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 Trade Desk stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $47.14, for a total value of $353,550.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Wednesday, January 24th, Robert David Perdue sold 5,741 shares of Trade Desk stock. The shares were sold at an average price of $50.04, for a total value of $287,279.64.
  • On Tuesday, January 16th, Robert David Perdue sold 513 shares of Trade Desk stock. The shares were sold at an average price of $50.00, for a total value of $25,650.00.
  • On Thursday, January 18th, Robert David Perdue sold 11,759 shares of Trade Desk stock. The shares were sold at an average price of $50.02, for a total value of $588,185.18.
  • On Tuesday, January 2nd, Robert David Perdue sold 7,500 shares of Trade Desk stock. The shares were sold at an average price of $46.37, for a total value of $347,775.00.
  • On Thursday, December 21st, Robert David Perdue sold 5,000 shares of Trade Desk stock. The shares were 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 shares were 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 shares were sold at an average price of $48.08, for a total value of $360,600.00.

Shares of Trade Desk Inc (NASDAQ TTD) traded down $1.66 on Monday, hitting $45.10. The company’s stock had a trading volume of 830,729 shares, compared to its average volume of 836,175. The firm has a market capitalization of $1,850.00 and a PE ratio of 44.22. Trade Desk Inc has a 12 month low of $28.11 and a 12 month high of $67.30. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.56 and a current ratio of 1.56.

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 Zacks’ consensus estimate of $0.20 by $0.15. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The company 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 firm posted $0.24 earnings per share. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. analysts predict that Trade Desk Inc will post 1.28 EPS for the current year.

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Trade Desk by 79.9% in the second quarter. Vanguard Group Inc. now owns 1,995,138 shares of the technology company’s stock worth $99,976,000 after acquiring an additional 885,916 shares in the last quarter. FMR LLC lifted its stake in shares of Trade Desk by 12.7% in the second quarter. FMR LLC now owns 1,575,792 shares of the technology company’s stock worth $78,963,000 after acquiring an additional 178,092 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD lifted its stake in shares of Trade Desk by 33.6% in the fourth quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,465,060 shares of the technology company’s stock worth $66,997,000 after acquiring an additional 368,555 shares in the last quarter. Lord Abbett & CO. LLC lifted its stake in shares of Trade Desk by 109.6% in the second quarter. Lord Abbett & CO. LLC now owns 1,432,273 shares of the technology company’s stock worth $71,771,000 after acquiring an additional 748,795 shares in the last quarter. Finally, Bamco Inc. NY lifted 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 acquiring an additional 265,270 shares in the last quarter. Institutional investors and hedge funds own 66.85% of the company’s stock.

A number of research analysts have commented on TTD shares. Vetr upgraded Trade Desk from a “buy” rating to a “strong-buy” rating and set a $54.68 price objective on the stock in a research note on Monday. Zacks Investment Research upgraded Trade Desk from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research note on Thursday, January 11th. SunTrust Banks restated a “buy” rating and set a $60.00 price objective on shares of Trade Desk in a research note on Friday, January 12th. BidaskClub cut Trade Desk from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Finally, Stifel Nicolaus started coverage on Trade Desk in a research note on Thursday, January 18th. They set a “buy” rating and a $62.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. Trade Desk has an average rating of “Buy” and an average target price of $63.67.

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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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