Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 11,759 shares of the company’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $50.02, for a total transaction of $588,185.18. Following the sale, the chief operating officer now directly owns 133,956 shares of the company’s stock, valued at approximately $6,700,479.12. The sale was disclosed in a filing with the SEC, which is available at this link.

Robert David Perdue also recently made the following trade(s):

  • On Tuesday, January 16th, Robert David Perdue sold 513 shares of Trade Desk stock. The shares were sold at an average price of $50.00, for a total transaction of $25,650.00.
  • On Tuesday, January 2nd, Robert David Perdue sold 7,500 shares of Trade Desk stock. The shares were sold at an average price of $46.37, for a total transaction of $347,775.00.
  • On Thursday, December 21st, Robert David Perdue sold 5,000 shares of Trade Desk stock. The shares were sold at an average price of $47.83, for a total transaction of $239,150.00.
  • On Monday, December 18th, Robert David Perdue sold 5,000 shares of Trade Desk stock. The shares were sold at an average price of $50.08, for a total transaction of $250,400.00.
  • On Friday, December 1st, Robert David Perdue sold 7,500 shares of Trade Desk stock. The shares were sold at an average price of $48.08, for a total transaction of $360,600.00.
  • On Wednesday, November 1st, Robert David Perdue sold 12,500 shares of Trade Desk stock. The shares were sold at an average price of $64.87, for a total transaction of $810,875.00.

Shares of Trade Desk Inc (NASDAQ TTD) traded down $1.12 on Friday, hitting $48.36. 864,900 shares of the stock were exchanged, compared to its average volume of 688,758. Trade Desk Inc has a fifty-two week low of $28.11 and a fifty-two week high of $67.30. The firm has a market cap of $1,990.00 and a price-to-earnings ratio of 47.41. 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 (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 Zacks’ consensus estimate of $0.20 by $0.15. Trade Desk had a net margin of 15.93% and a return on equity of 24.34%. The business had revenue of $79.40 million for the quarter, compared to analyst estimates of $76.84 million. During the same period last year, the business earned $0.24 EPS. The company’s revenue was up 49.8% on a year-over-year basis. equities research analysts expect that Trade Desk Inc will post 1.28 EPS for the current year.

Several research firms have recently weighed in on TTD. SunTrust Banks raised shares of Trade Desk from a “hold” rating to a “buy” rating and increased their price target for the company from $45.25 to $55.00 in a research note on Monday, December 11th. Vetr cut shares of Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price objective for the company. in a research report on Tuesday, October 31st. Susquehanna Bancshares reiterated a “positive” rating and set a $66.00 target price on shares of Trade Desk in a report on Wednesday, October 4th. Macquarie started coverage on shares of Trade Desk in a report on Thursday, October 12th. They set an “outperform” rating and a $78.00 target price on the stock. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $67.00 target price (up from $62.00) on shares of Trade Desk in a report on Thursday, October 5th. One investment analyst has rated the stock with a sell rating and thirteen have given a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $63.65.

Several institutional investors and hedge funds have recently made changes to their positions in TTD. Vanguard Group Inc. grew its position in shares of Trade Desk by 79.9% in the 2nd quarter. Vanguard Group Inc. now owns 1,995,138 shares of the technology company’s stock valued at $99,976,000 after buying an additional 885,916 shares during the last quarter. FMR LLC grew its position in shares of Trade Desk by 12.7% in the 2nd quarter. FMR LLC now owns 1,575,792 shares of the technology company’s stock valued at $78,963,000 after buying an additional 178,092 shares during the last quarter. Lord Abbett & CO. LLC grew its position in shares of Trade Desk by 109.6% in the 2nd quarter. Lord Abbett & CO. LLC now owns 1,432,273 shares of the technology company’s stock valued at $71,771,000 after buying an additional 748,795 shares during the last quarter. Williams Jones & Associates LLC grew its position in shares of Trade Desk by 12.3% in the 2nd quarter. Williams Jones & Associates LLC now owns 984,925 shares of the technology company’s stock valued at $49,355,000 after buying an additional 108,236 shares during the last quarter. Finally, Bamco Inc. NY grew its position in shares of Trade Desk by 44.6% in the 3rd quarter. Bamco Inc. NY now owns 860,083 shares of the technology company’s stock valued at $52,904,000 after buying an additional 265,270 shares during the last quarter. Institutional investors and hedge funds own 65.38% of the company’s stock.

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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 Trade Desk (NASDAQ:TTD)

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