Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on November 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trade Desk stock on October 20th. 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 BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
- Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.
Trade Desk Stock Down 3.2%
Shares of NASDAQ:TTD traded down $0.51 during midday trading on Thursday, reaching $15.47. 18,063,804 shares of the company traded hands, compared to its average volume of 21,837,478. The firm’s fifty day moving average price is $13.19 and its two-hundred day moving average price is $19.21. The firm has a market capitalization of $7.27 billion, a price-to-earnings ratio of 22.42, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98. The Trade Desk has a 12 month low of $11.62 and a 12 month high of $43.86.
Trade Desk (NASDAQ:TTD – Get Free Report) last posted its earnings results on Monday, November 9th. The technology company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.29. Trade Desk had a return on equity of 14.36% and a net margin of 11.03%. The business had revenue of $735.97 million during the quarter, compared to analyst estimates of $650.93 million. During the same quarter in the previous year, the firm earned $0.45 EPS. The company’s quarterly revenue was down .5% compared to the same quarter last year. Analysts forecast that The Trade Desk will post 0.52 earnings per share for the current year.
Key Trade Desk News
These are some of the TTD news items that stood out recently:
- Positive Sentiment: Analyst sentiment has included multiple price-target increases after the earnings report; at least 14 analysts reportedly raised targets, adding a source of support for the stock. Trade Desk Stock Boosted by Wall Street Optimism Following Earnings Beat
- Neutral Sentiment: Ratings remain mixed: Piper Sandler maintained a Hold/neutral stance, while other firms reiterated positive ratings or raised targets. This suggests optimism about potential recovery but not broad agreement on near-term upside. Piper Sandler Keeps Their Hold Rating on Trade Desk
- Negative Sentiment: Competition and advertising-market headwinds remain risks, tempering confidence that stronger Q4 guidance will translate into a sustained growth recovery. Competitive Headwinds Keep Coming For The Trade Desk
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in TTD. Renaissance Technologies LLC grew its stake in Trade Desk by 59.0% in the first quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company’s stock worth $123,446,000 after purchasing an additional 2,018,525 shares during the period. Bank of America Corp DE boosted its holdings in shares of Trade Desk by 33.5% during the 1st quarter. Bank of America Corp DE now owns 4,548,894 shares of the technology company’s stock valued at $103,214,000 after buying an additional 1,141,704 shares in the last quarter. Amundi boosted its holdings in shares of Trade Desk by 0.6% during the 1st quarter. Amundi now owns 3,056,305 shares of the technology company’s stock valued at $69,348,000 after buying an additional 17,097 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Trade Desk in the 2nd quarter worth about $39,750,000. Finally, Quantinno Capital Management LP lifted its position in Trade Desk by 330.0% during the 1st quarter. Quantinno Capital Management LP now owns 1,496,748 shares of the technology company’s stock valued at $33,961,000 after acquiring an additional 1,148,680 shares during the period. Hedge funds and other institutional investors own 67.77% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on TTD. Weiss Ratings reiterated a “sell (d)” rating on shares of Trade Desk in a research note on Friday, September 11th. Morgan Stanley upped their price target on shares of Trade Desk from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Tuesday. Wall Street Zen lowered Trade Desk from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Robert W. Baird set a $9.00 target price on Trade Desk and gave the stock a “neutral” rating in a research report on Friday, August 7th. Finally, Wolfe Research restated an “outperform” rating and set a $16.00 target price on shares of Trade Desk in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $18.52.
Read Our Latest Analysis on Trade Desk
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
The Trade Desk, Inc. provides a technology platform that helps advertisers and advertising agencies plan, buy, and measure digital advertising. Its self-service platform uses automated, data-driven tools to help clients purchase advertising inventory across channels such as connected TV, mobile, audio, and display. The company also offers tools for campaign management, audience targeting, measurement, and access to data and advertising inventory. Its platform is designed to help clients manage campaigns across multiple media channels and publishers.
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