Trade Desk Inc (NASDAQ:TTD) Insider Susan Vobejda Sells 875 Shares

Trade Desk Inc (NASDAQ:TTD) insider Susan Vobejda sold 875 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $199.87, for a total transaction of $174,886.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Susan Vobejda also recently made the following trade(s):

  • On Friday, June 7th, Susan Vobejda sold 1,095 shares of Trade Desk stock. The stock was sold at an average price of $242.00, for a total transaction of $264,990.00.
  • On Wednesday, May 1st, Susan Vobejda sold 875 shares of Trade Desk stock. The stock was sold at an average price of $222.89, for a total transaction of $195,028.75.
  • On Monday, April 1st, Susan Vobejda sold 875 shares of Trade Desk stock. The stock was sold at an average price of $201.56, for a total transaction of $176,365.00.
  • On Friday, March 8th, Susan Vobejda sold 875 shares of Trade Desk stock. The stock was sold at an average price of $190.00, for a total transaction of $166,250.00.

Trade Desk stock traded down $3.67 during trading on Friday, hitting $227.78. The company had a trading volume of 4,773,027 shares, compared to its average volume of 1,522,519. Trade Desk Inc has a 1-year low of $83.66 and a 1-year high of $257.99. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.15. The company has a 50 day simple moving average of $217.85. The stock has a market cap of $10.30 billion, a PE ratio of 118.64, a price-to-earnings-growth ratio of 6.34 and a beta of 2.88.

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

A number of research analysts have weighed in on the stock. BidaskClub lowered shares of Trade Desk from a “strong-buy” rating to a “buy” rating in a research note on Monday, June 24th. Nomura reaffirmed a “reduce” rating and set a $144.00 price target on shares of Trade Desk in a research report on Wednesday, June 12th. Pivotal Research reaffirmed a “buy” rating and set a $265.00 price target (up previously from $255.00) on shares of Trade Desk in a research report on Wednesday, June 5th. Zacks Investment Research raised shares of Trade Desk from a “hold” rating to a “buy” rating and set a $198.00 price target on the stock in a research report on Wednesday, May 15th. Finally, Citigroup lifted their price target on shares of Trade Desk from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Tuesday, May 14th. One research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $190.18.

A number of institutional investors have recently bought and sold shares of the stock. Teachers Advisors LLC lifted its stake in shares of Trade Desk by 0.6% in the third quarter. Teachers Advisors LLC now owns 256,818 shares of the technology company’s stock worth $38,756,000 after acquiring an additional 1,640 shares during the period. Vanguard Group Inc lifted its stake in shares of Trade Desk by 16.0% in the third quarter. Vanguard Group Inc now owns 3,007,013 shares of the technology company’s stock worth $453,788,000 after acquiring an additional 414,136 shares during the period. IFP Advisors Inc lifted its stake in shares of Trade Desk by 103.9% in the fourth quarter. IFP Advisors Inc now owns 573 shares of the technology company’s stock worth $66,000 after acquiring an additional 292 shares during the period. D.A. Davidson & CO. acquired a new position in shares of Trade Desk in the fourth quarter worth approximately $215,000. Finally, Exane Derivatives acquired a new position in shares of Trade Desk in the fourth quarter worth approximately $116,000. Hedge funds and other institutional investors own 67.39% of the company’s stock.

About Trade Desk

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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