Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trade Desk stock on May 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Trade Desk Stock Down 3.0%
NASDAQ:TTD opened at $19.29 on Thursday. The Trade Desk has a 12-month low of $19.06 and a 12-month high of $91.45. The firm has a market capitalization of $9.07 billion, a P/E ratio of 21.92, a P/E/G ratio of 0.96 and a beta of 1.05. The stock’s fifty day simple moving average is $21.92 and its 200-day simple moving average is $28.50.
Trade Desk declared that its board has initiated a stock buyback program on Wednesday, February 25th that authorizes the company to repurchase $350.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.
Key Stories Impacting Trade Desk
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: The Trade Desk added David Haddad, a veteran media and entertainment executive, to its board of directors, which could strengthen its strategic ties to major media companies and improve its position in ad-tech. The Trade Desk Appoints David Haddad to Board of Directors
- Positive Sentiment: Some recent commentary argues the stock may be a deep value opportunity after its steep selloff, pointing to a lower valuation that could attract bargain hunters if growth stabilizes. Down 86%, Is The Trade Desk Stock a Generational Buying Opportunity?
- Neutral Sentiment: The Trade Desk has been one of the most watched stocks on Zacks.com, suggesting heightened investor attention but no clear new catalyst yet. Investors Heavily Search The Trade Desk (TTD): Here is What You Need to Know
- Neutral Sentiment: Another article echoed the same high-search interest, reinforcing that TTD is on investors’ radar, but it does not appear to include a material business update. Investors Heavily Search The Trade Desk (TTD): Here is What You Need to Know
- Negative Sentiment: Bearish commentary from The Motley Fool questioned whether The Trade Desk remains investable, citing structural risks from the internet’s shift toward walled-garden ad ecosystems and the need for leadership to restore growth. Is The Trade Desk Still Investable as the Internet Closes?
Institutional Trading of Trade Desk
Hedge funds have recently added to or reduced their stakes in the business. Nicholas Company Inc. raised its stake in shares of Trade Desk by 14.3% in the 4th quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock valued at $38,596,000 after purchasing an additional 127,049 shares during the period. Jacobson & Schmitt Advisors LLC raised its stake in shares of Trade Desk by 19.6% in the 3rd quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock valued at $14,192,000 after purchasing an additional 47,539 shares during the period. State of Michigan Retirement System acquired a new stake in shares of Trade Desk in the 3rd quarter valued at about $5,906,000. Ashton Thomas Private Wealth LLC raised its stake in shares of Trade Desk by 272.9% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock valued at $2,604,000 after purchasing an additional 50,209 shares during the period. Finally, Jericho Capital Asset Management L.P. raised its stake in shares of Trade Desk by 86.3% in the 3rd quarter. Jericho Capital Asset Management L.P. now owns 4,067,000 shares of the technology company’s stock valued at $199,324,000 after purchasing an additional 1,884,000 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently issued reports on TTD. Rothschild & Co Redburn began coverage on Trade Desk in a research report on Thursday, May 28th. They issued a “sell” rating and a $11.00 price target on the stock. Wedbush set a $21.00 price target on Trade Desk and gave the stock a “neutral” rating in a research report on Friday, May 8th. Piper Sandler restated a “neutral” rating and issued a $24.00 price target on shares of Trade Desk in a research report on Friday, May 8th. HSBC lowered Trade Desk from a “buy” rating to a “reduce” rating and set a $20.00 price target on the stock. in a research report on Monday, May 11th. Finally, Arete Research upgraded Trade Desk from a “sell” rating to a “neutral” rating and set a $25.00 price target on the stock in a research report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $33.91.
Read Our Latest Stock Analysis on Trade Desk
Insider Activity
In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of Trade Desk stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the sale, the director owned 13,099 shares of the company’s stock, valued at $276,912.86. This trade represents a 80.38% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 11.41% of the stock is owned by corporate insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Trade Desk
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.
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