Universal Beteiligungs und Servicegesellschaft mbH Has $12.39 Million Holdings in The Trade Desk $TTD

Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in shares of The Trade Desk (NASDAQ:TTD) by 34.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 252,729 shares of the technology company’s stock after selling 130,960 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.05% of Trade Desk worth $12,386,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. raised its position in Trade Desk by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company’s stock worth $3,207,504,000 after purchasing an additional 317,107 shares during the last quarter. Jennison Associates LLC raised its position in shares of Trade Desk by 17.9% during the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company’s stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company’s stock valued at $884,860,000 after acquiring an additional 4,218,975 shares during the period. Brown Advisory Inc. lifted its stake in shares of Trade Desk by 2.7% during the second quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock valued at $599,212,000 after acquiring an additional 221,228 shares during the period. Finally, Invesco Ltd. boosted its holdings in Trade Desk by 22.4% in the second quarter. Invesco Ltd. now owns 3,386,897 shares of the technology company’s stock valued at $243,823,000 after acquiring an additional 618,787 shares during the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Stock Down 0.7%

Shares of NASDAQ TTD opened at $36.55 on Friday. The Trade Desk has a twelve month low of $34.00 and a twelve month high of $125.80. The stock has a market cap of $17.68 billion, a price-to-earnings ratio of 42.01, a P/E/G ratio of 1.43 and a beta of 1.11. The company’s fifty day moving average is $38.04 and its 200-day moving average is $50.98.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $739.43 million during the quarter, compared to analysts’ expectations of $719.11 million. Trade Desk had a net margin of 15.72% and a return on equity of 16.00%. The firm’s quarterly revenue was up 17.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.41 EPS. On average, research analysts anticipate that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk announced that its board has initiated a share repurchase program on Thursday, November 6th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the technology company to repurchase up to 2.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TTD shares. Citigroup downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday. Moffett Nathanson upgraded shares of Trade Desk from a “sell” rating to a “neutral” rating and set a $39.00 price objective on the stock in a report on Monday, January 12th. Guggenheim reaffirmed a “buy” rating and issued a $50.00 price objective (down from $55.00) on shares of Trade Desk in a research note on Monday, January 5th. Wedbush dropped their target price on shares of Trade Desk from $50.00 to $40.00 and set a “neutral” rating for the company in a research report on Monday, December 8th. Finally, UBS Group reissued a “buy” rating and issued a $50.00 price target (down previously from $82.00) on shares of Trade Desk in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $67.76.

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.