Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Position in The Trade Desk $TTD

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of The Trade Desk (NASDAQ:TTD) by 66.5% during the first quarter, HoldingsChannel reports. The institutional investor owned 128,672 shares of the technology company’s stock after acquiring an additional 51,400 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Trade Desk were worth $2,920,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Elevation Wealth Partners LLC increased its position in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after acquiring an additional 691 shares in the last quarter. Albion Financial Group UT purchased a new stake in Trade Desk during the 4th quarter worth $30,000. Root Financial Partners LLC boosted its position in Trade Desk by 219.4% during the 1st quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock worth $30,000 after purchasing an additional 906 shares during the period. CVA Family Office LLC increased its holdings in Trade Desk by 62.1% in the 4th quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after purchasing an additional 344 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new stake in Trade Desk in the 4th quarter valued at $35,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TTD shares. Evercore set a $27.00 price objective on Trade Desk in a research note on Friday, May 8th. Arete Research set a $11.60 target price on Trade Desk and gave the company a “sell” rating in a report on Tuesday, June 30th. William Blair lowered Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Wells Fargo & Company set a $20.00 price target on Trade Desk and gave the stock an “equal weight” rating in a report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Trade Desk from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have issued a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, Trade Desk currently has a consensus rating of “Hold” and a consensus price target of $33.52.

Insider Buying and Selling

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the firm’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 completion of the transaction, the director directly owned 13,099 shares of the company’s stock, valued at $276,912.86. This trade represents a 80.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.41% of the stock is owned by company insiders.

Trade Desk Stock Performance

NASDAQ:TTD opened at $19.31 on Tuesday. The Trade Desk has a one year low of $16.98 and a one year high of $91.45. The business’s 50-day simple moving average is $20.69 and its 200 day simple moving average is $25.94. The stock has a market cap of $9.08 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 0.92 and a beta of 1.04.

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

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.