Robeco Institutional Asset Management B.V. Has $14.29 Million Position in The Trade Desk, Inc. (NASDAQ:TTD)

Robeco Institutional Asset Management B.V. boosted its holdings in The Trade Desk, Inc. (NASDAQ:TTD) by 8.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 121,609 shares of the technology company’s stock after buying an additional 9,973 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Trade Desk were worth $14,293,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Deane Retirement Strategies Inc. lifted its holdings in Trade Desk by 1.3% in the fourth quarter. Deane Retirement Strategies Inc. now owns 33,015 shares of the technology company’s stock valued at $3,880,000 after buying an additional 423 shares during the period. Perigon Wealth Management LLC raised its holdings in Trade Desk by 21.6% in the fourth quarter. Perigon Wealth Management LLC now owns 5,581 shares of the technology company’s stock worth $674,000 after purchasing an additional 992 shares during the period. Cherry Creek Investment Advisors Inc. raised its holdings in Trade Desk by 10.3% in the fourth quarter. Cherry Creek Investment Advisors Inc. now owns 52,144 shares of the technology company’s stock worth $6,128,000 after purchasing an additional 4,878 shares during the period. Pacer Advisors Inc. raised its holdings in Trade Desk by 4.2% in the fourth quarter. Pacer Advisors Inc. now owns 23,326 shares of the technology company’s stock worth $2,742,000 after purchasing an additional 937 shares during the period. Finally, Cornerstone Wealth Group LLC acquired a new stake in Trade Desk in the fourth quarter worth $485,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Trade Desk news, insider Jay R. Grant sold 18,524 shares of Trade Desk stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $119.35, for a total value of $2,210,839.40. Following the completion of the sale, the insider now owns 169,464 shares in the company, valued at $20,225,528.40. The trade was a 9.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey Terry Green sold 18,207 shares of Trade Desk stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $125.44, for a total transaction of $2,283,886.08. Following the completion of the sale, the chief executive officer now owns 704,229 shares of the company’s stock, valued at $88,338,485.76. This trade represents a 2.52 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 553,982 shares of company stock valued at $68,954,147. Company insiders own 9.72% of the company’s stock.

Trade Desk Price Performance

Shares of TTD opened at $118.68 on Friday. The firm has a 50-day moving average of $125.48 and a 200-day moving average of $114.18. The Trade Desk, Inc. has a one year low of $66.56 and a one year high of $141.53. The company has a market cap of $58.58 billion, a PE ratio of 194.56, a price-to-earnings-growth ratio of 3.88 and a beta of 1.45.

Trade Desk (NASDAQ:TTD) last announced 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 company had revenue of $628.02 million for the quarter, compared to the consensus estimate of $619.89 million. Trade Desk had a return on equity of 13.17% and a net margin of 13.34%. During the same period in the previous year, the firm posted $0.08 EPS. Analysts expect that The Trade Desk, Inc. will post 0.87 earnings per share for the current year.

Analyst Ratings Changes

TTD has been the topic of several analyst reports. Susquehanna reiterated a “positive” rating and issued a $150.00 target price on shares of Trade Desk in a report on Thursday, November 21st. Citizens Jmp upgraded shares of Trade Desk to a “strong-buy” rating in a report on Tuesday, January 21st. Wedbush increased their target price on shares of Trade Desk from $135.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Citigroup increased their target price on shares of Trade Desk from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Finally, Evercore ISI increased their target price on shares of Trade Desk from $110.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, Trade Desk has a consensus rating of “Moderate Buy” and a consensus target price 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.