Insider Selling: Trade Desk Inc (TTD) COO Sells $588,185.18 in Stock

Trade Desk Inc (NASDAQ:TTD) COO Robert David Perdue sold 11,759 shares of the stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $50.02, for a total transaction of $588,185.18. Following the completion of the transaction, the chief operating officer now directly owns 133,956 shares in the company, valued at $6,700,479.12. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Robert David Perdue also recently made the following trade(s):

  • On Tuesday, January 16th, Robert David Perdue sold 513 shares of Trade Desk stock. The stock was sold at an average price of $50.00, for a total transaction of $25,650.00.
  • On Tuesday, January 2nd, Robert David Perdue sold 7,500 shares of Trade Desk stock. The stock was sold at an average price of $46.37, for a total transaction of $347,775.00.
  • On Thursday, December 21st, Robert David Perdue sold 5,000 shares of Trade Desk stock. The stock was sold at an average price of $47.83, for a total transaction of $239,150.00.
  • On Monday, December 18th, Robert David Perdue sold 5,000 shares of Trade Desk stock. The stock was sold at an average price of $50.08, for a total transaction of $250,400.00.
  • On Friday, December 1st, Robert David Perdue sold 7,500 shares of Trade Desk stock. The stock was sold at an average price of $48.08, for a total transaction of $360,600.00.
  • On Wednesday, November 1st, Robert David Perdue sold 12,500 shares of Trade Desk stock. The stock was sold at an average price of $64.87, for a total transaction of $810,875.00.

Shares of Trade Desk Inc (NASDAQ:TTD) opened at $47.36 on Friday. The firm has a market cap of $1,910.00 and a PE ratio of 46.43. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13. Trade Desk Inc has a fifty-two week low of $28.11 and a fifty-two week high of $67.30.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, November 9th. The technology company reported $0.35 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.15. The business had revenue of $79.40 million for the quarter, compared to the consensus estimate of $76.84 million. Trade Desk had a net margin of 15.93% and a return on equity of 24.34%. The business’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 earnings per share. sell-side analysts expect that Trade Desk Inc will post 1.28 EPS for the current year.

Several large investors have recently modified their holdings of the company. Advisor Group Inc. lifted its stake in shares of Trade Desk by 9,856.5% in the second quarter. Advisor Group Inc. now owns 2,290 shares of the technology company’s stock valued at $115,000 after purchasing an additional 2,267 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of Trade Desk by 665.2% in the second quarter. BNP Paribas Arbitrage SA now owns 2,334 shares of the technology company’s stock valued at $117,000 after purchasing an additional 2,029 shares during the period. Benjamin F. Edwards & Company Inc. lifted its stake in shares of Trade Desk by 129.2% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 2,750 shares of the technology company’s stock valued at $126,000 after purchasing an additional 1,550 shares during the period. Great West Life Assurance Co. Can lifted its stake in shares of Trade Desk by 57.7% in the third quarter. Great West Life Assurance Co. Can now owns 2,838 shares of the technology company’s stock valued at $165,000 after purchasing an additional 1,038 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of Trade Desk by 75.4% in the second quarter. Legal & General Group Plc now owns 3,872 shares of the technology company’s stock valued at $195,000 after purchasing an additional 1,664 shares during the period. 65.38% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have issued reports on the stock. Vetr downgraded shares of Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price objective on the stock. in a research report on Tuesday, October 31st. Zacks Investment Research downgraded shares of Trade Desk from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Macquarie assumed coverage on shares of Trade Desk in a research report on Thursday, October 12th. They set an “outperform” rating and a $78.00 price objective on the stock. SunTrust Banks reissued a “hold” rating and set a $55.00 price objective on shares of Trade Desk in a research report on Monday, November 6th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $65.00 price objective on shares of Trade Desk in a research report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating and thirteen have assigned a buy rating to the company’s stock. Trade Desk currently has an average rating of “Buy” and a consensus price target of $63.65.

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About Trade Desk

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

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

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