The Trade Desk Inc. (NASDAQ:TTD) COO Robert David Perdue sold 12,500 shares of the firm’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $60.29, for a total transaction of $753,625.00. Following the sale, the chief operating officer now owns 86,109 shares in the company, valued at $5,191,511.61. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Robert David Perdue also recently made the following trade(s):

  • On Friday, September 1st, Robert David Perdue sold 12,500 shares of The Trade Desk stock. The shares were sold at an average price of $53.66, for a total transaction of $670,750.00.
  • On Tuesday, August 1st, Robert David Perdue sold 12,500 shares of The Trade Desk stock. The shares were sold at an average price of $53.34, for a total transaction of $666,750.00.
  • On Wednesday, July 5th, Robert David Perdue sold 12,500 shares of The Trade Desk stock. The stock was sold at an average price of $49.55, for a total transaction of $619,375.00.

The Trade Desk Inc. (NASDAQ TTD) traded up 1.63% on Tuesday, reaching $60.53. 853,917 shares of the company were exchanged. The stock has a market capitalization of $2.47 billion and a P/E ratio of 55.89. The Trade Desk Inc. has a 12-month low of $22.01 and a 12-month high of $62.86. The company’s 50-day moving average price is $59.59 and its 200-day moving average price is $59.59.

The Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, August 10th. The technology company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.29. The Trade Desk had a net margin of 13.92% and a return on equity of 26.34%. The business had revenue of $72.80 million during the quarter, compared to analyst estimates of $68.02 million. The business’s revenue for the quarter was up 54.2% compared to the same quarter last year. Equities research analysts anticipate that The Trade Desk Inc. will post $1.43 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of TTD. Wellington Management Group LLP increased its position in shares of The Trade Desk by 2,223.5% during the first quarter. Wellington Management Group LLP now owns 3,437,494 shares of the technology company’s stock worth $128,047,000 after acquiring an additional 3,289,552 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of The Trade Desk by 6.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,003,888 shares of the technology company’s stock worth $100,415,000 after acquiring an additional 122,774 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of The Trade Desk by 79.9% in the 2nd quarter. Vanguard Group Inc. now owns 1,995,138 shares of the technology company’s stock worth $99,976,000 after acquiring an additional 885,916 shares during the last quarter. FMR LLC lifted its position in The Trade Desk by 12.7% in the 2nd quarter. FMR LLC now owns 1,575,792 shares of the technology company’s stock valued at $78,963,000 after acquiring an additional 178,092 shares in the last quarter. Finally, Lord Abbett & CO. LLC lifted its position in The Trade Desk by 109.6% in the 2nd quarter. Lord Abbett & CO. LLC now owns 1,432,273 shares of the technology company’s stock valued at $71,771,000 after acquiring an additional 748,795 shares in the last quarter. Hedge funds and other institutional investors own 62.80% of the company’s stock.

A number of research firms have issued reports on TTD. Zacks Investment Research upgraded The Trade Desk from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a report on Wednesday, June 21st. Needham & Company LLC reissued a “buy” rating and issued a $62.00 price target (up previously from $56.00) on shares of The Trade Desk in a research note on Friday, August 11th. Jefferies Group LLC restated a “buy” rating and issued a $60.00 price target (up from $57.00) on shares of The Trade Desk in a report on Friday, August 11th. Cantor Fitzgerald set a $60.00 price target on The Trade Desk and gave the company a “buy” rating in a report on Thursday, June 22nd. Finally, Susquehanna Bancshares Inc reaffirmed a “positive” rating and set a $66.00 price objective (up from $60.00) on shares of The Trade Desk in a research report on Monday, August 14th. One analyst has rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The Trade Desk presently has a consensus rating of “Buy” and a consensus price target of $57.27.

The 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 The Trade Desk (NASDAQ:TTD)

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