Oak Thistle LLC purchased a new position in The Trade Desk, Inc. (NASDAQ:TTD – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 12,671 shares of the technology company’s stock, valued at approximately $1,489,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. CAP Partners LLC lifted its holdings in shares of Trade Desk by 1.4% in the 3rd quarter. CAP Partners LLC now owns 6,403 shares of the technology company’s stock valued at $702,000 after buying an additional 86 shares during the period. RMR Wealth Builders grew its holdings in Trade Desk by 0.8% during the fourth quarter. RMR Wealth Builders now owns 10,613 shares of the technology company’s stock worth $1,247,000 after acquiring an additional 89 shares during the period. Allworth Financial LP raised its position in Trade Desk by 2.7% during the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company’s stock valued at $410,000 after acquiring an additional 97 shares in the last quarter. Parisi Gray Wealth Management lifted its holdings in Trade Desk by 2.2% in the fourth quarter. Parisi Gray Wealth Management now owns 4,534 shares of the technology company’s stock valued at $533,000 after acquiring an additional 99 shares during the period. Finally, Avior Wealth Management LLC boosted its position in Trade Desk by 37.7% in the 3rd quarter. Avior Wealth Management LLC now owns 365 shares of the technology company’s stock worth $40,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.
Trade Desk Price Performance
Shares of Trade Desk stock opened at $116.76 on Wednesday. The Trade Desk, Inc. has a 1-year low of $61.47 and a 1-year high of $141.53. The stock has a market cap of $57.63 billion, a P/E ratio of 191.41, a P/E/G ratio of 6.00 and a beta of 1.45. The stock’s 50 day simple moving average is $126.71 and its 200-day simple moving average is $112.27.
Wall Street Analysts Forecast Growth
Insider Buying and Selling
In other Trade Desk news, CEO Jeffrey Terry Green sold 18,207 shares of Trade Desk stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $125.44, for a total transaction of $2,283,886.08. Following the transaction, the chief executive officer now directly owns 704,229 shares of the company’s stock, valued at $88,338,485.76. The trade was a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jay R. Grant sold 18,524 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $119.35, for a total transaction of $2,210,839.40. Following the completion of the transaction, the insider now owns 169,464 shares in the company, valued at $20,225,528.40. The trade was a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 38,086 shares of company stock worth $4,654,466. 9.72% of the stock is owned by corporate 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.
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