Values First Advisors Inc. Has $819,000 Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

Values First Advisors Inc. raised its holdings in The Trade Desk, Inc. (NASDAQ:TTD) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,382 shares of the technology company’s stock after purchasing an additional 304 shares during the period. Values First Advisors Inc.’s holdings in Trade Desk were worth $819,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Ritholtz Wealth Management boosted its holdings in shares of Trade Desk by 57.1% during the 4th quarter. Ritholtz Wealth Management now owns 5,495 shares of the technology company’s stock valued at $395,000 after acquiring an additional 1,997 shares in the last quarter. Evanson Asset Management LLC acquired a new stake in shares of Trade Desk during the fourth quarter valued at about $275,000. Deane Retirement Strategies Inc. grew its holdings in shares of Trade Desk by 126.8% during the fourth quarter. Deane Retirement Strategies Inc. now owns 26,227 shares of the technology company’s stock worth $1,887,000 after purchasing an additional 14,662 shares during the last quarter. Jacobs & Co. CA raised its stake in shares of Trade Desk by 5.8% during the fourth quarter. Jacobs & Co. CA now owns 3,175 shares of the technology company’s stock valued at $228,000 after acquiring an additional 175 shares during the last quarter. Finally, ARK Investment Management LLC increased its holdings in Trade Desk by 1,162.0% in the fourth quarter. ARK Investment Management LLC now owns 2,149,654 shares of the technology company’s stock valued at $154,689,000 after purchasing an additional 1,979,319 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Price Performance

Shares of TTD stock traded up $0.21 on Friday, hitting $87.42. The stock had a trading volume of 3,053,066 shares, compared to its average volume of 3,809,987. The business has a 50 day moving average of $78.02 and a 200 day moving average of $75.11. The Trade Desk, Inc. has a 12-month low of $57.17 and a 12-month high of $94.00. The stock has a market cap of $42.74 billion, a price-to-earnings ratio of 242.84, a price-to-earnings-growth ratio of 4.81 and a beta of 1.50.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings data on Thursday, February 15th. The technology company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.05). Trade Desk had a net margin of 9.19% and a return on equity of 8.59%. The firm had revenue of $605.80 million during the quarter, compared to analysts’ expectations of $582.61 million. As a group, research analysts expect that The Trade Desk, Inc. will post 0.79 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TTD. Benchmark increased their price target on Trade Desk from $32.00 to $42.00 and gave the company a “sell” rating in a research note on Friday, February 16th. Seaport Res Ptn restated a “neutral” rating on shares of Trade Desk in a report on Monday, February 12th. Piper Sandler increased their price objective on shares of Trade Desk from $80.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, February 16th. KeyCorp boosted their target price on shares of Trade Desk from $84.00 to $100.00 and gave the company an “overweight” rating in a report on Friday, February 16th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $100.00 price target on shares of Trade Desk in a report on Thursday, March 21st. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and twenty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Trade Desk currently has an average rating of “Moderate Buy” and a consensus price target of $89.75.

Insider Buying and Selling at Trade Desk

In related news, CEO Jeffrey Terry Green sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $81.77, for a total transaction of $6,132,750.00. Following the completion of the sale, the chief executive officer now owns 1,551,987 shares in the company, valued at $126,905,976.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Trade Desk news, CEO Jeffrey Terry Green sold 75,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $81.77, for a total value of $6,132,750.00. Following the completion of the sale, the chief executive officer now directly owns 1,551,987 shares of the company’s stock, valued at $126,905,976.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathryn E. Falberg sold 103,030 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $81.90, for a total transaction of $8,438,157.00. Following the sale, the director now directly owns 242,609 shares in the company, valued at $19,869,677.10. The disclosure for this sale can be found here. Insiders sold 426,562 shares of company stock worth $35,446,258 in the last quarter. 10.81% of the stock is currently owned by company insiders.

Trade Desk Company Profile

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.