26,458 Shares in The Trade Desk $TTD Purchased by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd acquired a new position in shares of The Trade Desk (NASDAQ:TTD) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 26,458 shares of the technology company’s stock, valued at approximately $1,004,000.

A number of other large investors have also added to or reduced their stakes in TTD. Brighton Jones LLC increased its holdings in Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after buying an additional 169 shares during the last quarter. Bison Wealth LLC increased its holdings in Trade Desk by 24.3% during the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock worth $291,000 after buying an additional 485 shares during the last quarter. Woodline Partners LP increased its holdings in Trade Desk by 75.5% during the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after buying an additional 2,269 shares during the last quarter. Cerity Partners LLC increased its holdings in Trade Desk by 46.6% during the second quarter. Cerity Partners LLC now owns 59,785 shares of the technology company’s stock worth $4,304,000 after buying an additional 19,015 shares during the last quarter. Finally, AXA S.A. increased its holdings in Trade Desk by 14.7% during the second quarter. AXA S.A. now owns 42,819 shares of the technology company’s stock worth $3,083,000 after buying an additional 5,487 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Analyst Ratings Changes

TTD has been the subject of a number of research analyst reports. Oppenheimer downgraded shares of Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. Needham & Company LLC reduced their target price on shares of Trade Desk from $32.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Loop Capital downgraded shares of Trade Desk from a “buy” rating to a “hold” rating and reduced their target price for the stock from $75.00 to $25.00 in a research note on Thursday, February 26th. HSBC downgraded shares of Trade Desk from a “buy” rating to a “reduce” rating and set a $20.00 target price for the company. in a research note on Monday, May 11th. Finally, Wells Fargo & Company set a $20.00 target price on shares of Trade Desk and gave the stock an “equal weight” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.91.

Insider Buying and Selling

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

Trade Desk Trading Down 0.1%

Shares of NASDAQ:TTD opened at $19.27 on Tuesday. The company has a 50 day moving average of $21.74 and a 200 day moving average of $28.07. The stock has a market cap of $9.06 billion, a P/E ratio of 21.90, a P/E/G ratio of 0.93 and a beta of 1.05. The Trade Desk has a 12 month low of $18.31 and a 12 month high of $91.45.

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

Trade Desk declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 25th that permits the company to buyback $350.00 million in shares. This buyback authorization permits the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

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.