The Trade Desk, Inc. (NASDAQ:TTD) Holdings Boosted by D.A. Davidson & CO.

D.A. Davidson & CO. boosted its position in shares of The Trade Desk, Inc. (NASDAQ:TTD) by 7.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,539 shares of the technology company’s stock after purchasing an additional 2,703 shares during the period. D.A. Davidson & CO.’s holdings in Trade Desk were worth $2,917,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NBC Securities Inc. acquired a new stake in shares of Trade Desk during the 3rd quarter valued at $25,000. Catalyst Capital Advisors LLC acquired a new stake in shares of Trade Desk during the 3rd quarter valued at $26,000. Level Financial Advisors Inc. boosted its stake in shares of Trade Desk by 50.0% during the 4th quarter. Level Financial Advisors Inc. now owns 450 shares of the technology company’s stock valued at $32,000 after buying an additional 150 shares during the period. Ancora Advisors LLC boosted its stake in shares of Trade Desk by 56.5% during the 3rd quarter. Ancora Advisors LLC now owns 485 shares of the technology company’s stock valued at $38,000 after buying an additional 175 shares during the period. Finally, Anchor Investment Management LLC acquired a new stake in shares of Trade Desk during the 4th quarter valued at $42,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, CEO Jeffrey Terry Green sold 75,000 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $84.47, for a total value of $6,335,250.00. Following the transaction, the chief executive officer now directly owns 824,022 shares in the company, valued at $69,605,138.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Trade Desk news, CEO Jeffrey Terry Green sold 75,000 shares of the business’s stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $84.47, for a total value of $6,335,250.00. Following the transaction, the chief executive officer now directly owns 824,022 shares in the company, valued at $69,605,138.34. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Kathryn E. Falberg sold 103,030 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $81.90, for a total transaction of $8,438,157.00. Following the completion of the transaction, the director now owns 242,609 shares in the company, valued at $19,869,677.10. The disclosure for this sale can be found here. Insiders have sold a total of 471,637 shares of company stock worth $39,915,515 over the last ninety days. Corporate insiders own 10.18% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TTD shares. Oppenheimer lifted their price objective on shares of Trade Desk from $85.00 to $105.00 and gave the company an “outperform” rating in a research note on Friday, February 16th. KeyCorp lifted their price objective on shares of Trade Desk from $84.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, February 16th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price objective on shares of Trade Desk in a research note on Thursday, May 16th. BTIG Research lifted their price objective on shares of Trade Desk from $91.00 to $98.00 and gave the company a “buy” rating in a research note on Friday, February 23rd. Finally, Royal Bank of Canada lifted their price objective on shares of Trade Desk from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday, May 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $93.01.

Trade Desk Stock Down 2.9 %

NASDAQ TTD opened at $92.51 on Friday. The stock has a market cap of $45.25 billion, a P/E ratio of 231.28, a PEG ratio of 5.02 and a beta of 1.50. The company’s 50-day simple moving average is $86.17 and its 200 day simple moving average is $77.57. The Trade Desk, Inc. has a twelve month low of $60.23 and a twelve month high of $97.65.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.