Global Retirement Partners LLC Has $674,000 Stock Holdings in The Trade Desk, Inc. (NASDAQ:TTD)

Global Retirement Partners LLC trimmed its holdings in shares of The Trade Desk, Inc. (NASDAQ:TTD) by 13.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,150 shares of the technology company’s stock after selling 925 shares during the quarter. Global Retirement Partners LLC’s holdings in Trade Desk were worth $674,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

Several equities research analysts have issued reports on TTD shares. Macquarie raised their price target on Trade Desk from $115.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, October 11th. Robert W. Baird lifted their target price on Trade Desk from $110.00 to $130.00 and gave the stock an “outperform” rating in a report on Monday, August 12th. Moffett Nathanson began coverage on Trade Desk in a report on Monday, September 23rd. They set a “neutral” rating and a $100.00 target price for the company. Needham & Company LLC lifted their target price on Trade Desk from $115.00 to $125.00 and gave the stock a “buy” rating in a report on Tuesday, October 1st. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $110.00 target price on shares of Trade Desk in a report on Monday, October 7th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $112.97.

Insider Transactions at Trade Desk

In other Trade Desk news, CFO Laura Schenkein sold 3,130 shares of the company’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $99.33, for a total value of $310,902.90. Following the completion of the transaction, the chief financial officer now owns 693,953 shares in the company, valued at $68,930,351.49. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Jeffrey Terry Green sold 283,429 shares of the stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $104.20, for a total transaction of $29,533,301.80. Following the transaction, the chief executive officer now directly owns 380,832 shares in the company, valued at approximately $39,682,694.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Laura Schenkein sold 3,130 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $99.33, for a total value of $310,902.90. Following the transaction, the chief financial officer now owns 693,953 shares in the company, valued at $68,930,351.49. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,556,542 shares of company stock valued at $169,961,824 over the last ninety days. 9.72% of the stock is owned by company insiders.

Trade Desk Trading Up 1.0 %

NASDAQ:TTD opened at $118.76 on Monday. The stock’s 50-day moving average is $107.16 and its 200-day moving average is $97.28. The stock has a market cap of $58.38 billion, a P/E ratio of 237.52, a price-to-earnings-growth ratio of 5.72 and a beta of 1.48. The Trade Desk, Inc. has a 1-year low of $60.23 and a 1-year high of $119.43.

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

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.