New York State Teachers Retirement System Takes $14.42 Million Position in The Trade Desk $TTD

New York State Teachers Retirement System purchased a new position in shares of The Trade Desk (NASDAQ:TTD – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 294,122 shares of the technology company’s stock, valued at approximately $14,415,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sachetta LLC boosted its position in shares of Trade Desk by 25.3% in the third quarter. Sachetta LLC now owns 1,803 shares of the technology company’s stock worth $88,000 after acquiring an additional 364 shares during the last quarter. World Equity Group Inc. increased its holdings in Trade Desk by 257.9% in the third quarter. World Equity Group Inc. now owns 12,069 shares of the technology company’s stock valued at $592,000 after buying an additional 8,697 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Trade Desk by 24.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 55,423 shares of the technology company’s stock worth $2,716,000 after purchasing an additional 10,964 shares during the period. Kesler Norman & Wride LLC acquired a new position in Trade Desk during the 3rd quarter valued at approximately $522,000. Finally, Oregon Public Employees Retirement Fund bought a new stake in shares of Trade Desk during the third quarter valued at approximately $2,496,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Key Stories Impacting Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: A top analyst has ended a prior bearish stance and several pieces argue the brutal 2025 selloff may be bottoming, which supports a recovery narrative for TTD. Trade Desk’s stock has never been this cheap, and its brutal selloff might finally be over MSN coverage
• Positive Sentiment: TTD appears on several buy/long-term lists (Fool articles), which can attract retail and model-driven inflows if investors treat the pullback as a buying opportunity. 3 No-Brainer Stocks to Buy With $1,000 Right Now 2 Tech Stocks You Can Buy and Hold for the Next Decade
• Neutral Sentiment: Reported short-interest data in January shows an odd/zero figure in the public release (no meaningful days-to-cover), so there’s no clear evidence of a concentrated short squeeze or relief buying catalyst from short covering at present.
• Neutral Sentiment: Industry commentary highlights structural challenges in ad tech (transparency, strategy), which could weigh on sector sentiment but doesn’t single out an immediate company-specific catalyst for TTD. Ad Tech Doesn’t Just Have A Transparency Problem. It Has A Courage Problem
• Negative Sentiment: Morgan Stanley lowered its price target on TTD from $50 to $42 and set an “equal weight” rating — this reduces some buy-side conviction and may pressure momentum/quant models that track analyst target changes. Benzinga summary
• Negative Sentiment: Coverage notes the recent 5-day losing streak (≈8% decline) and roughly $1.6B market-cap loss, reinforcing negative momentum and possibly triggering stop-losses or shorter-term rebalancing outflows. Why Is The Trade Desk Stock Falling?

Wall Street Analyst Weigh In

Several analysts have issued reports on TTD shares. Weiss Ratings restated a “hold (c-)” rating on shares of Trade Desk in a report on Monday, December 29th. Jefferies Financial Group set a $40.00 price objective on Trade Desk and gave the stock a “hold” rating in a research report on Thursday, December 11th. Zacks Research raised shares of Trade Desk from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Royal Bank Of Canada set a $80.00 price objective on shares of Trade Desk and gave the company an “outperform” rating in a research report on Friday, November 7th. Finally, Citigroup reissued an “outperform” rating on shares of Trade Desk in a research note on Tuesday, September 30th. Twenty-one equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Trade Desk currently has an average rating of “Moderate Buy” and a consensus target price of $69.34.

Check Out Our Latest Stock Report on TTD

Trade Desk Stock Performance

Trade Desk stock opened at $37.14 on Wednesday. The stock has a fifty day moving average of $39.35 and a 200-day moving average of $52.95. The stock has a market capitalization of $17.96 billion, a P/E ratio of 42.69, a price-to-earnings-growth ratio of 1.45 and a beta of 1.11. The Trade Desk has a 52 week low of $35.65 and a 52 week high of $126.20.

Trade Desk (NASDAQ:TTD – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.01. Trade Desk had a return on equity of 16.00% and a net margin of 15.72%.The firm had revenue of $739.43 million during the quarter, compared to the consensus estimate of $719.11 million. During the same period last year, the business posted $0.41 EPS. The business’s revenue was up 17.7% compared to the same quarter last year. On average, research analysts forecast that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its board has initiated a stock repurchase program on Thursday, November 6th that authorizes the company to buyback $500.00 million in outstanding shares. This buyback authorization authorizes the technology company to purchase up to 2.1% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Trade Desk Profile

(Free Report)

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.

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