Trade Desk Inc (TTD) Insider Sells $495,900.00 in Stock

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.

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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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