Key Financial Inc Has $86,000 Stake in The Trade Desk, Inc. (NASDAQ:TTD)

Key Financial Inc raised its position in The Trade Desk, Inc. (NASDAQ:TTD) by 2,900.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,200 shares of the technology company’s stock after purchasing an additional 1,160 shares during the period. Key Financial Inc’s holdings in Trade Desk were worth $86,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in shares of Trade Desk during the 3rd quarter valued at $25,000. Catalyst Capital Advisors LLC acquired a new position in shares of Trade Desk during the 3rd quarter valued at $26,000. Cullen Frost Bankers Inc. acquired a new position in shares of Trade Desk during the 3rd quarter valued at $29,000. MUFG Americas Holdings Corp acquired a new position in shares of Trade Desk during the 3rd quarter valued at $30,000. Finally, Level Financial Advisors Inc. lifted its position in shares of Trade Desk by 50.0% during the 4th 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 during the period. Institutional investors and hedge funds 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 business’s stock in a transaction on 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 transaction, the chief executive officer now directly 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 the SEC website. In other Trade Desk news, Director Kathryn E. Falberg sold 103,030 shares of the business’s stock in a transaction on Friday, March 8th. The shares were sold at an average price of $81.90, for a total transaction of $8,438,157.00. Following the transaction, the director now directly owns 242,609 shares of the company’s stock, valued at approximately $19,869,677.10. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Jeffrey Terry Green sold 75,000 shares of the business’s stock in a transaction on 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 in the company, valued at approximately $126,905,976.99. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 492,170 shares of company stock valued at $41,250,398. 10.81% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on TTD. Oppenheimer upped their target price on shares of Trade Desk from $85.00 to $105.00 and gave the stock an “outperform” rating in a research note on Friday, February 16th. KeyCorp increased their price target on shares of Trade Desk from $84.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, February 16th. Susquehanna increased their price target on shares of Trade Desk from $75.00 to $110.00 and gave the company a “positive” rating in a research report on Friday, February 16th. Wells Fargo & Company increased their price target on shares of Trade Desk from $73.00 to $80.00 and gave the company an “overweight” rating in a research report on Wednesday, January 17th. Finally, Royal Bank of Canada increased their price target on shares of Trade Desk from $90.00 to $105.00 and gave the company an “outperform” rating in a research report on Friday, February 16th. Two equities 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.75.

Trade Desk Stock Up 0.0 %

Shares of NASDAQ TTD opened at $80.15 on Thursday. The Trade Desk, Inc. has a 52 week low of $59.36 and a 52 week high of $94.00. The firm’s fifty day moving average is $82.64 and its 200 day moving average is $75.63. The company has a market cap of $39.19 billion, a price-to-earnings ratio of 222.59, a PEG ratio of 4.53 and a beta of 1.50.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, February 15th. The technology company reported $0.19 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 firm had revenue of $605.80 million during the quarter, compared to analysts’ expectations of $582.61 million. Equities research analysts anticipate that The Trade Desk, Inc. will post 0.79 earnings per share for the current year.

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.