Trade Desk Inc (NASDAQ:TTD) CTO David Randall Pickles sold 10,000 shares of the stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $205.16, for a total transaction of $2,051,600.00. Following the completion of the transaction, the chief technology officer now owns 60,077 shares in the company, valued at $12,325,397.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

David Randall Pickles also recently made the following trade(s):

  • On Tuesday, March 19th, David Randall Pickles sold 10,000 shares of Trade Desk stock. The shares were sold at an average price of $204.89, for a total transaction of $2,048,900.00.
  • On Tuesday, February 19th, David Randall Pickles sold 13,900 shares of Trade Desk stock. The shares were sold at an average price of $162.43, for a total transaction of $2,257,777.00.

TTD opened at $198.74 on Friday. The firm has a market capitalization of $8.76 billion, a price-to-earnings ratio of 103.51, a PEG ratio of 6.80 and a beta of 2.98. Trade Desk Inc has a twelve month low of $47.61 and a twelve month high of $214.70.

Trade Desk (NASDAQ:TTD) last posted its earnings results on Thursday, February 21st. The technology company reported $0.84 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.56 by $0.28. Trade Desk had a net margin of 18.47% and a return on equity of 27.22%. The company had revenue of $160.47 million for the quarter, compared to analyst estimates of $148.18 million. Sell-side analysts anticipate that Trade Desk Inc will post 1.62 EPS for the current year.

Several large investors have recently modified their holdings of TTD. Mckinley Capital Management LLC Delaware acquired a new stake in shares of Trade Desk during the fourth quarter worth $26,000. Financial Architects Inc raised its holdings in shares of Trade Desk by 114.1% during the fourth quarter. Financial Architects Inc now owns 304 shares of the technology company’s stock worth $35,000 after acquiring an additional 162 shares during the period. Neuburgh Advisers LLC raised its holdings in shares of Trade Desk by 77.8% during the fourth quarter. Neuburgh Advisers LLC now owns 352 shares of the technology company’s stock worth $41,000 after acquiring an additional 154 shares during the period. Private Capital Group LLC raised its holdings in shares of Trade Desk by 139.3% during the fourth quarter. Private Capital Group LLC now owns 493 shares of the technology company’s stock worth $57,000 after acquiring an additional 287 shares during the period. Finally, Financial Gravity Wealth Inc. acquired a new stake in shares of Trade Desk during the first quarter worth $62,000. Institutional investors and hedge funds own 71.77% of the company’s stock.

Several equities analysts recently weighed in on TTD shares. TheStreet upgraded shares of Trade Desk from a “c” rating to a “b-” rating in a report on Friday, March 8th. Zacks Investment Research upgraded shares of Trade Desk from a “hold” rating to a “buy” rating and set a $143.00 price objective on the stock in a report on Tuesday, January 15th. ValuEngine upgraded shares of Trade Desk from a “hold” rating to a “buy” rating in a report on Wednesday, January 2nd. Citigroup increased their target price on shares of Trade Desk from $159.00 to $195.00 and gave the stock a “buy” rating in a report on Friday, February 22nd. Finally, Jefferies Financial Group increased their target price on shares of Trade Desk from $150.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have issued a buy rating to the stock. Trade Desk currently has an average rating of “Buy” and an average target price of $150.22.

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

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