The Trade Desk Inc. (NASDAQ:TTD) CEO Jeffrey Terry Green sold 9,000 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $66.26, for a total value of $596,340.00. Following the completion of the sale, the chief executive officer now owns 99,400 shares of the company’s stock, valued at approximately $6,586,244. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 Wednesday, October 4th, Jeffrey Terry Green sold 9,000 shares of The Trade Desk stock. The shares were sold at an average price of $61.85, for a total value of $556,650.00.
  • 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.

Shares of The Trade Desk Inc. (TTD) traded down $0.45 during trading on Friday, reaching $64.62. The company had a trading volume of 646,745 shares, compared to its average volume of 666,213. The stock has a market capitalization of $2,612.37, a PE ratio of 61.01 and a beta of 7.32.

The Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 10th. The technology company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.29. The firm had revenue of $72.80 million during 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 firm’s quarterly revenue was up 54.2% on a year-over-year basis. equities analysts forecast that The Trade Desk Inc. will post 1.16 earnings per share for the current fiscal year.

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Institutional investors have recently made changes to their positions in the stock. AHL Partners LLP purchased a new stake in The Trade Desk in the 2nd quarter worth about $373,000. Quantum Capital Management LLC NJ acquired a new position in The Trade Desk in the 2nd quarter worth about $3,787,000. American International Group Inc. acquired a new position in The Trade Desk in the 1st quarter worth about $126,000. Balyasny Asset Management LLC acquired a new position in The Trade Desk in the 2nd quarter worth about $6,194,000. Finally, FMR LLC increased its position in 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 worth $52,064,000 after purchasing an additional 1,345,900 shares during the last quarter. 63.08% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on TTD shares. JMP Securities started coverage on The Trade Desk in a report on Monday, October 2nd. They set an “outperform” rating and a $70.00 target price for the company. BidaskClub raised The Trade Desk from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $65.00 target price on shares of The Trade Desk in a report on Monday, October 2nd. Needham & Company LLC reaffirmed a “buy” rating and set a $66.00 target price (up from $62.00) on shares of The Trade Desk in a report on Thursday, October 5th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and set a $62.00 target price on shares of The Trade Desk in a report on Thursday, September 21st. One analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $66.63.

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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