Toth Financial Advisory Corp Buys 350 Shares of The Trade Desk, Inc. (NASDAQ:TTD)

Toth Financial Advisory Corp increased its stake in shares of The Trade Desk, Inc. (NASDAQ:TTD) by 29.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,550 shares of the technology company’s stock after acquiring an additional 350 shares during the quarter. Toth Financial Advisory Corp’s holdings in Trade Desk were worth $170,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Apella Capital LLC raised its holdings in shares of Trade Desk by 1.9% during the 2nd quarter. Apella Capital LLC now owns 5,384 shares of the technology company’s stock worth $547,000 after acquiring an additional 100 shares in the last quarter. Wealth Alliance raised its stake in Trade Desk by 0.6% during the second quarter. Wealth Alliance now owns 18,535 shares of the technology company’s stock valued at $1,810,000 after purchasing an additional 106 shares in the last quarter. Parisi Gray Wealth Management lifted its position in Trade Desk by 2.6% during the third quarter. Parisi Gray Wealth Management now owns 4,435 shares of the technology company’s stock valued at $486,000 after purchasing an additional 111 shares during the last quarter. RFP Financial Group LLC grew its stake in shares of Trade Desk by 26.4% in the 2nd quarter. RFP Financial Group LLC now owns 555 shares of the technology company’s stock worth $54,000 after buying an additional 116 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA raised its position in shares of Trade Desk by 6.2% during the 3rd quarter. Compagnie Lombard Odier SCmA now owns 2,123 shares of the technology company’s stock valued at $233,000 after buying an additional 123 shares in the last quarter. 67.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Jeffrey Terry Green sold 80,649 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $115.50, for a total value of $9,314,959.50. Following the completion of the sale, the chief executive officer now owns 7,330 shares of the company’s stock, valued at $846,615. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Trade Desk news, Director Andrea Lee Cunningham sold 1,606 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $100.07, for a total transaction of $160,712.42. Following the transaction, the director now owns 3,516 shares in the company, valued at approximately $351,846.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey Terry Green sold 80,649 shares of Trade Desk stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $115.50, for a total transaction of $9,314,959.50. Following the sale, the chief executive officer now owns 7,330 shares of the company’s stock, valued at $846,615. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,556,542 shares of company stock valued at $169,961,824. 9.72% of the stock is currently owned by insiders.

Trade Desk Trading Down 0.5 %

TTD opened at $118.21 on Tuesday. The firm has a market cap of $58.11 billion, a price-to-earnings ratio of 236.42, a PEG ratio of 5.72 and a beta of 1.48. The Trade Desk, Inc. has a 12 month low of $60.23 and a 12 month high of $119.50. The stock has a fifty day moving average price of $107.58 and a 200-day moving average price of $97.52.

Trade Desk (NASDAQ:TTD) last announced its earnings results on Thursday, August 8th. The technology company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.03. Trade Desk had a net margin of 11.65% and a return on equity of 11.40%. The business had revenue of $584.55 million during the quarter, compared to the consensus estimate of $578.03 million. During the same period in the previous year, the company posted $0.07 earnings per share. The firm’s revenue was up 25.9% on a year-over-year basis. On average, equities research analysts forecast that The Trade Desk, Inc. will post 0.86 EPS for the current year.

Analyst Ratings Changes

Several research firms recently commented on TTD. Robert W. Baird lifted their price target on Trade Desk from $110.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 target price on shares of Trade Desk in a report on Monday, October 7th. Susquehanna increased their price target on Trade Desk from $110.00 to $135.00 and gave the company a “positive” rating in a report on Friday, August 9th. Citigroup boosted their price objective on shares of Trade Desk from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Finally, Macquarie raised their target price on shares of Trade Desk from $115.00 to $130.00 and gave the stock an “outperform” rating in a report on Friday, October 11th. One research analyst has rated the stock with a sell rating, four have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $112.97.

Trade Desk 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.