The Trade Desk (NASDAQ:TTD) insider Brian John Stempeck sold 22,500 shares of the firm’s stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $48.14, for a total transaction of $1,083,150.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Brian John Stempeck also recently made the following trade(s):
- On Thursday, March 22nd, Brian John Stempeck sold 22,500 shares of The Trade Desk stock. The shares were sold at an average price of $55.33, for a total transaction of $1,244,925.00.
Shares of TTD stock opened at $47.68 on Friday. The firm has a market cap of $2,004.61, a price-to-earnings ratio of 40.07, a P/E/G ratio of 1.62 and a beta of 1.93. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.11. The Trade Desk has a 1-year low of $35.04 and a 1-year high of $67.30.
The Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, February 22nd. The technology company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.12. The Trade Desk had a net margin of 16.48% and a return on equity of 25.10%. The company had revenue of $102.60 million during the quarter, compared to analyst estimates of $101.71 million. During the same period last year, the business earned $0.33 EPS. The firm’s revenue for the quarter was up 41.7% compared to the same quarter last year. equities analysts forecast that The Trade Desk will post 1.18 earnings per share for the current fiscal year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. boosted its holdings in shares of The Trade Desk by 129.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,750 shares of the technology company’s stock valued at $126,000 after buying an additional 1,550 shares during the period. Great West Life Assurance Co. Can boosted its holdings in shares of The Trade Desk by 57.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 2,838 shares of the technology company’s stock valued at $165,000 after buying an additional 1,038 shares during the period. SG Americas Securities LLC acquired a new position in shares of The Trade Desk in the 4th quarter valued at about $169,000. Circle Wealth Management LLC acquired a new position in shares of The Trade Desk in the 4th quarter valued at about $202,000. Finally, Crow Point Partners LLC acquired a new position in shares of The Trade Desk in the 4th quarter valued at about $214,000. 72.89% of the stock is owned by institutional investors and hedge funds.
A number of equities research analysts recently weighed in on TTD shares. Stifel Nicolaus assumed coverage on shares of The Trade Desk in a report on Thursday, January 18th. They set a “buy” rating and a $62.00 price target for the company. SunTrust Banks reissued a “buy” rating and set a $60.00 price objective on shares of The Trade Desk in a report on Friday, January 12th. Vetr lowered shares of The Trade Desk from a “strong-buy” rating to a “buy” rating and set a $54.47 price objective for the company. in a report on Thursday, January 11th. Zacks Investment Research raised shares of The Trade Desk from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a report on Thursday, January 11th. Finally, Wells Fargo reissued a “buy” rating and set a $62.00 price objective on shares of The Trade Desk in a report on Friday, February 23rd. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $66.14.
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The Trade Desk Company Profile
The Trade Desk, Inc, a technology company, a self-service omni-channel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. Its platform allows clients to manage integrated advertising campaigns across various advertising formats, including connected television (TV), mobile, video, audio, display, social, and native, as well as on various devices, such as smart TVs, computers, and mobile devices.
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