Riverbridge Partners LLC Reduces Stake in The Trade Desk $TTD

2026-03-27 06:38:45 ET

Riverbridge Partners LLC reduced its stake in shares of The Trade Desk ( NASDAQ:TTD – Free Report ) by 29.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 223,103 shares of the technology company’s stock after selling 94,703 shares during the quarter. Riverbridge Partners LLC’s holdings in Trade Desk were worth $8,469,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Transce3nd LLC bought a new stake in shares of Trade Desk in the 2nd quarter valued at approximately $28,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Trade Desk during the 2nd quarter valued at approximately $28,000. Estabrook Capital Management bought a new position in shares of Trade Desk during the 2nd quarter valued at approximately $36,000. Family Legacy Financial Solutions LLC raised its holdings in Trade Desk by 163.2% during the 3rd quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company’s stock valued at $25,000 after buying an additional 310 shares during the period. Finally, Versant Capital Management Inc raised its holdings in Trade Desk by 175.8% during the 3rd quarter. Versant Capital Management Inc now owns 524 shares of the technology company’s stock valued at $26,000 after buying an additional 334 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Trade Desk

In related news, Director Kathryn E. Falberg sold 102,828 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.45, for a total value of $3,131,112.60. Following the transaction, the director owned 1,946 shares of the company’s stock, valued at $59,255.70. This represents a 98.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . 10.00% of the stock is currently owned by company insiders.

Trade Desk Stock Down 1.0%

Shares of Trade Desk stock opened at $21.74 on Friday. The stock’s fifty day moving average is $27.56 and its two-hundred day moving average is $38.24. The Trade Desk has a 52 week low of $21.08 and a 52 week high of $91.45. The company has a market capitalization of $10.35 billion, a PE ratio of 24.16, a price-to-earnings-growth ratio of 0.87 and a beta of 1.13.

Trade Desk ( NASDAQ:TTD – Get Free Report ) last released its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. The company had revenue of $846.79 million during the quarter, compared to analysts’ expectations of $840.56 million. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The firm’s quarterly revenue was up 14.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.59 EPS. As a group, research analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its board has initiated a share repurchase program on Wednesday, February 25th that permits the company to buyback $350.00 million in outstanding shares. This buyback authorization permits the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

More Trade Desk News

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

• Positive Sentiment: Needham reaffirmed a Buy and set a $32 price target, signaling analyst conviction in multi?quarter upside despite the pullback. Needham Reiterates Buy Rating for Trade Desk (TTD)
• Positive Sentiment: The company appointed Drew Vollero to the board — a hire marketed as adding financial and scaling experience that could reassure investors on governance and strategy execution. The Trade Desk Appoints Drew Vollero to Board of Directors
• Neutral Sentiment: Industry coverage questions the long?term strength of CTV brand attraction for platforms like TTD — a structural debate that could matter for medium?term ad mix and monetization but is not an immediate accounting event. Trade Desk Concerns: Does CTV Brand Attraction Have A Strong Foundation?
• Negative Sentiment: Analysts and market pieces point to the company’s guidance miss and decelerating revenue growth (2025 revenue $2.9B; Q1 guide ~10% YoY) as the primary reason for the steep re?rating. That growth slowdown is the main near?term valuation risk. What’s Really Happening To The Trade Desk Stock?
• Negative Sentiment: The unexpected resignation of CFO Alexander Kayyal raises questions about financial leadership and timing amid weak guidance and competitive pressure. Investors often react negatively to mid?cycle CFO departures. Trade Desk CFO Exit Tests Valuation Confidence Under Amazon Competition
• Negative Sentiment: Nasdaq flagged the company amid a board reshuffle after several director resignations — a regulatory/filing noise item that can add short?term uncertainty until resolved. Trade Desk Faces Nasdaq Notice Amid Board Reshuffle
• Negative Sentiment: Client/audit headlines — including reports of an Omnicom audit and related client concerns — are exacerbating the selloff because they could presage deeper commercial or reconciliation issues. Trade Desk Faces New Audit, This Time By Omnicom
• Negative Sentiment: Separately, a report that Anthropic’s Claude can control computers triggered negative headlines tying AI developments to short?term volatility in ad tech stocks, adding to intraday downward pressure. Why The Trade Desk (TTD) Shares Are Sliding Today

Analyst Ratings Changes

Several research firms have commented on TTD. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $22.00 price objective on shares of Trade Desk in a research note on Thursday, February 26th. Rosenblatt Securities reissued a “neutral” rating and issued a $25.00 target price (down from $36.00) on shares of Trade Desk in a research note on Wednesday, March 18th. Citigroup lowered their target price on shares of Trade Desk from $50.00 to $38.00 and set a “neutral” rating for the company in a report on Tuesday, January 27th. Wolfe Research reaffirmed an “outperform” rating and set a $45.00 price target (down from $60.00) on shares of Trade Desk in a research note on Monday, January 5th. Finally, Evercore reiterated an “outperform” rating on shares of Trade Desk in a report on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eighteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Trade Desk has an average rating of “Hold” and an average target price of $41.94.

Check Out Our Latest Stock Analysis on Trade Desk

Trade Desk Company 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.

Further Reading

• Five stocks we like better than Trade Desk

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