Economy

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

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.



Like this

Latest


11 November 2017
Trump foreign aide claims he lied to Federal Bureau of Investigation to protect president
According to the court documents, Papadopoulos offered to set up a meeting between Trump and Vladimir Putin during the campaign. Trump has been very vocal about denying a connection between his campaign and Russian Federation .

11 November 2017
Two Stocks To Trade Now: NOW Inc. (DNOW), Mattel, Inc. (MAT)
The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The company has experienced volume of 2,371,769 shares while on average the company has a capacity of trading 949.25K share.

11 November 2017
Oh, Goodie: Sandra Bullock Set To Portray Wendy Davis In New Movie
Wendy Davis in " Let Her Speak ", under the provision she gets to work with a director she likes - reports Deadline . Abbott handily defeated the Democrat with 59.3 percent of the vote compared to her 38.9 percent.

11 November 2017
Hope Solo accuses ex-FIFA boss Sepp Blatter of sexual assault
In 2004, Blatter said the women's game could attract more viewers if they wore " tighter shorts " like volleyball players. In 2013, he called a female candidate for Fifa's executive committee "good, and good looking".

11 November 2017
Southwestern Energy Company (SWN) Trending Activity with Technical Depiction
Shares of Southwestern Energy Co. 433.26 million shares or 6.41% less from 462.91 million shares in 2017Q1 were reported. Perhaps, that suggests something about why 91.11% of the outstanding share supply is held by institutional investors.

10 November 2017
Women's Hoops Adds Top Recruit Christyn Williams for 2018-19!
UConn police said Adams and three of his friends were riding their scooters down Hillside Road, when Adams crashed his. As a freshman averaged 28.5 points and 10.0 rebounds, and had 36 points and 16 rebounds in her first game.

10 November 2017
Limited iPhone X Owners Experiencing a Green Line on the Display
It generally appears towards the right or left sides of the display, and sometimes it simply disappears altogether. A new issue apparently is cropping up where a thin lime green line is showing up along the edge of some displays.

10 November 2017
Oklahoma City Police chase stolen truck's driver down freeway, through fields
Officers approached the truck with guns drawn, and the man then took off, even running through water at times. Sky 5 was flying over the scene as the truck was going through a field and lost its trailer.

10 November 2017
The Royal Society urges the government to increase computer education
The new English, Welsh and Northern Irish GCSE in computer science saw entries rise from 60,146 in 2016 to 65,205 in 2017. However, the report found that it was hard to find skilled teachers and therefore more money would have to be spent.

10 November 2017
Pranksters Drown Out Live BBC Broadcast With Sex Noises
Remaining ever the professional, she ignored the noises altogether, but the same couldn't be said for those watching at home. A BBC Breakfast employee responded to one of the messages to claim that someone had been playing music.



Recommended