The Trade Desk Inc. (NASDAQ:TTD) CFO Paul Ross sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $54.16, for a total value of $541,600.00. Following the completion of the sale, the chief financial officer now directly owns 47,819 shares of the company’s stock, valued at $2,589,877.04. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Paul Ross also recently made the following trade(s):

  • On Monday, June 5th, Paul Ross sold 37,977 shares of The Trade Desk stock. The shares were sold at an average price of $55.76, for a total value of $2,117,597.52.
  • On Tuesday, June 6th, Paul Ross sold 71,400 shares of The Trade Desk stock. The shares were sold at an average price of $55.87, for a total value of $3,989,118.00.

Shares of The Trade Desk Inc. (TTD) traded down 4.88% during trading on Tuesday, reaching $51.02. The company had a trading volume of 2,013,521 shares. The stock has a market capitalization of $2.04 billion and a PE ratio of 47.11. The stock’s 50-day moving average price is $52.36 and its 200-day moving average price is $44.10. The Trade Desk Inc. has a 12 month low of $22.00 and a 12 month high of $57.87.

The Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 10th. The technology company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.29. The firm had revenue of $72.80 million during the quarter, compared to the consensus estimate of $68.02 million. The Trade Desk had a return on equity of 27.88% and a net margin of 13.92%. The firm’s revenue for the quarter was up 54.2% compared to the same quarter last year. Equities analysts forecast that The Trade Desk Inc. will post $1.40 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: “The Trade Desk Inc. (TTD) CFO Sells $541,600.00 in Stock” was posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this piece of content can be viewed at https://www.watchlistnews.com/the-trade-desk-inc-ttd-cfo-sells-541600-00-in-stock/1492277.html.

Several research firms have recently commented on TTD. Susquehanna Bancshares Inc reissued a “positive” rating and issued a $66.00 price target (up from $60.00) on shares of The Trade Desk in a report on Monday. Citigroup Inc. reaffirmed a “buy” rating and set a $60.00 price objective (up from $55.00) on shares of The Trade Desk in a report on Friday. Jefferies Group LLC reaffirmed a “buy” rating and set a $60.00 price objective (up from $57.00) on shares of The Trade Desk in a report on Friday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $65.00 price objective (up from $56.00) on shares of The Trade Desk in a report on Friday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $62.00 price objective (up from $56.00) on shares of The Trade Desk in a report on Friday. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $56.11.

A number of large investors have recently added to or reduced their stakes in the company. Advisor Group Inc. increased its stake in The Trade Desk by 9,856.5% in the second quarter. Advisor Group Inc. now owns 2,290 shares of the technology company’s stock worth $115,000 after buying an additional 2,267 shares during the period. BNP Paribas Arbitrage SA increased its stake in The Trade Desk by 665.2% in the second quarter. BNP Paribas Arbitrage SA now owns 2,334 shares of the technology company’s stock worth $117,000 after buying an additional 2,029 shares during the period. Whittier Trust Co. purchased a new stake in The Trade Desk during the first quarter worth $103,000. Nationwide Fund Advisors increased its stake in The Trade Desk by 181.5% in the first quarter. Nationwide Fund Advisors now owns 2,829 shares of the technology company’s stock worth $105,000 after buying an additional 1,824 shares during the period. Finally, American International Group Inc. purchased a new stake in The Trade Desk during the first quarter worth $126,000. Hedge funds and other institutional investors own 53.08% of the company’s stock.

The Trade Desk Company Profile

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 The Trade Desk (NASDAQ:TTD)

Receive News & Ratings for The Trade Desk Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Trade Desk Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.