Trade Desk Inc (NASDAQ:TTD) Insider Sells $312,036.78 in Stock

Trade Desk Inc (NASDAQ:TTD) insider Vivian Yang sold 1,263 shares of the firm’s stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $247.06, for a total transaction of $312,036.78. Following the sale, the insider now directly owns 43,727 shares in the company, valued at approximately $10,803,192.62. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Vivian Yang also recently made the following trade(s):

  • On Friday, August 2nd, Vivian Yang sold 2,142 shares of Trade Desk stock. The shares were sold at an average price of $262.64, for a total transaction of $562,574.88.
  • On Tuesday, July 16th, Vivian Yang sold 4,668 shares of Trade Desk stock. The shares were sold at an average price of $246.44, for a total transaction of $1,150,381.92.
  • On Friday, June 14th, Vivian Yang sold 6,935 shares of Trade Desk stock. The shares were sold at an average price of $243.27, for a total transaction of $1,687,077.45.
  • On Thursday, June 6th, Vivian Yang sold 7,195 shares of Trade Desk stock. The shares were sold at an average price of $235.19, for a total transaction of $1,692,192.05.

Shares of NASDAQ:TTD opened at $260.11 on Thursday. The firm’s 50 day moving average price is $251.77 and its 200-day moving average price is $214.37. Trade Desk Inc has a twelve month low of $102.35 and a twelve month high of $289.51. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $11.18 billion, a PE ratio of 135.47, a price-to-earnings-growth ratio of 4.94 and a beta of 2.72.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Thursday, August 8th. The technology company reported $0.95 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.51. Trade Desk had a net margin of 17.44% and a return on equity of 23.63%. The firm had revenue of $159.90 million for the quarter, compared to analysts’ expectations of $155.26 million. During the same quarter in the prior year, the business earned $0.60 EPS. The business’s quarterly revenue was up 42.4% on a year-over-year basis. Analysts expect that Trade Desk Inc will post 1.83 earnings per share for the current fiscal year.

Several large investors have recently modified their holdings of TTD. Redhawk Wealth Advisors Inc. raised its stake in Trade Desk by 1.7% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 2,249 shares of the technology company’s stock worth $512,000 after acquiring an additional 37 shares during the period. Valeo Financial Advisors LLC raised its stake in Trade Desk by 59.0% during the 2nd quarter. Valeo Financial Advisors LLC now owns 159 shares of the technology company’s stock worth $36,000 after acquiring an additional 59 shares during the period. WINTON GROUP Ltd raised its stake in Trade Desk by 3.3% during the 2nd quarter. WINTON GROUP Ltd now owns 2,201 shares of the technology company’s stock worth $501,000 after acquiring an additional 71 shares during the period. Cypress Asset Management Inc. TX raised its stake in Trade Desk by 1.1% during the 1st quarter. Cypress Asset Management Inc. TX now owns 7,175 shares of the technology company’s stock worth $1,420,000 after acquiring an additional 75 shares during the period. Finally, Camelot Portfolios LLC raised its stake in Trade Desk by 2.4% during the 1st quarter. Camelot Portfolios LLC now owns 3,763 shares of the technology company’s stock worth $745,000 after acquiring an additional 88 shares during the period. Hedge funds and other institutional investors own 68.86% of the company’s stock.

A number of brokerages have recently issued reports on TTD. Royal Bank of Canada raised their price target on shares of Trade Desk to $250.00 and gave the company a “sector perform” rating in a report on Friday, August 9th. TheStreet downgraded shares of Trade Desk from a “b-” rating to a “c-” rating in a report on Thursday, May 9th. Jefferies Financial Group downgraded shares of Trade Desk from a “buy” rating to a “hold” rating and raised their price target for the company from $225.00 to $250.00 in a report on Thursday, July 18th. ValuEngine raised shares of Trade Desk from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 2nd. Finally, DA Davidson raised their price target on shares of Trade Desk to $220.00 and gave the company a “buy” rating in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Trade Desk presently has an average rating of “Hold” and a consensus price target of $225.67.

About Trade Desk

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 display, video, audio, native and social, and on a multitude of devices, such as computers, mobile devices, and connected TV (CTV).

See Also: Can individual investors take part in an IPO?

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.