Rep. Byron Donalds Purchases Shares of The Trade Desk (NASDAQ:TTD)

Posted by Dante Gardener on Mar 10th, 2026

Representative Byron Donalds (Republican-Florida) recently bought shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on March 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trade Desk stock on February 10th. The trade occurred in the Representative’s “MORAN WEALTH IRA” account.

Representative Byron Donalds also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of PayPal (NASDAQ:PYPL) on 2/10/2026.
Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 2/10/2026.
Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/10/2026.
Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 1/8/2026.
Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 1/8/2026.
Sold $1,001 – $15,000 in shares of Howmet Aerospace (NYSE:HWM) on 1/8/2026.

Trade Desk Trading Down 2.4%

TTD traded down $0.69 during midday trading on Tuesday, hitting $27.87. 5,132,291 shares of the company traded hands, compared to its average volume of 17,337,930. The Trade Desk has a 52-week low of $21.08 and a 52-week high of $91.45. The business has a 50 day simple moving average of $30.97 and a two-hundred day simple moving average of $40.64. The company has a market capitalization of $13.48 billion, a price-to-earnings ratio of 30.93, a PEG ratio of 1.16 and a beta of 1.13.

Trade Desk (NASDAQ:TTD – Get Free Report) last released its earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share for the quarter, meeting the consensus estimate of $0.59. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The business had revenue of $846.79 million for the quarter, compared to the consensus estimate of $840.56 million. During the same quarter last year, the business posted $0.59 earnings per share. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. Equities research analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current year.

Trade Desk declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 25th that allows the company to buyback $350.00 million in outstanding shares. This buyback authorization allows the technology company to buy up to 2.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Trade Desk News Roundup

Here are the key news stories impacting Trade Desk this week:

Positive Sentiment: CEO conviction and capital return — CEO Jeff Green made a very large open-market purchase (reported at roughly $148M) and the company authorized a $500M share repurchase program, signaling management believes the stock is undervalued and supporting EPS. (Insider buying + buyback are bullish signals for investors.)
Positive Sentiment: OpenAI partnership rumors — Reports that TTD is in talks to help place ads in ChatGPT lifted expectations of a new, large ad channel if it materializes; the market reacted positively to the scale opportunity even though any deal is early-stage. Wedbush Downgrades The Trade Desk, Inc. (TTD) Amid OpenAI Deal Announcement
Positive Sentiment: Product push into Connected TV — Management is leaning into CTV and premium streaming ad budgets (video drove ~half of Q4 2025), which could support higher-margin growth if Trade Desk wins more premium inventory. Trade Desk’s CTV Platform Targets Premium Streaming Ad Budgets
Neutral Sentiment: Earnings: in-line but slower growth — Q4 results roughly met expectations (EPS in-line; revenue +14% y/y) but growth is the slowest in years, leaving valuation and execution questions open. Analysts and articles outline several milestones TTD must prove in 2026 (Kokai moat, premium CTV access, LLM monetization). 3 Things The Trade Desk Must Prove in 2026
Neutral Sentiment: Boardroom change — The company announced a board resignation/governance transition (Gokul Rajaram resigned), an item worth monitoring for continuity but not an immediate financial hit. The Trade Desk Announces Board Resignation and Governance Transition
Negative Sentiment: Analyst downgrade and lower near-term expectations — Wedbush cut TTD to Underperform with a $23 target, arguing the market overstated near-term benefits from an OpenAI tie-up and warning large AI platforms could internalize ad tech over time; this spurred selling pressure. Trade Desk’s (TTD) Underperform Rating Reiterated at Wedbush
Negative Sentiment: Significant insider selling by a director — Director Kathryn E. Falberg disclosed large sales (totaling ~152,828 and 50,000-share filings at ~\$30.45–\$30.48), which can weigh on sentiment even if unrelated to company fundamentals. Kathryn E. Falberg Insider Trades

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Rosenblatt Securities lowered their target price on Trade Desk from $53.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Cantor Fitzgerald restated a “neutral” rating and issued a $22.00 target price on shares of Trade Desk in a report on Thursday, February 26th. Moffett Nathanson reiterated a “neutral” rating and set a $32.00 price target on shares of Trade Desk in a report on Thursday, February 26th. Bank of America dropped their price objective on shares of Trade Desk from $49.00 to $40.00 and set an “underperform” rating for the company in a report on Tuesday, January 20th. Finally, DA Davidson set a $32.00 target price on shares of Trade Desk in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, fifteen have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Trade Desk currently has an average rating of “Hold” and an average price target of $43.45.

View Our Latest Analysis on Trade Desk

Hedge Funds Weigh In On Trade Desk

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TTD. Brighton Jones LLC grew its stake in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock worth $539,000 after purchasing an additional 169 shares in the last quarter. Bison Wealth LLC increased its position in shares of Trade Desk by 24.3% in the 4th quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after purchasing an additional 485 shares during the last quarter. Woodline Partners LP grew its stake in shares of Trade Desk by 75.5% during the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company’s stock worth $289,000 after purchasing an additional 2,269 shares in the last quarter. TIAA Trust National Association acquired a new stake in Trade Desk in the second quarter valued at $216,000. Finally, Moors & Cabot Inc. boosted its position in shares of Trade Desk by 2.2% during the 2nd quarter. Moors & Cabot Inc. now owns 14,869 shares of the technology company’s stock worth $1,070,000 after acquiring an additional 313 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

Insider Transactions at Trade Desk

In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $30.45, for a total value of $3,131,112.60. Following the transaction, the director directly owned 1,946 shares in the company, valued at $59,255.70. This represents a 98.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.00% of the stock is owned by company insiders.

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida’s 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida’s 19th Congressional District. He declared candidacy for the 2026 election.

Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor’s degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Trade Desk

(Get Free Report)

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.