Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 7,500 shares of Trade Desk stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $48.08, for a total transaction of $360,600.00. Following the sale, the chief operating officer now owns 97,983 shares of the company’s stock, valued at $4,711,022.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Wednesday, November 1st, Robert David Perdue sold 12,500 shares of Trade Desk stock. The shares were sold at an average price of $64.87, for a total transaction of $810,875.00.
  • On Monday, October 2nd, Robert David Perdue sold 12,500 shares of Trade Desk stock. The shares were sold at an average price of $60.29, for a total transaction of $753,625.00.

Shares of Trade Desk Inc (TTD) traded down $0.18 on Tuesday, hitting $45.07. 956,871 shares of the stock were exchanged, compared to its average volume of 941,476. The company has a market cap of $1,860.00 and a price-to-earnings ratio of 46.15. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.13. Trade Desk Inc has a 1 year low of $26.08 and a 1 year high of $67.30.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.20 by $0.15. Trade Desk had a net margin of 15.93% and a return on equity of 24.34%. The firm had revenue of $79.40 million during the quarter, compared to analyst estimates of $76.84 million. During the same period in the previous year, the business posted $0.24 EPS. The business’s quarterly revenue was up 49.8% on a year-over-year basis. equities research analysts forecast that Trade Desk Inc will post 1.29 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Optimum Investment Advisors increased its stake in shares of Trade Desk by 22.6% in the third quarter. Optimum Investment Advisors now owns 6,500 shares of the technology company’s stock worth $400,000 after buying an additional 1,200 shares during the period. GSA Capital Partners LLP increased its stake in shares of Trade Desk by 48.2% in the third quarter. GSA Capital Partners LLP now owns 27,294 shares of the technology company’s stock worth $1,679,000 after buying an additional 8,875 shares during the period. Ashford Capital Management Inc. increased its stake in shares of Trade Desk by 21.1% in the third quarter. Ashford Capital Management Inc. now owns 302,740 shares of the technology company’s stock worth $18,622,000 after buying an additional 52,795 shares during the period. Bamco Inc. NY increased its stake in shares of Trade Desk by 44.6% in the third quarter. Bamco Inc. NY now owns 860,083 shares of the technology company’s stock worth $52,904,000 after buying an additional 265,270 shares during the period. Finally, Janus Henderson Group PLC increased its stake in shares of Trade Desk by 6.7% in the third quarter. Janus Henderson Group PLC now owns 518,193 shares of the technology company’s stock worth $31,874,000 after buying an additional 32,423 shares during the period. 65.46% of the stock is currently owned by institutional investors.

A number of equities research analysts have recently weighed in on the stock. Vetr lowered shares of Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price objective for the company. in a report on Tuesday, October 31st. Macquarie assumed coverage on shares of Trade Desk in a report on Thursday, October 12th. They issued an “outperform” rating and a $78.00 price objective for the company. Zacks Investment Research lowered shares of Trade Desk from a “buy” rating to a “hold” rating in a report on Friday, October 13th. SunTrust Banks restated a “hold” rating and issued a $55.00 price objective on shares of Trade Desk in a report on Monday, November 6th. Finally, JMP Securities assumed coverage on shares of Trade Desk in a report on Monday, October 2nd. They issued an “outperform” rating and a $70.00 price objective for the company. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. Trade Desk has a consensus rating of “Buy” and a consensus target price of $67.07.

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About 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 Trade Desk (NASDAQ:TTD)

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