Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of The Trade Desk (NASDAQ:TTD)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trade Desk stock on May 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
  • Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
  • Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Trade Desk Stock Down 3.0%

NASDAQ:TTD traded down $0.60 during midday trading on Wednesday, reaching $19.29. The stock had a trading volume of 21,314,417 shares, compared to its average volume of 18,769,691. The firm has a fifty day simple moving average of $21.98 and a two-hundred day simple moving average of $28.63. The Trade Desk has a 12-month low of $19.06 and a 12-month high of $91.45. The stock has a market cap of $9.07 billion, a P/E ratio of 21.92, a P/E/G ratio of 0.94 and a beta of 1.05.

Trade Desk (NASDAQ:TTDGet Free Report) last posted its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm had revenue of $688.86 million during the quarter, compared to analysts’ expectations of $678.87 million. During the same quarter last year, the business earned $0.33 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. On average, sell-side analysts anticipate that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 25th that allows the company to buyback $350.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 2.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TTD shares. Rothschild & Co Redburn started coverage on shares of Trade Desk in a research report on Thursday, May 28th. They issued a “sell” rating and a $11.00 price objective on the stock. Wedbush set a $21.00 price objective on shares of Trade Desk and gave the company a “neutral” rating in a research report on Friday, May 8th. Piper Sandler reiterated a “neutral” rating and issued a $24.00 price objective on shares of Trade Desk in a research report on Friday, May 8th. Rosenblatt Securities lowered their price objective on shares of Trade Desk from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Friday, May 8th. Finally, Royal Bank Of Canada set a $33.00 price objective on shares of Trade Desk and gave the company an “outperform” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have issued a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $33.91.

Get Our Latest Stock Report on TTD

Insider Transactions at Trade Desk

In other Trade Desk news, Director Samantha Jacobson sold 53,681 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director directly owned 13,099 shares in the company, valued at approximately $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 11.41% of the company’s stock.

More Trade Desk News

Here are the key news stories impacting Trade Desk this week:

Institutional Investors Weigh In On Trade Desk

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Elevation Wealth Partners LLC raised its holdings in shares of Trade Desk by 2,382.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock worth $27,000 after acquiring an additional 691 shares during the last quarter. Albion Financial Group UT purchased a new stake in Trade Desk during the 4th quarter worth about $30,000. Root Financial Partners LLC lifted its holdings in Trade Desk by 219.4% in the 1st quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock valued at $30,000 after purchasing an additional 906 shares in the last quarter. CVA Family Office LLC lifted its holdings in Trade Desk by 62.1% in the 4th quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after purchasing an additional 344 shares in the last quarter. Finally, Bayforest Capital Ltd purchased a new position in Trade Desk in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 67.77% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Trade Desk

(Get Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real?time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad?tech provider.

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