The Trade Desk Inc. (NASDAQ:TTD) CFO Paul Ross sold 3,705 shares of the company’s stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of $63.33, for a total transaction of $234,637.65. Following the transaction, the chief financial officer now owns 53,451 shares in the company, valued at $3,385,051.83. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Paul Ross also recently made the following trade(s):

  • On Monday, August 14th, Paul Ross sold 10,000 shares of The Trade Desk stock. The shares were sold at an average price of $54.16, for a total value of $541,600.00.

Shares of The Trade Desk Inc. (NASDAQ TTD) traded up 0.18% on Thursday, hitting $62.68. The company had a trading volume of 489,880 shares. The Trade Desk Inc. has a 1-year low of $22.01 and a 1-year high of $67.30. The firm has a market capitalization of $2.56 billion and a price-to-earnings ratio of 57.88. The company has a 50 day moving average price of $61.58 and a 200 day moving average price of $61.58.

The Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data 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 business had revenue of $72.80 million for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 54.2% compared to the same quarter last year. On average, equities analysts forecast that The Trade Desk Inc. will post $1.43 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Paul Ross Sells 3,705 Shares of The Trade Desk Inc. (TTD) Stock” was first published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/26/paul-ross-sells-3705-shares-of-the-trade-desk-inc-ttd-stock.html.

TTD has been the subject of a number of research reports. BidaskClub raised The Trade Desk from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. Citigroup Inc reaffirmed a “buy” rating and set a $60.00 price target (up from $55.00) on shares of The Trade Desk in a research note on Friday, August 11th. Jefferies Group LLC reaffirmed a “buy” rating and set a $60.00 price target (up from $57.00) on shares of The Trade Desk in a research note on Friday, August 11th. Needham & Company LLC reissued a “buy” rating and issued a $62.00 price objective (up previously from $56.00) on shares of The Trade Desk in a report on Friday, August 11th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of The Trade Desk in a report on Wednesday, August 2nd. 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 company presently has an average rating of “Buy” and an average price target of $66.63.

A number of institutional investors and hedge funds have recently modified their holdings of TTD. Nationwide Fund Advisors lifted its holdings in The Trade Desk by 181.5% during the 1st quarter. Nationwide Fund Advisors now owns 2,829 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,824 shares in the last quarter. Advisor Group Inc. lifted its holdings in The Trade Desk by 9,856.5% during the 2nd quarter. Advisor Group Inc. now owns 2,290 shares of the technology company’s stock worth $115,000 after purchasing an additional 2,267 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in The Trade Desk by 665.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,334 shares of the technology company’s stock worth $117,000 after purchasing an additional 2,029 shares in the last quarter. American International Group Inc. purchased a new stake in The Trade Desk during the 1st quarter worth about $126,000. Finally, Legal & General Group Plc lifted its holdings in The Trade Desk by 75.4% during the 2nd quarter. Legal & General Group Plc now owns 3,872 shares of the technology company’s stock worth $195,000 after purchasing an additional 1,664 shares in the last quarter. 62.86% of the stock is currently owned by institutional investors and hedge funds.

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)

Receive News & Ratings for The Trade Desk Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Trade Desk Inc. and related companies with MarketBeat.com's FREE daily email newsletter.