The Trade Desk $TTD Shares Sold by Ashford Capital Management Inc.

Ashford Capital Management Inc. trimmed its holdings in The Trade Desk (NASDAQ:TTD) by 35.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,876 shares of the technology company’s stock after selling 62,353 shares during the quarter. Ashford Capital Management Inc.’s holdings in Trade Desk were worth $4,361,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Elevation Wealth Partners LLC increased its holdings in shares of Trade Desk by 2,382.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after acquiring an additional 691 shares during the period. Binnacle Investments Inc acquired a new position in shares of Trade Desk in the 3rd quarter valued at $37,000. Y.D. More Investments Ltd increased its holdings in shares of Trade Desk by 92.3% in the 3rd quarter. Y.D. More Investments Ltd now owns 769 shares of the technology company’s stock valued at $38,000 after acquiring an additional 369 shares during the period. Albion Financial Group UT acquired a new position in shares of Trade Desk in the 4th quarter valued at $30,000. Finally, Caitlin John LLC acquired a new position in shares of Trade Desk in the 3rd quarter valued at $41,000. 67.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TTD has been the topic of a number of recent research reports. UBS Group set a $31.00 target price on shares of Trade Desk and gave the company a “buy” rating in a report on Tuesday, April 21st. New Street Research cut shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 target price on the stock. in a report on Thursday, February 26th. Scotiabank set a $20.00 target price on shares of Trade Desk in a report on Monday, May 11th. Evercore set a $27.00 target price on shares of Trade Desk in a report on Friday, May 8th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $24.00 target price on shares of Trade Desk in a report 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 assigned a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $33.91.

Insider Activity at Trade Desk

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the business’s stock in a transaction 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 sale, the director directly owned 13,099 shares in the company, valued at approximately $276,912.86. The trade was a 80.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 11.41% of the company’s stock.

Trade Desk Stock Performance

Shares of NASDAQ TTD opened at $18.96 on Wednesday. The firm has a market capitalization of $8.91 billion, a P/E ratio of 21.55, a PEG ratio of 0.93 and a beta of 1.05. The Trade Desk has a one year low of $18.31 and a one year high of $91.45. The company’s fifty day moving average is $21.68 and its two-hundred day moving average is $27.93.

Trade Desk (NASDAQ:TTD) last issued its earnings results 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 company had revenue of $688.86 million for the quarter, compared to analysts’ expectations of $678.87 million. Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.Trade Desk’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.33 earnings per share. On average, sell-side analysts forecast that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board 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.