The Trade Desk Inc. (NASDAQ:TTD) insider Jeffrey Terry Green sold 9,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $61.85, for a total value of $556,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Monday, October 2nd, Jeffrey Terry Green sold 7,689 shares of The Trade Desk stock. The shares were sold at an average price of $61.90, for a total value of $475,949.10.
  • On Friday, September 1st, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The shares were sold at an average price of $52.98, for a total value of $476,820.00.
  • On Tuesday, August 1st, Jeffrey Terry Green sold 4,515 shares of The Trade Desk stock. The shares were sold at an average price of $53.69, for a total value of $242,410.35.
  • On Wednesday, August 2nd, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The shares were sold at an average price of $53.84, for a total value of $484,560.00.
  • On Monday, July 17th, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The shares were sold at an average price of $51.05, for a total value of $459,450.00.

Shares of The Trade Desk Inc. (NASDAQ TTD) traded down 0.64% on Wednesday, reaching $60.14. The company’s stock had a trading volume of 788,978 shares. The Trade Desk Inc. has a 1-year low of $22.01 and a 1-year high of $62.86. The company has a market capitalization of $2.45 billion and a price-to-earnings ratio of 55.53. The stock has a 50-day moving average price of $59.59 and a 200-day moving average price of $59.59.

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

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Large investors have recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its stake in shares of The Trade Desk by 2,223.5% in the 1st quarter. Wellington Management Group LLP now owns 3,437,494 shares of the technology company’s stock valued at $128,047,000 after purchasing an additional 3,289,552 shares during the last quarter. FMR LLC grew its stake in shares of The Trade Desk by 2,598.3% in the 1st quarter. FMR LLC now owns 1,397,700 shares of the technology company’s stock valued at $52,064,000 after purchasing an additional 1,345,900 shares during the last quarter. Vanguard Group Inc. grew its stake 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 valued at $99,976,000 after purchasing an additional 885,916 shares during the last quarter. Lord Abbett & CO. LLC grew its stake in shares of 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 purchasing an additional 748,795 shares during the last quarter. Finally, Renaissance Technologies LLC grew its stake in shares of The Trade Desk by 193.5% in the 2nd quarter. Renaissance Technologies LLC now owns 828,300 shares of the technology company’s stock valued at $41,506,000 after purchasing an additional 546,100 shares during the last quarter. Hedge funds and other institutional investors own 62.80% of the company’s stock.

A number of brokerages recently commented on TTD. Needham & Company LLC reiterated a “buy” rating and issued a $62.00 target price (up previously from $56.00) on shares of The Trade Desk in a research report on Friday, August 11th. JMP Securities began coverage on The Trade Desk in a research report on Monday. They issued an “outperform” rating and a $70.00 target price on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $65.00 target price on shares of The Trade Desk in a research report on Monday. Susquehanna Bancshares Inc reiterated a “positive” rating and issued a $66.00 target price on shares of The Trade Desk in a research report on Wednesday. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $60.00 target price (up previously from $57.00) on shares of The Trade Desk in a research report on Friday, August 11th. One analyst has rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average 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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