Trade Desk Inc (NASDAQ:TTD) CFO Paul Ross sold 3,682 shares of the company’s stock in a transaction on Wednesday, October 17th. The stock was sold at an average price of $128.50, for a total transaction of $473,137.00. Following the sale, the chief financial officer now directly owns 43,413 shares of the company’s stock, valued at $5,578,570.50. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • On Wednesday, September 12th, Paul Ross sold 7,142 shares of Trade Desk stock. The stock was sold at an average price of $144.85, for a total transaction of $1,034,518.70.
  • On Wednesday, August 22nd, Paul Ross sold 7,174 shares of Trade Desk stock. The stock was sold at an average price of $128.99, for a total transaction of $925,374.26.
  • On Monday, August 13th, Paul Ross sold 26,230 shares of Trade Desk stock. The stock was sold at an average price of $126.35, for a total transaction of $3,314,160.50.

NASDAQ:TTD opened at $121.30 on Friday. The firm has a market cap of $5.35 billion, a P/E ratio of 100.58, a P/E/G ratio of 4.71 and a beta of 3.06. Trade Desk Inc has a one year low of $40.70 and a one year high of $161.50.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 9th. The technology company reported $0.60 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.16. The firm had revenue of $112.30 million during the quarter, compared to analysts’ expectations of $103.87 million. Trade Desk had a net margin of 14.59% and a return on equity of 21.65%. The business’s quarterly revenue was up 54.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.52 EPS. Equities analysts predict that Trade Desk Inc will post 1.44 earnings per share for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Creative Planning acquired a new position in shares of Trade Desk in the 2nd quarter valued at $294,000. LPL Financial LLC raised its stake in shares of Trade Desk by 106.8% in the 1st quarter. LPL Financial LLC now owns 12,410 shares of the technology company’s stock valued at $616,000 after buying an additional 6,410 shares in the last quarter. Moody Aldrich Partners LLC acquired a new position in shares of Trade Desk in the 2nd quarter valued at $1,615,000. Marshall Wace LLP raised its stake in shares of Trade Desk by 1,264.5% in the 2nd quarter. Marshall Wace LLP now owns 68,961 shares of the technology company’s stock valued at $6,469,000 after buying an additional 63,907 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Trade Desk by 42.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 202,892 shares of the technology company’s stock valued at $19,033,000 after buying an additional 60,447 shares in the last quarter. Hedge funds and other institutional investors own 71.68% of the company’s stock.

Several analysts recently issued reports on TTD shares. Oppenheimer upped their price objective on shares of Trade Desk to $101.00 and gave the stock an “outperform” rating in a report on Friday, June 22nd. Pivotal Research started coverage on shares of Trade Desk in a report on Monday, July 9th. They set a “sell” rating and a $58.00 price objective for the company. Nomura started coverage on shares of Trade Desk in a report on Tuesday, July 10th. They set a “neutral” rating and a $87.00 price objective for the company. BidaskClub downgraded shares of Trade Desk from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 31st. Finally, Royal Bank of Canada upped their price objective on shares of Trade Desk from $80.00 to $126.00 and gave the stock an “outperform” rating in a report on Friday, August 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $118.00.

Trade Desk Company Profile

The Trade Desk, Inc, a technology company, provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. The company's platform allows clients to manage integrated advertising campaigns in various advertising channels and formats, including connected TV, mobile, video, audio, display, social, and native on various devices, such as smart TVs, computers, and mobile phones and tablets.

Further Reading: Book Value Per Share – BVPS

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

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