U.S. Capital Wealth Advisors LLC Makes New $207,000 Investment in The Trade Desk, Inc. (NASDAQ:TTD)

U.S. Capital Wealth Advisors LLC purchased a new stake in The Trade Desk, Inc. (NASDAQ:TTD) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,875 shares of the technology company’s stock, valued at approximately $207,000.

A number of other hedge funds also recently made changes to their positions in TTD. 9258 Wealth Management LLC grew its position in Trade Desk by 2.2% in the 3rd quarter. 9258 Wealth Management LLC now owns 6,091 shares of the technology company’s stock valued at $476,000 after buying an additional 131 shares in the last quarter. Latitude Advisors LLC lifted its stake in shares of Trade Desk by 5.0% in the 3rd quarter. Latitude Advisors LLC now owns 2,815 shares of the technology company’s stock worth $220,000 after acquiring an additional 133 shares during the period. Level Financial Advisors Inc. boosted its holdings in shares of Trade Desk by 50.0% in the fourth quarter. Level Financial Advisors Inc. now owns 450 shares of the technology company’s stock valued at $32,000 after acquiring an additional 150 shares in the last quarter. Mutual Advisors LLC increased its stake in shares of Trade Desk by 3.6% during the fourth quarter. Mutual Advisors LLC now owns 4,502 shares of the technology company’s stock valued at $324,000 after acquiring an additional 156 shares during the period. Finally, Choreo LLC lifted its position in Trade Desk by 2.2% in the fourth quarter. Choreo LLC now owns 7,491 shares of the technology company’s stock worth $539,000 after purchasing an additional 158 shares during the period. Institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, CEO Jeffrey Terry Green sold 75,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $81.77, for a total transaction of $6,132,750.00. Following the sale, the chief executive officer now owns 1,551,987 shares of the company’s stock, valued at approximately $126,905,976.99. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Trade Desk news, CEO Jeffrey Terry Green sold 75,000 shares of the company’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $81.77, for a total transaction of $6,132,750.00. Following the transaction, the chief executive officer now owns 1,551,987 shares of the company’s stock, valued at approximately $126,905,976.99. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Jay R. Grant sold 2,136 shares of Trade Desk stock in a transaction on Friday, February 16th. The shares were sold at an average price of $89.53, for a total value of $191,236.08. Following the completion of the sale, the insider now directly owns 139,794 shares of the company’s stock, valued at $12,515,756.82. The disclosure for this sale can be found here. In the last quarter, insiders sold 642,170 shares of company stock worth $53,970,398. 10.18% of the stock is currently owned by insiders.

Trade Desk Stock Down 4.0 %

Shares of TTD opened at $86.02 on Thursday. The company has a 50-day moving average price of $83.98 and a two-hundred day moving average price of $76.09. The stock has a market cap of $42.06 billion, a price-to-earnings ratio of 238.94, a P/E/G ratio of 4.88 and a beta of 1.50. The Trade Desk, Inc. has a 12 month low of $60.23 and a 12 month high of $94.00.

Trade Desk (NASDAQ:TTD) last released its quarterly earnings data on Thursday, February 15th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.05). Trade Desk had a return on equity of 8.59% and a net margin of 9.19%. The company had revenue of $605.80 million for the quarter, compared to analyst estimates of $582.61 million. Equities research analysts expect that The Trade Desk, Inc. will post 0.79 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on TTD. Benchmark raised their price objective on shares of Trade Desk from $32.00 to $42.00 and gave the company a “sell” rating in a research report on Friday, February 16th. Royal Bank of Canada lifted their price target on shares of Trade Desk from $90.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, February 16th. BTIG Research upped their price target on Trade Desk from $91.00 to $98.00 and gave the company a “buy” rating in a report on Friday, February 23rd. Susquehanna raised their price objective on Trade Desk from $75.00 to $110.00 and gave the stock a “positive” rating in a research note on Friday, February 16th. Finally, Oppenheimer boosted their target price on Trade Desk from $85.00 to $105.00 and gave the stock an “outperform” rating in a research report on Friday, February 16th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and twenty-two have assigned a buy rating to the company. According to data from MarketBeat.com, Trade Desk currently has an average rating of “Moderate Buy” and a consensus price target of $90.38.

About Trade Desk

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.