Insider Selling: Trade Desk Inc (NASDAQ:TTD) CEO Sells 1,411 Shares of Stock

Trade Desk Inc (NASDAQ:TTD) CEO Jeffrey Terry Green sold 1,411 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $50.25, for a total value of $70,902.75. Following the transaction, the chief executive officer now directly owns 130,333 shares in the company, valued at $6,549,233.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Jeffrey Terry Green also recently made the following trade(s):

  • On Wednesday, January 3rd, Jeffrey Terry Green sold 9,000 shares of Trade Desk stock. The stock was sold at an average price of $47.61, for a total value of $428,490.00.
  • On Wednesday, November 1st, Jeffrey Terry Green sold 9,000 shares of Trade Desk stock. The stock was sold at an average price of $66.26, for a total value of $596,340.00.
  • On Monday, October 2nd, Jeffrey Terry Green sold 7,689 shares of Trade Desk stock. The stock was sold at an average price of $61.90, for a total value of $475,949.10.
  • On Wednesday, October 4th, Jeffrey Terry Green sold 9,000 shares of Trade Desk stock. The stock was sold at an average price of $61.85, for a total value of $556,650.00.

Shares of Trade Desk Inc (NASDAQ TTD) traded up $0.17 during midday trading on Friday, reaching $49.13. 835,900 shares of the company were exchanged, compared to its average volume of 649,451. Trade Desk Inc has a 52 week low of $28.11 and a 52 week high of $67.30. The stock has a market cap of $2,010.98, a price-to-earnings ratio of 48.64, a P/E/G ratio of 1.32 and a beta of 5.35. 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 announced its quarterly earnings data on Thursday, November 9th. The technology company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.15. Trade Desk had a net margin of 15.93% and a return on equity of 24.34%. The company 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 earned $0.24 EPS. The firm’s revenue for the quarter was up 49.8% on a year-over-year basis. equities research analysts predict that Trade Desk Inc will post 1.28 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the business. Crow Point Partners LLC bought a new stake in Trade Desk in the 4th quarter worth approximately $214,000. Optimum Investment Advisors grew its position in shares of Trade Desk by 22.6% during the 3rd quarter. Optimum Investment Advisors now owns 6,500 shares of the technology company’s stock valued at $400,000 after acquiring an additional 1,200 shares during the period. GSA Capital Partners LLP grew its position 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 acquiring an additional 8,875 shares during the period. Ashford Capital Management Inc. grew its position in shares of Trade Desk by 21.1% during the 3rd quarter. Ashford Capital Management Inc. now owns 302,740 shares of the technology company’s stock valued at $18,622,000 after acquiring an additional 52,795 shares during the period. Finally, Bamco Inc. NY grew its position in shares of Trade Desk by 44.6% during the 3rd quarter. Bamco Inc. NY now owns 860,083 shares of the technology company’s stock valued at $52,904,000 after acquiring an additional 265,270 shares during the period. 65.38% of the stock is owned by institutional investors and hedge funds.

Several analysts have commented on TTD shares. 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. Zacks Investment Research lowered shares of Trade Desk from a “buy” rating to a “hold” rating in a report on Friday, October 13th. Macquarie started 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. 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, Royal Bank of Canada restated an “outperform” rating and issued a $65.00 price objective on shares of Trade Desk in a report on Monday, October 2nd. One research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $63.79.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2018/01/13/trade-desk-inc-ttd-ceo-sells-70902-75-in-stock.html.

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)

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