The Trade Desk $TTD Shares Acquired by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC increased its position in shares of The Trade Desk (NASDAQ:TTD) by 54.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 84,512 shares of the technology company’s stock after buying an additional 29,947 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Trade Desk were worth $3,208,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake 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 purchasing an additional 169 shares during the last quarter. Bison Wealth LLC raised its holdings in 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 buying an additional 485 shares during the period. Woodline Partners LP lifted its position in Trade Desk by 75.5% in the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock valued at $289,000 after buying an additional 2,269 shares during the last quarter. Prudential Financial Inc. boosted its stake in Trade Desk by 50.7% during the second quarter. Prudential Financial Inc. now owns 26,093 shares of the technology company’s stock worth $1,878,000 after buying an additional 8,783 shares during the period. Finally, M&T Bank Corp boosted its stake in Trade Desk by 0.7% during the second quarter. M&T Bank Corp now owns 27,607 shares of the technology company’s stock worth $1,987,000 after buying an additional 194 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Price Performance

Trade Desk stock opened at $22.05 on Friday. The Trade Desk has a 52-week low of $21.03 and a 52-week high of $91.45. The firm has a market cap of $10.50 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 0.87 and a beta of 1.18. The company’s 50 day moving average is $25.93 and its two-hundred day moving average is $37.11.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. The business had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The company’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.59 earnings per share. On average, equities research analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has approved a share buyback program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in shares. This buyback authorization authorizes the technology company to purchase up to 2.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the company’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the sale, the director owned 1,946 shares in the company, valued at $59,255.70. This represents a 98.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 10.00% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on TTD. Piper Sandler reissued a “neutral” rating and issued a $28.00 price target (down from $50.00) on shares of Trade Desk in a research note on Monday, March 2nd. Truist Financial dropped their target price on shares of Trade Desk from $60.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Wells Fargo & Company cut their target price on Trade Desk from $42.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Thursday, February 26th. Guggenheim restated a “buy” rating and set a $50.00 price target (down from $55.00) on shares of Trade Desk in a research note on Monday, January 5th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $45.00 price objective (down from $60.00) on shares of Trade Desk in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Trade Desk currently has an average rating of “Hold” and an average price target of $41.94.

Trade Desk 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.