Schroder Investment Management Group Has $64.44 Million Holdings in The Trade Desk $TTD

by · The Cerbat Gem

Schroder Investment Management Group boosted its holdings in shares of The Trade Desk (NASDAQ:TTD – Free Report) by 56.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 895,150 shares of the technology company’s stock after purchasing an additional 324,173 shares during the period. Schroder Investment Management Group’s holdings in Trade Desk were worth $64,442,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sound Income Strategies LLC increased its stake in shares of Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after buying an additional 270 shares in the last quarter. West Oak Capital LLC increased its holdings in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock worth $31,000 after buying an additional 350 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Trade Desk during the 1st quarter worth about $26,000. HighMark Wealth Management LLC raised its stake in Trade Desk by 46.2% in the second quarter. HighMark Wealth Management LLC now owns 478 shares of the technology company’s stock valued at $34,000 after buying an additional 151 shares during the period. Finally, Vermillion Wealth Management Inc. raised its stake in Trade Desk by 400.0% in the 2nd quarter. Vermillion Wealth Management Inc. now owns 500 shares of the technology company’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TTD. Moffett Nathanson downgraded Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 target price for the company. in a research report on Friday, August 8th. Evercore ISI reduced their price objective on shares of Trade Desk from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. BMO Capital Markets dropped their target price on shares of Trade Desk from $115.00 to $98.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. HSBC reaffirmed a “hold” rating and set a $56.00 price target on shares of Trade Desk in a report on Monday, August 11th. Finally, UBS Group reissued a “buy” rating and issued a $82.00 price objective (up from $80.00) on shares of Trade Desk in a research note on Friday, November 7th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $77.19.

Get Our Latest Stock Report on TTD

Insider Activity at Trade Desk

In other news, Director Andrea Lee Cunningham sold 1,403 shares of the business’s stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director directly owned 5,035 shares in the company, valued at approximately $242,687. The trade was a 21.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 10.00% of the company’s stock.

Trade Desk Stock Performance

Shares of NASDAQ:TTD opened at $39.59 on Monday. The Trade Desk has a 52-week low of $38.22 and a 52-week high of $141.53. The company has a market capitalization of $19.14 billion, a PE ratio of 45.50, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a fifty day moving average of $47.38 and a 200-day moving average of $60.69.

Trade Desk (NASDAQ:TTD – Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The company had revenue of $739.43 million for the quarter, compared to the consensus estimate of $719.11 million. During the same quarter last year, the business posted $0.41 EPS. Trade Desk’s revenue for the quarter was up 17.7% on a year-over-year basis. Trade Desk has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that The Trade Desk will post 1.06 EPS for the current fiscal year.

Trade Desk declared that its Board of Directors has initiated a share repurchase plan on Thursday, November 6th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the technology company to buy up to 2.1% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

About Trade Desk

(Free Report)

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.

See Also

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