Trade Desk Inc (TTD) COO Sells $25,650.00 in Stock

Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 513 shares of Trade Desk stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $50.00, for a total transaction of $25,650.00. Following the completion of the transaction, the chief operating officer now directly owns 133,956 shares in the company, valued at $6,697,800. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Thursday, January 18th, Robert David Perdue sold 11,759 shares of Trade Desk stock. The stock was sold at an average price of $50.02, for a total transaction of $588,185.18.
  • On Tuesday, January 2nd, Robert David Perdue sold 7,500 shares of Trade Desk stock. The stock was sold at an average price of $46.37, for a total transaction of $347,775.00.
  • 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 transaction 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 transaction 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 transaction 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 transaction of $810,875.00.

Shares of Trade Desk Inc (TTD) traded down $1.12 during mid-day trading on Thursday, hitting $48.36. 864,936 shares of the stock were exchanged, compared to its average volume of 841,432. Trade Desk Inc has a 1 year low of $28.11 and a 1 year high of $67.30. The company has a market cap of $1,990.00 and a PE ratio of 47.41. 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 announced its earnings results on Thursday, November 9th. The technology company reported $0.35 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $76.84 million. During the same quarter in the previous year, the business posted $0.24 EPS. The company’s quarterly revenue was up 49.8% on a year-over-year basis. equities research analysts expect that Trade Desk Inc will post 1.28 earnings per share for the current year.

Hedge funds have recently made changes to their positions in the company. AHL Partners LLP bought a new stake in shares of Trade Desk during the 2nd quarter valued at $373,000. Deane Retirement Strategies Inc. bought a new stake in shares of Trade Desk during the 3rd quarter valued at $2,032,000. Ameriprise Financial Inc. bought a new stake in shares of Trade Desk during the 2nd quarter valued at $1,252,000. Balyasny Asset Management LLC bought a new stake in shares of Trade Desk during the 2nd quarter valued at $6,194,000. Finally, GSA Capital Partners LLP boosted its holdings in shares of Trade Desk by 48.2% during the 3rd quarter. GSA Capital Partners LLP now owns 27,294 shares of the technology company’s stock valued at $1,679,000 after buying an additional 8,875 shares in the last quarter. Hedge funds and other institutional investors own 65.38% of the company’s stock.

A number of research analysts have issued reports on the stock. Stifel Nicolaus assumed coverage on shares of Trade Desk in a research report on Thursday. They set a “buy” rating on the stock. Zacks Investment Research raised shares of Trade Desk from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research report on Thursday, January 11th. SunTrust Banks reissued a “buy” rating and set a $60.00 price objective on shares of Trade Desk in a research report on Friday, January 12th. Vetr downgraded shares of Trade Desk from a “strong-buy” rating to a “buy” rating and set a $54.47 price objective on the stock. in a research report on Thursday, January 11th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $65.00 price objective on shares of Trade Desk in a research report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating and thirteen have given a buy rating to the company. Trade Desk currently has an average rating of “Buy” and an average price target of $63.79.

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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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