Stiles Financial Services Inc Has $675,000 Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

Stiles Financial Services Inc lessened its holdings in The Trade Desk, Inc. (NASDAQ:TTD) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,740 shares of the technology company’s stock after selling 300 shares during the period. Stiles Financial Services Inc’s holdings in Trade Desk were worth $675,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Harbor Investment Advisory LLC lifted its position in shares of Trade Desk by 68.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 287 shares of the technology company’s stock worth $34,000 after buying an additional 117 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of Trade Desk in the 4th quarter valued at approximately $34,000. Exchange Traded Concepts LLC bought a new position in shares of Trade Desk in the 4th quarter valued at approximately $35,000. Avior Wealth Management LLC lifted its holdings in Trade Desk by 37.7% in the 3rd quarter. Avior Wealth Management LLC now owns 365 shares of the technology company’s stock worth $40,000 after purchasing an additional 100 shares during the last quarter. Finally, Brown Lisle Cummings Inc. boosted its position in Trade Desk by 66.7% during the third quarter. Brown Lisle Cummings Inc. now owns 375 shares of the technology company’s stock worth $41,000 after purchasing an additional 150 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Trade Desk Price Performance

Shares of TTD stock opened at $117.29 on Monday. The stock’s fifty day simple moving average is $124.17 and its 200 day simple moving average is $115.07. The Trade Desk, Inc. has a one year low of $68.65 and a one year high of $141.53. The firm has a market cap of $57.89 billion, a price-to-earnings ratio of 192.28, a P/E/G ratio of 3.63 and a beta of 1.45.

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

Insider Buying and Selling at Trade Desk

In other news, insider Samantha Jacobson sold 4,298 shares of Trade Desk stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $118.56, for a total value of $509,570.88. Following the completion of the transaction, the insider now owns 90,709 shares in the company, valued at approximately $10,754,459.04. The trade was a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Jeffrey Terry Green sold 18,207 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $125.44, for a total value of $2,283,886.08. Following the sale, the chief executive officer now owns 704,229 shares in the company, valued at approximately $88,338,485.76. This trade represents a 2.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 41,029 shares of company stock worth $5,004,296 over the last ninety days. Corporate insiders own 9.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on TTD. Truist Financial lifted their price target on shares of Trade Desk from $135.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, December 17th. Evercore ISI boosted their target price on shares of Trade Desk from $110.00 to $135.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Stifel Nicolaus upped their price target on shares of Trade Desk from $111.00 to $136.00 and gave the company a “buy” rating in a report on Monday, October 14th. Macquarie lifted their price objective on Trade Desk from $133.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, November 22nd. Finally, Loop Capital increased their target price on Trade Desk from $120.00 to $145.00 and gave the company a “buy” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, twenty-four have issued 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 a consensus target price of $133.13.

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.