Kingswood Wealth Advisors LLC Sells 192 Shares of The Trade Desk $TTD

Kingswood Wealth Advisors LLC cut its holdings in shares of The Trade Desk (NASDAQ:TTD) by 3.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,975 shares of the technology company’s stock after selling 192 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Trade Desk were worth $430,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TTD. Banque Cantonale Vaudoise purchased a new stake in Trade Desk during the first quarter valued at approximately $26,000. Sound Income Strategies LLC lifted its position in Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock valued at $26,000 after acquiring an additional 270 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in Trade Desk during the first quarter valued at approximately $27,000. von Borstel & Associates Inc. purchased a new stake in Trade Desk during the first quarter valued at approximately $31,000. Finally, West Oak Capital LLC lifted its position in Trade Desk by 466.7% during the second quarter. West Oak Capital LLC now owns 425 shares of the technology company’s stock valued at $31,000 after acquiring an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TTD shares. Moffett Nathanson cut shares of Trade Desk from a “neutral” rating to a “sell” rating and set a $45.00 price target for the company. in a report on Friday, August 8th. JMP Securities set a $60.00 price target on shares of Trade Desk and gave the stock a “market outperform” rating in a report on Tuesday, September 30th. Scotiabank decreased their price target on shares of Trade Desk from $83.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, August 8th. HSBC reaffirmed a “hold” rating and issued a $56.00 price target on shares of Trade Desk in a report on Monday, August 11th. Finally, Royal Bank Of Canada decreased their price target on shares of Trade Desk from $100.00 to $90.00 and set an “outperform” rating for the company in a report on Friday, August 8th. Twenty-one research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.48.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $52.36 on Friday. The firm has a fifty day moving average price of $53.78 and a 200 day moving average price of $62.66. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The stock has a market cap of $25.60 billion, a PE ratio of 63.09, a price-to-earnings-growth ratio of 2.89 and a beta of 1.38.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.24). The business had revenue of $694.04 million for the quarter, compared to analysts’ expectations of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The company’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the business earned $0.39 EPS. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts expect that The Trade Desk will post 1.06 EPS for the current year.

Insider Buying and Selling at Trade Desk

In related news, insider Jay R. Grant sold 51,290 shares of the firm’s stock in a transaction on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the sale, the insider owned 218,246 shares in the company, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $48.20, for a total transaction of $67,624.60. Following the sale, the director owned 5,035 shares in the company, valued at approximately $242,687. This represents a 21.79% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

About Trade Desk

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.