The Trade Desk, Inc. (NASDAQ:TTD) Shares Purchased by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. raised its stake in The Trade Desk, Inc. (NASDAQ:TTD - Free Report) by 74.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,707 shares of the technology company's stock after buying an additional 4,138 shares during the period. Coldstream Capital Management Inc.'s holdings in Trade Desk were worth $1,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of TTD. CAP Partners LLC lifted its position in shares of Trade Desk by 1.4% in the 3rd quarter. CAP Partners LLC now owns 6,403 shares of the technology company's stock worth $702,000 after purchasing an additional 86 shares during the period. Allworth Financial LP lifted its holdings in Trade Desk by 2.7% during the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company's stock worth $410,000 after buying an additional 97 shares during the period. Avior Wealth Management LLC increased its holdings in shares of Trade Desk by 37.7% in the 3rd quarter. Avior Wealth Management LLC now owns 365 shares of the technology company's stock valued at $40,000 after acquiring an additional 100 shares during the period. HM Payson & Co. raised its position in shares of Trade Desk by 1.0% in the 3rd 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 in the last quarter. Finally, Wealth Alliance lifted its stake in shares of Trade Desk by 0.6% during the 2nd quarter. Wealth Alliance now owns 18,535 shares of the technology company's stock worth $1,810,000 after purchasing an additional 106 shares during the last quarter. Institutional investors own 67.77% of the company's stock.

Analysts Set New Price Targets

TTD has been the subject of a number of recent research reports. Macquarie boosted their target price on shares of Trade Desk from $133.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, November 22nd. Loop Capital increased their target price on shares of Trade Desk from $120.00 to $145.00 and gave the company a "buy" rating in a research report on Monday, November 11th. Wells Fargo & Company initiated coverage on shares of Trade Desk in a research note on Monday, October 28th. They issued an "overweight" rating and a $150.00 target price for the company. Piper Sandler reaffirmed an "overweight" rating and set a $140.00 price target (up from $110.00) on shares of Trade Desk in a research report on Friday, November 8th. Finally, StockNews.com downgraded Trade Desk from a "buy" rating to a "hold" rating in a research note on Saturday, November 30th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-five have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $124.94.

Insider Buying and Selling at Trade Desk

In related news, Director Gokul Rajaram sold 1,355 shares of Trade Desk stock in a transaction dated Tuesday, September 24th. The stock was sold at an average price of $109.00, for a total value of $147,695.00. Following the sale, the director now directly owns 29,991 shares in the company, valued at approximately $3,269,019. The trade was a 4.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Jay R. Grant sold 20,579 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $108.65, for a total value of $2,235,908.35. Following the transaction, the insider now directly owns 178,853 shares of the company's stock, valued at $19,432,378.45. The trade was a 10.32 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,128,938 shares of company stock valued at $125,534,054. Company insiders own 9.72% of the company's stock.

Trade Desk Stock Down 0.9 %

Shares of NASDAQ:TTD traded down $1.15 during trading on Friday, reaching $132.42. 3,166,156 shares of the company's stock traded hands, compared to its average volume of 3,832,597. The Trade Desk, Inc. has a fifty-two week low of $61.47 and a fifty-two week high of $141.53. The company has a 50-day simple moving average of $124.59 and a 200-day simple moving average of $108.10. The firm has a market cap of $65.36 billion, a PE ratio of 217.08, a P/E/G ratio of 6.08 and a beta of 1.43.

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.