The Trade Desk, Inc. (NASDAQ:TTD) Shares Acquired by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC boosted its holdings in The Trade Desk, Inc. (NASDAQ:TTD) by 2.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,639 shares of the technology company’s stock after acquiring an additional 143 shares during the period. Juncture Wealth Strategies LLC’s holdings in Trade Desk were worth $780,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Linden Thomas Advisory Services LLC raised its holdings in shares of Trade Desk by 6.5% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 24,394 shares of the technology company’s stock worth $2,867,000 after acquiring an additional 1,479 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Trade Desk by 16.8% in the 4th quarter. Geneos Wealth Management Inc. now owns 35,214 shares of the technology company’s stock valued at $4,139,000 after purchasing an additional 5,056 shares during the last quarter. Fifth Third Bancorp lifted its holdings in Trade Desk by 86.6% in the 4th quarter. Fifth Third Bancorp now owns 31,534 shares of the technology company’s stock valued at $3,706,000 after purchasing an additional 14,635 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Trade Desk during the 4th quarter worth about $63,000. Finally, Exchange Traded Concepts LLC acquired a new stake in shares of Trade Desk during the 4th quarter worth about $35,000. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, insider Jay R. Grant sold 18,524 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $119.35, for a total value of $2,210,839.40. Following the sale, the insider now directly owns 169,464 shares in the company, valued at approximately $20,225,528.40. This trade represents a 9.85 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Jeffrey Terry Green sold 18,207 shares of the business’s 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 disclosure for this sale can be found here. Insiders have sold 549,684 shares of company stock worth $68,444,576 over the last quarter. 9.72% of the stock is owned by corporate insiders.

Trade Desk Stock Up 0.7 %

Shares of NASDAQ TTD opened at $119.96 on Friday. The business has a 50 day moving average price of $125.84 and a two-hundred day moving average price of $113.56. The Trade Desk, Inc. has a fifty-two week low of $66.56 and a fifty-two week high of $141.53. The firm has a market cap of $59.21 billion, a PE ratio of 196.66, a price-to-earnings-growth ratio of 3.82 and a beta of 1.45.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, November 7th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.21). Trade Desk had a return on equity of 13.17% and a net margin of 13.34%. The company had revenue of $628.02 million during the quarter, compared to the consensus estimate of $619.89 million. During the same quarter last year, the firm posted $0.08 EPS. On average, analysts anticipate that The Trade Desk, Inc. will post 0.87 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Loop Capital upped their price objective on shares of Trade Desk from $120.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Morgan Stanley increased their price target on Trade Desk from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. UBS Group lifted their price objective on Trade Desk from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Wedbush increased their target price on Trade Desk from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Finally, Needham & Company LLC lifted their price target on Trade Desk from $115.00 to $125.00 and gave the company a “buy” rating in a report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $133.13.

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.