Trade Desk Inc (NASDAQ:TTD) insider Brian John Stempeck sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $49.59, for a total value of $495,900.00. Following the completion of the sale, the insider now owns 44,550 shares of the company’s stock, valued at approximately $2,209,234.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Brian John Stempeck also recently made the following trade(s):

  • On Thursday, November 16th, Brian John Stempeck sold 10,000 shares of Trade Desk stock. The stock was sold at an average price of $48.78, for a total value of $487,800.00.
  • On Monday, October 16th, Brian John Stempeck sold 10,000 shares of Trade Desk stock. The stock was sold at an average price of $64.18, for a total value of $641,800.00.

Shares of Trade Desk Inc (NASDAQ:TTD) opened at $49.59 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.56 and a quick ratio of 1.56. Trade Desk Inc has a 12-month low of $26.40 and a 12-month high of $67.30. The firm has a market capitalization of $2,010.16, a P/E ratio of 47.06 and a beta of 5.19.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.15. The firm had revenue of $79.40 million during the quarter, compared to the consensus estimate of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The business’s revenue was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.24 earnings per share. equities research analysts forecast that Trade Desk Inc will post 1.28 EPS for the current fiscal year.

A number of research firms recently weighed in on TTD. Wells Fargo & Company began coverage on Trade Desk in a research report on Wednesday. They issued an “outperform” rating and a $60.00 target price for the company. Royal Bank of Canada restated an “outperform” rating and issued a $65.00 target price on shares of Trade Desk in a research report on Monday, October 2nd. BidaskClub downgraded Trade Desk from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Cantor Fitzgerald restated a “buy” rating and issued a $62.00 target price on shares of Trade Desk in a research report on Thursday, September 21st. Finally, JMP Securities started coverage on Trade Desk in a research report on Monday, October 2nd. They issued an “outperform” rating and a $70.00 target price for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $66.48.

Several institutional investors have recently made changes to their positions in TTD. TIAA CREF Investment Management LLC raised its holdings in shares of Trade Desk by 18.1% during the first quarter. TIAA CREF Investment Management LLC now owns 19,822 shares of the technology company’s stock valued at $738,000 after acquiring an additional 3,033 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Trade Desk by 56.3% during the first quarter. Geode Capital Management LLC now owns 85,761 shares of the technology company’s stock valued at $3,194,000 after acquiring an additional 30,879 shares in the last quarter. Russell Investments Group Ltd. bought a new position in shares of Trade Desk during the second quarter valued at approximately $401,000. Strs Ohio raised its holdings in shares of Trade Desk by 100.0% during the second quarter. Strs Ohio now owns 6,800 shares of the technology company’s stock valued at $340,000 after acquiring an additional 3,400 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. raised its holdings in shares of Trade Desk by 232.2% during the second quarter. Schwab Charles Investment Management Inc. now owns 28,900 shares of the technology company’s stock valued at $1,449,000 after acquiring an additional 20,200 shares in the last quarter. Institutional investors own 65.38% of the company’s stock.

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About Trade Desk

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

Insider Buying and Selling by Quarter for Trade Desk (NASDAQ:TTD)

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