Empower Advisory Group LLC Has $1.37 Million Stock Holdings in The Trade Desk, Inc. (NASDAQ:TTD)

Empower Advisory Group LLC grew its position in The Trade Desk, Inc. (NASDAQ:TTD) by 91.2% during the 3rd quarter, Holdings Channel reports. The firm owned 12,454 shares of the technology company’s stock after purchasing an additional 5,942 shares during the quarter. Empower Advisory Group LLC’s holdings in Trade Desk were worth $1,366,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TTD. 1832 Asset Management L.P. acquired a new stake in shares of Trade Desk in the 1st quarter valued at $225,710,000. Baillie Gifford & Co. boosted its stake in shares of Trade Desk by 4.7% in the 3rd quarter. Baillie Gifford & Co. now owns 38,716,074 shares of the technology company’s stock valued at $4,245,218,000 after purchasing an additional 1,720,650 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Trade Desk by 10,856.6% in the 3rd quarter. International Assets Investment Management LLC now owns 1,572,820 shares of the technology company’s stock valued at $172,460,000 after purchasing an additional 1,558,465 shares in the last quarter. Marshall Wace LLP boosted its stake in shares of Trade Desk by 100.2% in the 2nd quarter. Marshall Wace LLP now owns 1,743,369 shares of the technology company’s stock valued at $170,275,000 after purchasing an additional 872,555 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its position in Trade Desk by 3,973.6% during the 2nd quarter. Acadian Asset Management LLC now owns 448,989 shares of the technology company’s stock worth $43,836,000 after buying an additional 437,967 shares in the last quarter. Institutional investors and hedge funds own 67.77% of the company’s stock.

Insiders Place Their Bets

In other news, Director Gokul Rajaram sold 1,355 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the sale, the director now owns 28,636 shares of the company’s stock, valued at approximately $3,375,898.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, insider Samantha Jacobson sold 4,872 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $99.50, for a total value of $484,764.00. Following the completion of the sale, the insider now owns 99,374 shares of the company’s stock, valued at approximately $9,887,713. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Gokul Rajaram sold 1,355 shares of the stock in a transaction on Monday, October 21st. The shares were sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the sale, the director now owns 28,636 shares in the company, valued at approximately $3,375,898.04. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,556,291 shares of company stock valued at $169,960,852 in the last quarter. 9.72% of the stock is currently owned by insiders.

Trade Desk Stock Down 3.0 %

NASDAQ:TTD opened at $127.25 on Thursday. The Trade Desk, Inc. has a twelve month low of $61.47 and a twelve month high of $132.65. The business has a 50 day moving average price of $114.45 and a two-hundred day moving average price of $102.09. The company has a market cap of $62.55 billion, a P/E ratio of 208.61, a price-to-earnings-growth ratio of 6.25 and a beta of 1.47.

Analyst Ratings Changes

Several research analysts recently issued reports on TTD shares. DA Davidson upped their price target on shares of Trade Desk from $108.00 to $134.00 and gave the stock a “buy” rating in a research report on Monday. Royal Bank of Canada upped their price target on shares of Trade Desk from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, August 9th. UBS Group upped their price target on shares of Trade Desk from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Evercore ISI upgraded shares of Trade Desk to a “strong-buy” rating in a research report on Tuesday, August 6th. Finally, Robert W. Baird upped their price target on shares of Trade Desk from $130.00 to $140.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Trade Desk currently has a consensus rating of “Moderate Buy” and a consensus target price of $122.65.

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.