Trade Desk Inc (NASDAQ:TTD) insider Brian John Stempeck sold 10,000 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $49.59, for a total value of $495,900.00. Following the sale, the insider now directly owns 44,550 shares of the company’s stock, valued at $2,209,234.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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.
Trade Desk Inc (NASDAQ TTD) traded up $0.17 during trading hours on Friday, reaching $49.13. The company had a trading volume of 848,838 shares, compared to its average volume of 866,460. The company has a market capitalization of $2,020.00 and a price-to-earnings ratio of 48.17. Trade Desk Inc has a 12 month low of $28.11 and a 12 month high of $67.30. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13.
Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.15. The company had revenue of $79.40 million during the quarter, compared to analyst estimates of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter last year, the company earned $0.24 earnings per share. equities analysts predict that Trade Desk Inc will post 1.28 earnings per share for the current year.
A number of large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. boosted its stake in Trade Desk by 6.5% during the second quarter. Alliancebernstein L.P. now owns 2,003,888 shares of the technology company’s stock valued at $100,415,000 after buying an additional 122,774 shares during the period. Vanguard Group Inc. boosted its stake in Trade Desk by 79.9% during the second 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 period. FMR LLC boosted its stake in Trade Desk by 12.7% during the second 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 period. Lord Abbett & CO. LLC lifted its stake in Trade Desk by 109.6% during the second quarter. Lord Abbett & CO. LLC now owns 1,432,273 shares of the technology company’s stock worth $71,771,000 after purchasing an additional 748,795 shares during the last quarter. Finally, Williams Jones & Associates LLC lifted its stake in Trade Desk by 12.3% during the second quarter. Williams Jones & Associates LLC now owns 984,925 shares of the technology company’s stock worth $49,355,000 after purchasing an additional 108,236 shares during the last quarter. 65.38% of the stock is owned by institutional investors.
TTD has been the subject of a number of recent research reports. Jefferies Group reissued a “buy” rating and issued a $63.00 target price on shares of Trade Desk in a research report on Friday, November 10th. Vetr raised Trade Desk from a “buy” rating to a “strong-buy” rating and set a $71.76 target price for the company in a research report on Thursday, November 9th. Royal Bank of Canada raised their target price on Trade Desk from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Zacks Investment Research downgraded Trade Desk from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, BidaskClub cut Trade Desk from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One investment analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $63.79.
TRADEMARK VIOLATION NOTICE: “Trade Desk Inc (TTD) Insider Sells $495,900.00 in Stock” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://ledgergazette.com/2018/01/13/brian-john-stempeck-sells-10000-shares-of-trade-desk-inc-ttd-stock.html.
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.
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.