The Trade Desk Inc. (NASDAQ:TTD) CEO Jeffrey Terry Green sold 7,689 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $61.90, for a total transaction of $475,949.10. Following the transaction, the chief executive officer now owns 109,711 shares in the company, valued at approximately $6,791,110.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jeffrey Terry Green also recently made the following trade(s):

  • On Wednesday, October 4th, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The stock was sold at an average price of $61.85, for a total transaction of $556,650.00.
  • On Friday, September 1st, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The stock was sold at an average price of $52.98, for a total transaction of $476,820.00.
  • On Tuesday, August 1st, Jeffrey Terry Green sold 4,515 shares of The Trade Desk stock. The stock was sold at an average price of $53.69, for a total transaction of $242,410.35.
  • On Wednesday, August 2nd, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The stock was sold at an average price of $53.84, for a total transaction of $484,560.00.
  • On Monday, July 17th, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The stock was sold at an average price of $51.05, for a total transaction of $459,450.00.

The Trade Desk Inc. (NASDAQ TTD) traded down 0.64% on Wednesday, reaching $60.14. 788,978 shares of the company’s stock were exchanged. The company has a market cap of $2.45 billion and a price-to-earnings ratio of 55.53. The Trade Desk Inc. has a 52 week low of $22.01 and a 52 week high of $62.86. The stock’s 50 day moving average is $59.59 and its 200 day moving average 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 return on equity of 26.34% and a net margin of 13.92%. The firm had revenue of $72.80 million for the quarter, compared to analyst estimates of $68.02 million. The Trade Desk’s revenue was up 54.2% compared to the same quarter last year. On average, equities analysts anticipate that The Trade Desk Inc. will post $1.43 earnings per share for the current year.

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Several hedge funds have recently made changes to their positions in TTD. Teachers Advisors LLC acquired a new stake in shares of The Trade Desk during the fourth quarter valued at about $235,000. Nationwide Fund Advisors boosted its stake in shares of The Trade Desk by 181.5% during the first quarter. Nationwide Fund Advisors now owns 2,829 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,824 shares in the last quarter. Strs Ohio boosted its stake in shares of The Trade Desk by 100.0% during the first quarter. Strs Ohio now owns 3,400 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,700 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of The Trade Desk by 21.5% during the first quarter. Wells Fargo & Company MN now owns 45,036 shares of the technology company’s stock valued at $1,677,000 after purchasing an additional 7,972 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of The Trade Desk by 169.4% during the first quarter. Bank of New York Mellon Corp now owns 31,797 shares of the technology company’s stock valued at $1,184,000 after purchasing an additional 19,992 shares in the last quarter. 62.80% of the stock is currently owned by hedge funds and other institutional investors.

TTD has been the topic of several research reports. Royal Bank Of Canada reiterated a “buy” rating on shares of The Trade Desk in a research report on Wednesday, August 2nd. Zacks Investment Research upgraded shares of The Trade Desk from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Wednesday, June 28th. Cantor Fitzgerald reiterated an “overweight” rating and set a $62.00 price target on shares of The Trade Desk in a research report on Friday, September 1st. Susquehanna Bancshares Inc reiterated a “positive” rating and set a $66.00 price target (up previously from $60.00) on shares of The Trade Desk in a research report on Monday, August 14th. Finally, SunTrust Banks, Inc. initiated coverage on shares of The Trade Desk in a research report on Tuesday, August 15th. They set a “hold” rating and a $55.00 price target on the stock. One investment 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 company. The Trade Desk has a consensus rating of “Buy” and an average target price of $57.27.

About The Trade Desk

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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