period. Sound Income Strategies LLC boosted its position 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 buying an additional 270 shares during the last quarter. Versant Capital Management Inc increased its holdings in Trade Desk by 175.8% in the 3rd quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock worth $26,000 after buying an additional 334 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in Trade Desk during the 2nd quarter worth approximately $28,000. Finally, Transce3nd LLC acquired a new stake in Trade Desk during the 2nd quarter valued at approximately $28,000. 67.77% of the stock is owned by hedge funds and other institutional investors.
Trade Desk Stock Down 2.1%
NASDAQ:TTD opened at $35.48 on Monday. The Trade Desk has a 52 week low of $35.23 and a 52 week high of $126.20. The stock has a market capitalization of $17.16 billion, a PE ratio of 40.78, a price-to-earnings-growth ratio of 1.39 and a beta of 1.11. The stock’s 50-day moving average price is $38.80 and its 200-day moving average price is $52.17.
Trade Desk declared that its board has authorized a share buyback program on Thursday, November 6th that authorizes the company to buyback $500.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 2.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.
Wall Street Analysts Forecast Growth
TTD has been the topic of a number of research reports. Truist Financial cut their price objective on shares of Trade Desk from $100.00 to $85.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. BNP Paribas Exane initiated coverage on Trade Desk in a research report on Wednesday, January 14th. They set a “neutral” rating and a $40.00 price target on the stock. Wall Street Zen upgraded Trade Desk from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. DA Davidson decreased their price objective on Trade Desk from $80.00 to $54.00 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Zacks Research raised Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $67.62.
View Our Latest Stock Report on TTD
Key Stories Impacting Trade Desk
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: Stifel reaffirmed The Trade Desk as a sector favorite, which supports the view that some brokers still see TTD as relatively well-positioned in ad tech and could limit downside if ad demand stabilizes. Stifel Reaffirms The Trade Desk, Inc. (TTD) as Sector Favorite Amid Market Volatility
- Positive Sentiment: BNP Paribas moved the stock to a “hold” (reported as an upgrade to hold), signaling some stabilization in broker views versus earlier weaker stances. That can reduce selling pressure compared with outright downgrades. Zacks / Tickerreport coverage noting BNP upgrade
- Neutral Sentiment: Citi reiterated its hold rating on TTD — a neutral stance that maintains analyst coverage but is unlikely to drive positive momentum on its own. Citi Reaffirms Their Hold Rating on Trade Desk (TTD)
- Neutral Sentiment: BNP Paribas Exane initiated coverage on TTD (coverage starts add visibility and model updates; impact depends on the firm’s targets/commentary). Trade Desk (NASDAQ:TTD) Coverage Initiated at BNP Paribas Exane
- Negative Sentiment: Shares hit a fresh 52-week low, a clear technical negative that can trigger momentum selling and reduce investor confidence until clearer signs of ad-spend recovery emerge. The Trade Desk stock hits 52-week low at $35.65
- Negative Sentiment: Morgan Stanley lowered expectations for TTD’s stock price, which can weigh on sentiment and prompt re-rating if other brokers follow. Morgan Stanley Has Lowered Expectations for Trade Desk (NASDAQ:TTD) Stock Price
- Negative Sentiment: Coverage highlighting recent session drops and momentum weakness underscores near-term selling pressure even though the company recently beat revenue and EPS estimates; investors remain focused on guidance and ad-market signals. The Trade Desk (TTD) Stock Drops Despite Market Gains: Important Facts to Note
Trade Desk Company Profile
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.
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