Vivian Yang Sells 8,597 Shares of Trade Desk Inc (NASDAQ:TTD) Stock

Trade Desk Inc (NASDAQ:TTD) insider Vivian Yang sold 8,597 shares of the business’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $250.70, for a total value of $2,155,267.90. Following the completion of the transaction, the insider now directly owns 37,332 shares in the company, valued at $9,359,132.40. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Vivian Yang also recently made the following trade(s):

  • On Wednesday, December 4th, Vivian Yang sold 3,745 shares of Trade Desk stock. The stock was sold at an average price of $240.00, for a total value of $898,800.00.
  • On Monday, December 2nd, Vivian Yang sold 3,405 shares of Trade Desk stock. The stock was sold at an average price of $261.12, for a total value of $889,113.60.
  • On Monday, November 4th, Vivian Yang sold 3,405 shares of Trade Desk stock. The stock was sold at an average price of $205.50, for a total value of $699,727.50.
  • On Friday, October 11th, Vivian Yang sold 2,142 shares of Trade Desk stock. The shares were sold at an average price of $200.00, for a total value of $428,400.00.
  • On Monday, September 16th, Vivian Yang sold 1,263 shares of Trade Desk stock. The stock was sold at an average price of $204.21, for a total value of $257,917.23.

Shares of NASDAQ:TTD opened at $250.07 on Wednesday. Trade Desk Inc has a twelve month low of $102.35 and a twelve month high of $289.51. The stock’s 50 day moving average is $225.75 and its 200-day moving average is $228.47. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $11.16 billion, a price-to-earnings ratio of 130.24, a PEG ratio of 4.52 and a beta of 2.79.

Several analysts have recently commented on the stock. ValuEngine downgraded shares of Trade Desk from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Nomura upgraded shares of Trade Desk from a “reduce” rating to a “neutral” rating and boosted their target price for the company from $165.00 to $175.00 in a research report on Thursday, September 26th. BidaskClub upgraded shares of Trade Desk from a “hold” rating to a “buy” rating in a research report on Thursday, November 21st. SunTrust Banks reissued a “buy” rating and set a $285.00 target price on shares of Trade Desk in a research note on Wednesday, November 6th. Finally, Needham & Company LLC upgraded shares of Trade Desk from a “hold” rating to a “buy” rating and set a $325.00 price target for the company in a report on Friday, December 6th. Eight research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $233.25.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Steward Partners Investment Advisory LLC acquired a new position in Trade Desk during the second quarter worth $100,000. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Trade Desk in the 2nd quarter worth about $496,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Trade Desk by 17.6% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,295 shares of the technology company’s stock worth $523,000 after acquiring an additional 343 shares during the last quarter. BNP Paribas Arbitrage SA lifted its position in Trade Desk by 50.8% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 11,727 shares of the technology company’s stock valued at $2,671,000 after acquiring an additional 3,948 shares in the last quarter. Finally, Aperio Group LLC lifted its position in Trade Desk by 20.5% in the 2nd quarter. Aperio Group LLC now owns 4,808 shares of the technology company’s stock valued at $1,095,000 after acquiring an additional 818 shares in the last quarter. 66.35% of the stock is owned by institutional investors and hedge funds.

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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