Aptus Capital Advisors LLC Has $451,000 Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

Aptus Capital Advisors LLC raised its holdings in The Trade Desk, Inc. (NASDAQ:TTD) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 4,116 shares of the technology company’s stock after acquiring an additional 144 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Trade Desk were worth $451,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its stake in shares of Trade Desk by 2.7% in the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company’s stock valued at $410,000 after buying an additional 97 shares in the last quarter. Apella Capital LLC raised its position in Trade Desk by 1.9% in the second quarter. Apella Capital LLC now owns 5,384 shares of the technology company’s stock worth $547,000 after acquiring an additional 100 shares during the period. HM Payson & Co. raised its position in Trade Desk by 1.0% in the third quarter. HM Payson & Co. now owns 9,875 shares of the technology company’s stock worth $1,083,000 after acquiring an additional 102 shares during the period. Wealth Alliance raised its position in Trade Desk by 0.6% in the second quarter. Wealth Alliance now owns 18,535 shares of the technology company’s stock worth $1,810,000 after acquiring an additional 106 shares during the period. Finally, Parisi Gray Wealth Management raised its position in Trade Desk by 2.6% in the third quarter. Parisi Gray Wealth Management now owns 4,435 shares of the technology company’s stock worth $486,000 after acquiring an additional 111 shares during the period. 67.77% of the stock is owned by institutional investors.

Trade Desk Trading Down 6.1 %

NASDAQ TTD opened at $118.15 on Friday. The stock has a market cap of $58.08 billion, a PE ratio of 193.69, a P/E/G ratio of 6.07 and a beta of 1.47. The Trade Desk, Inc. has a twelve month low of $61.47 and a twelve month high of $132.65. The stock has a fifty day simple moving average of $115.25 and a 200-day simple moving average of $102.49.

Insider Activity at Trade Desk

In other news, CEO Jeffrey Terry Green sold 135,922 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The stock was sold at an average price of $103.72, for a total transaction of $14,097,829.84. Following the sale, the chief executive officer now owns 664,261 shares of the company’s stock, valued at approximately $68,897,150.92. This trade represents a 16.99 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gokul Rajaram sold 1,355 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of $117.89, for a total value of $159,740.95. Following the sale, the director now directly owns 28,636 shares in the company, valued at $3,375,898.04. This trade represents a 4.52 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,548,289 shares of company stock worth $169,165,185 in the last three months. 9.72% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have commented on TTD shares. Moffett Nathanson started coverage on shares of Trade Desk in a research report on Monday, September 23rd. They issued a “neutral” rating and a $100.00 price objective on the stock. Evercore ISI raised shares of Trade Desk to a “strong-buy” rating in a research report on Tuesday, August 6th. Wedbush lifted their price objective on shares of Trade Desk from $115.00 to $135.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Macquarie boosted their price target on shares of Trade Desk from $130.00 to $133.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Finally, UBS Group boosted their price target on shares of Trade Desk from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, November 8th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.65.

About Trade Desk

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.