Trade Desk Inc (NASDAQ:TTD) CMO Susan Vobejda sold 875 shares of the company’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $190.00, for a total transaction of $166,250.00. Following the completion of the sale, the chief marketing officer now directly owns 37,193 shares of the company’s stock, valued at approximately $7,066,670. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Monday, February 25th, Susan Vobejda sold 5,250 shares of Trade Desk stock. The shares were sold at an average price of $198.00, for a total transaction of $1,039,500.00.

Shares of NASDAQ TTD opened at $208.56 on Friday. Trade Desk Inc has a 12 month low of $45.77 and a 12 month high of $209.86. The firm has a market capitalization of $9.18 billion, a price-to-earnings ratio of 108.63, a P/E/G ratio of 6.99 and a beta of 3.01.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings data on Thursday, February 21st. The technology company reported $0.84 EPS 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 business had revenue of $160.47 million during the quarter, compared to analyst estimates of $148.18 million. On average, sell-side analysts predict that Trade Desk Inc will post 1.62 earnings per share for the current fiscal year.

Several equities research analysts have weighed in on the stock. TheStreet raised shares of Trade Desk from a “c” rating to a “b-” rating in a research report on Friday, March 8th. Zacks Investment Research cut shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 28th. Raymond James reissued a “buy” rating and set a $183.00 price target on shares of Trade Desk in a research report on Friday, February 22nd. Rosenblatt Securities reissued a “hold” rating and set a $142.00 price target on shares of Trade Desk in a research report on Friday, February 22nd. Finally, CIBC increased their price target on shares of Trade Desk from $180.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, March 8th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $144.95.

A number of hedge funds and other institutional investors have recently modified their holdings of TTD. Bank of New York Mellon Corp raised its holdings in Trade Desk by 42.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 202,892 shares of the technology company’s stock worth $19,033,000 after purchasing an additional 60,447 shares in the last quarter. State Board of Administration of Florida Retirement System increased its stake in shares of Trade Desk by 23.6% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 14,457 shares of the technology company’s stock worth $2,182,000 after acquiring an additional 2,760 shares in the last quarter. US Bancorp DE increased its stake in shares of Trade Desk by 136.6% in the 3rd quarter. US Bancorp DE now owns 1,356 shares of the technology company’s stock worth $204,000 after acquiring an additional 783 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Trade Desk by 133.2% in the 3rd quarter. Victory Capital Management Inc. now owns 7,076 shares of the technology company’s stock worth $1,068,000 after acquiring an additional 4,042 shares in the last quarter. Finally, Chicago Equity Partners LLC bought a new position in shares of Trade Desk in the 3rd quarter worth about $758,000. Institutional investors and hedge funds own 72.43% of the company’s stock.

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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 connected TV, mobile, video, audio, display, social, and native on various devices, such as smart TVs, computers, and mobile phones and tablets.

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

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