Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue Sells 5,000 Shares

Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 5,000 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $50.08, for a total value of $250,400.00. Following the completion of the sale, the chief operating officer now directly owns 97,354 shares of the company’s stock, valued at $4,875,488.32. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • 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 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.
  • 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.
  • On Monday, October 2nd, Robert David Perdue sold 12,500 shares of Trade Desk stock. The stock was sold at an average price of $60.29, for a total value of $753,625.00.

Shares of Trade Desk Inc (TTD) traded up $1.06 during midday trading on Thursday, hitting $48.96. The stock had a trading volume of 870,300 shares, compared to its average volume of 866,994. Trade Desk Inc has a 12-month low of $28.11 and a 12-month high of $67.30. The stock has a market cap of $2,010.00 and a P/E ratio of 48.00. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.56 and a quick ratio of 1.56.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 EPS for the quarter, beating the 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 business had revenue of $79.40 million for the quarter, compared to the consensus estimate of $76.84 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. Trade Desk’s revenue for the quarter was up 49.8% on a year-over-year basis. research analysts expect that Trade Desk Inc will post 1.28 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the stock. Advisor Group Inc. lifted its stake in Trade Desk by 9,856.5% in the second quarter. Advisor Group Inc. now owns 2,290 shares of the technology company’s stock valued at $115,000 after purchasing an additional 2,267 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in Trade Desk by 665.2% in the second quarter. BNP Paribas Arbitrage SA now owns 2,334 shares of the technology company’s stock valued at $117,000 after purchasing an additional 2,029 shares during the last quarter. Great West Life Assurance Co. Can lifted its stake in 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 valued at $165,000 after purchasing an additional 1,038 shares during the last quarter. Principal Financial Group Inc. bought a new stake in Trade Desk during the 3rd quarter valued at $234,000. Finally, Legal & General Group Plc raised its holdings in Trade Desk by 75.4% during the 2nd quarter. Legal & General Group Plc now owns 3,872 shares of the technology company’s stock valued at $195,000 after acquiring an additional 1,664 shares during the period. Institutional investors and hedge funds own 65.38% of the company’s stock.

A number of analysts have commented on the company. Vetr lowered 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. Zacks Investment Research lowered Trade Desk from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Macquarie assumed coverage on Trade Desk in a report on Thursday, October 12th. They set an “outperform” rating and a $78.00 price objective for the company. SunTrust Banks reissued a “hold” rating and set a $55.00 price objective on shares of Trade Desk in a report on Monday, November 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $65.00 price objective on shares of Trade Desk in a report on Monday, October 2nd. One analyst has rated the stock with a sell rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $64.81.

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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)

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