Hantz Financial Services Inc. Has $2.01 Million Stock Position in The Trade Desk, Inc. (NASDAQ:TTD)

Hantz Financial Services Inc. boosted its position in The Trade Desk, Inc. (NASDAQ:TTD - Free Report) by 28.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,061 shares of the technology company's stock after purchasing an additional 3,818 shares during the period. Hantz Financial Services Inc.'s holdings in Trade Desk were worth $2,005,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TTD. Harbor Investment Advisory LLC lifted its stake in Trade Desk by 68.8% during the fourth quarter. Harbor Investment Advisory LLC now owns 287 shares of the technology company's stock valued at $34,000 after purchasing an additional 117 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Trade Desk during the 4th quarter valued at $35,000. Avior Wealth Management LLC lifted its position in shares of Trade Desk by 37.7% during 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 last quarter. Quarry LP bought a new stake in shares of Trade Desk during the 2nd quarter worth $41,000. Finally, Brown Lisle Cummings Inc. grew its holdings in shares of Trade Desk by 66.7% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 375 shares of the technology company's stock worth $41,000 after acquiring an additional 150 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Trading Down 0.5 %

NASDAQ:TTD traded down $0.55 during mid-day trading on Monday, hitting $118.13. The company's stock had a trading volume of 2,609,828 shares, compared to its average volume of 3,409,933. The stock has a fifty day moving average of $125.48 and a 200-day moving average of $114.40. The company has a market capitalization of $58.30 billion, a price-to-earnings ratio of 194.08, a P/E/G ratio of 3.75 and a beta of 1.45. The Trade Desk, Inc. has a fifty-two week low of $66.56 and a fifty-two week high of $141.53.

Trade Desk (NASDAQ:TTD - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The technology company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.21). The firm had revenue of $628.02 million for the quarter, compared to analyst estimates 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 business posted $0.08 EPS. On average, equities analysts anticipate that The Trade Desk, Inc. will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, 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 transaction, the chief executive officer now directly owns 704,229 shares in the company, valued at approximately $88,338,485.76. The trade was a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Samantha Jacobson sold 4,298 shares of Trade Desk stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $118.56, for a total value of $509,570.88. Following the transaction, the insider now owns 90,709 shares in the company, valued at $10,754,459.04. This trade represents a 4.52 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 553,982 shares of company stock valued at $68,954,147. 9.72% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on TTD shares. Loop Capital upped their price target 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. Wolfe Research increased their target price on Trade Desk from $140.00 to $155.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Evercore ISI lifted their price target on Trade Desk from $110.00 to $135.00 and gave the company an "outperform" rating in a report on Thursday, November 21st. BMO Capital Markets increased their price objective on Trade Desk from $125.00 to $160.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 15th. Finally, DA Davidson lifted their target price on Trade Desk from $108.00 to $134.00 and gave the company a "buy" rating in a research note on Monday, November 11th. One research 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 issued a strong buy rating to the company's stock. According to MarketBeat.com, Trade Desk presently has a consensus rating of "Moderate Buy" and a consensus price target 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.