Economy

The Trade Desk, Inc. (NASDAQ:TTD) To Release Earnings

Other hedge funds also recently modified their holdings of the company.

Desk said adjusted third-quarter earnings were 35 cents a share, up 46% from a year ago, with revenue rising almost 50% to $79.4 million, topping consensus estimates. Over the last week of the month, it was -7.46%, 8.87% over the last quarter, and 14.22% for the past six months. BNP Paribas Arbitrage SA now owns 2,334 shares of the technology company's stock worth $117,000 after buying an additional 2,029 shares during the period.

We can find out a lot about how a publicly-traded company is performing by checking out the buying and selling activity of that company's insiders, which is a term that refers to senior officers and directors of a company - or any person or entity owning over a ten percent portion of the total voting shares. Advisor Group Inc. grew its stake in The Trade Desk by 9,856.5% in the 2nd quarter. HAP Trading LLC bought a new stake in The Trade Desk during the 3rd quarter worth about $780,000. Advisor Group Inc. now owns 2,290 shares of the technology company's stock valued at $115,000 after buying an additional 2,267 shares during the last quarter.

A good way of getting an idea of how institutional investors view the value of a public company's stock is by checking out current active positions.

"TTD believes this slowdown is transitory and believes it remains well positioned going into 2018 as advertisers increasingly turn to programmatic and several key client wins in 2018", the analysts wrote. The Trade Desk was one of this year's biggest winners, up 114% through Thursday's close.

SunTrust Banks, Inc. reaffirmed their hold rating on shares of The Trade Desk Inc. BidaskClub upgraded The Trade Desk from a hold rating to a buy rating in a research note on Tuesday, September 12th. Finally, Jefferies Group LLC reissued a buy rating and set a $60.00 price target (up from $57.00) on shares of The Trade Desk in a research report on Friday, August 11th. Finally, Ameriprise Financial Inc. lifted its position in The Trade Desk by 52.1% during the 3rd quarter.

A disappointing fourth-quarter outlook from The Trade Desk ( TTD ) smacked its shares Friday as two bulls raised price targets nonetheless and touted overseas investments as a growth driver. At the moment, the average analyst price target is $64.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The biggest holder now is Mr. Jeffrey Terry Green who owns 108,400 shares (0.27% of those outstanding), whilst Mr. Robert D Perdue holds 77,566 (0.19% of shares outstanding) and Paul E. Ross holds 49,746 (0.12% of shares outstanding). Following the transaction, the chief operating officer now owns 82,409 shares of the company's stock, valued at approximately $5,345,871.83. The disclosure for this sale can be found here.

Day traders strive to make money by exploiting minute price movements in individual assets (usually stocks, though currencies, futures, and options are traded as well), usually leveraging large amounts of capital to do so, therefore they trade on Stocks in Play.

Peering into institutional ownership at The Trade Desk, Inc. (NASDAQ:TTD) in a report issued on Monday. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and worldwide copyright legislation. The stock has slashed -0.69% to a low over the previous 12 months and showed declining move -37.53% to a high over the same period. (NASDAQ:TTD) traded down $2.37 during trading on Thursday, hitting $59.28. 1,926,987 shares of the stock traded hands, compared to its average volume of 868,668. The stock has a market cap of $2,514.09, a P/E ratio of 58.71 and a beta of 7.32. The Trade Desk Inc.

The Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 10th. The technology company reported $0.35 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.20 by $0.15.

Revenue rose 50%, to $79.4 million for the quarter, well ahead of the $76 million it was targeting three months ago. The Trade Desk had a return on equity of 26.34% and a net margin of 13.92%. The business's quarterly revenue was up 54.2% compared to the same quarter last year. equities analysts forecast that The Trade Desk will post 1.16 earnings per share for the current fiscal year. After a recent check, The Trade Desk, Inc.



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