Jeffrey Terry Green Sells 10,000 Shares of Trade Desk Inc (NASDAQ:TTD) Stock

Trade Desk Inc (NASDAQ:TTD) CEO Jeffrey Terry Green sold 10,000 shares of the stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $203.07, for a total value of $2,030,700.00. Following the sale, the chief executive officer now owns 103,392 shares of the company’s stock, valued at $20,995,813.44. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Wednesday, May 1st, Jeffrey Terry Green sold 10,000 shares of Trade Desk stock. The stock was sold at an average price of $222.70, for a total transaction of $2,227,000.00.
  • On Monday, April 8th, Jeffrey Terry Green sold 10,000 shares of Trade Desk stock. The stock was sold at an average price of $195.04, for a total transaction of $1,950,400.00.

Shares of NASDAQ TTD traded down $3.67 during mid-day trading on Friday, reaching $227.78. 1,099,258 shares of the company were exchanged, compared to its average volume of 1,550,772. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.15. The stock has a market cap of $10.14 billion, a PE ratio of 118.64, a PEG ratio of 6.19 and a beta of 2.88. The stock has a 50 day moving average of $217.85. Trade Desk Inc has a 52 week low of $83.66 and a 52 week high of $257.99.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, May 9th. The technology company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.42. The business had revenue of $121.00 million during the quarter, compared to the consensus estimate of $117.13 million. Trade Desk had a net margin of 17.41% and a return on equity of 24.41%. The firm’s revenue for the quarter was up 41.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share. Equities analysts anticipate that Trade Desk Inc will post 1.83 EPS for the current year.

Institutional investors have recently bought and sold shares of the business. Baillie Gifford & Co. increased its position in shares of Trade Desk by 108.0% in the fourth quarter. Baillie Gifford & Co. now owns 1,239,786 shares of the technology company’s stock valued at $143,890,000 after acquiring an additional 643,820 shares during the period. FMR LLC increased its position in shares of Trade Desk by 29.4% during the fourth quarter. FMR LLC now owns 2,026,767 shares of the technology company’s stock valued at $235,226,000 after buying an additional 460,727 shares during the period. Vanguard Group Inc increased its position in shares of Trade Desk by 16.0% during the third quarter. Vanguard Group Inc now owns 3,007,013 shares of the technology company’s stock valued at $453,788,000 after buying an additional 414,136 shares during the period. 1832 Asset Management L.P. purchased a new position in shares of Trade Desk during the fourth quarter valued at about $42,875,000. Finally, Norges Bank purchased a new position in shares of Trade Desk during the fourth quarter valued at about $36,560,000. 67.39% of the stock is owned by institutional investors and hedge funds.

Several research firms have commented on TTD. Citigroup lifted their target price on shares of Trade Desk from $195.00 to $205.00 and gave the stock a “buy” rating in a research report on Tuesday, May 14th. CIBC lifted their target price on shares of Trade Desk from $180.00 to $210.00 and gave the stock an “outperform” rating in a research report on Friday, March 8th. SunTrust Banks lifted their target price on shares of Trade Desk from $195.00 to $206.00 and gave the stock a “buy” rating in a research report on Thursday, May 9th. Zacks Investment Research upgraded shares of Trade Desk from a “sell” rating to a “hold” rating in a research note on Thursday, April 25th. Finally, TheStreet upgraded shares of Trade Desk from a “c” rating to a “b-” rating in a research note on Friday, March 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have given a buy rating to the company’s stock. Trade Desk presently has a consensus rating of “Buy” and a consensus price target of $190.18.

Trade Desk Company Profile

The Trade Desk, Inc, a technology company, provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the United States and internationally. The company's platform allows clients to manage integrated advertising campaigns in various advertising channels and formats, including display, video, audio, native and social, and on a multitude of devices, such as computers, mobile devices, and connected TV (CTV).

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Insider Buying and Selling by Quarter for Trade Desk (NASDAQ:TTD)

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