Trade Desk Inc (TTD) COO Robert David Perdue Sells 7,500 Shares

Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 7,500 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $46.37, for a total value of $347,775.00. Following the completion of the transaction, the chief operating officer now owns 102,238 shares in the company, valued at approximately $4,740,776.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Thursday, December 21st, Robert David Perdue sold 5,000 shares of Trade Desk stock. The stock was sold at an average price of $47.83, for a total value of $239,150.00.
  • On Monday, December 18th, Robert David Perdue sold 5,000 shares of Trade Desk stock. The stock was sold at an average price of $50.08, for a total value of $250,400.00.
  • On Friday, December 1st, Robert David Perdue sold 7,500 shares of Trade Desk stock. The stock was sold at an average price of $48.08, for a total value of $360,600.00.
  • On Wednesday, November 1st, Robert David Perdue sold 12,500 shares of Trade Desk stock. The stock was sold at an average price of $64.87, for a total value of $810,875.00.

Shares of Trade Desk Inc (NASDAQ:TTD) traded up $1.50 during trading on Wednesday, hitting $47.91. The stock had a trading volume of 821,804 shares, compared to its average volume of 755,950. The stock has a market capitalization of $1,970.00 and a P/E ratio of 46.97. Trade Desk Inc has a 12-month low of $26.40 and a 12-month high of $67.30. 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 (NASDAQ:TTD) last issued its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.20 by $0.15. The firm had revenue of $79.40 million during the quarter, compared to the consensus estimate of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The company’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.24 earnings per share. equities analysts expect that Trade Desk Inc will post 1.28 EPS for the current fiscal year.

Several research analysts have issued reports on TTD shares. Vetr lowered Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price target on the stock. in a report on Tuesday, October 31st. Cantor Fitzgerald reiterated a “buy” rating and issued a $62.00 price target on shares of Trade Desk in a report on Thursday, September 21st. BidaskClub upgraded Trade Desk from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th. Needham & Company LLC reiterated a “buy” rating and issued a $66.00 price target (up previously from $62.00) on shares of Trade Desk in a report on Thursday, October 5th. Finally, Zacks Investment Research upgraded Trade Desk from a “hold” rating to a “buy” rating and set a $74.00 price target on the stock in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $66.48.

Several institutional investors have recently modified their holdings of TTD. Advisor Group Inc. raised its stake in shares of Trade Desk by 9,856.5% in the second 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 during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Trade Desk by 665.2% in the second 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 during the last quarter. Great West Life Assurance Co. Can raised its stake in shares of Trade Desk by 57.7% in the third quarter. Great West Life Assurance Co. Can now owns 2,838 shares of the technology company’s stock worth $165,000 after purchasing an additional 1,038 shares during the last quarter. Legal & General Group Plc raised its stake in shares of Trade Desk by 75.4% in the second 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 during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its stake in shares of Trade Desk by 1,171.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,080 shares of the technology company’s stock worth $204,000 after purchasing an additional 3,759 shares during the last quarter. 65.38% of the stock is owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: This article was originally published by American Banking News and is the property of of American Banking News. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this article can be accessed at https://www.americanbankingnews.com/2018/01/03/trade-desk-inc-ttd-coo-robert-david-perdue-sells-7500-shares.html.

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 Trade Desk (NASDAQ:TTD)

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

Leave a Reply