Values First Advisors Inc. Has $369,000 Holdings in The Trade Desk (NASDAQ:TTD)

Values First Advisors Inc. lessened its position in The Trade Desk (NASDAQ:TTD - Free Report) by 43.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,721 shares of the technology company's stock after selling 5,171 shares during the period. Values First Advisors Inc.'s holdings in Trade Desk were worth $369,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC grew its holdings in Trade Desk by 3,876.8% in the 1st quarter. GAMMA Investing LLC now owns 91,984 shares of the technology company's stock worth $5,033,000 after acquiring an additional 89,671 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of Trade Desk during the 1st quarter valued at about $995,000. Peregrine Capital Management LLC boosted its stake in shares of Trade Desk by 40.2% during the 1st quarter. Peregrine Capital Management LLC now owns 579,877 shares of the technology company's stock valued at $31,731,000 after purchasing an additional 166,332 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Trade Desk by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 42,670,254 shares of the technology company's stock valued at $5,015,035,000 after purchasing an additional 253,137 shares in the last quarter. Finally, Wealth Effects LLC boosted its stake in shares of Trade Desk by 11.5% during the 1st quarter. Wealth Effects LLC now owns 64,742 shares of the technology company's stock valued at $3,543,000 after purchasing an additional 6,684 shares in the last quarter. Institutional investors own 67.77% of the company's stock.

Trade Desk Stock Down 2.2%

NASDAQ TTD traded down $1.71 during trading hours on Friday, hitting $75.15. The company had a trading volume of 2,363,898 shares, compared to its average volume of 6,379,627. The Trade Desk has a fifty-two week low of $42.96 and a fifty-two week high of $141.53. The business has a fifty day simple moving average of $71.54 and a 200-day simple moving average of $78.95. The firm has a market cap of $36.93 billion, a P/E ratio of 91.62, a price-to-earnings-growth ratio of 3.47 and a beta of 1.36.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The technology company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.07. The company had revenue of $616.02 million for the quarter, compared to analyst estimates of $575.62 million. Trade Desk had a return on equity of 15.41% and a net margin of 16.04%. The company's quarterly revenue was up 25.4% compared to the same quarter last year. During the same period last year, the company earned $0.26 earnings per share. Equities analysts forecast that The Trade Desk will post 1.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on TTD. Needham & Company LLC reissued a "buy" rating and set a $84.00 price objective on shares of Trade Desk in a research note on Friday, June 6th. Oppenheimer boosted their price objective on shares of Trade Desk from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th. Citizens Jmp dropped their price objective on shares of Trade Desk from $115.00 to $100.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. DA Davidson dropped their price objective on shares of Trade Desk from $103.00 to $92.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Finally, Royal Bank Of Canada decreased their target price on shares of Trade Desk from $100.00 to $85.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Eight equities research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $97.27.

Insider Buying and Selling

In other Trade Desk news, CEO Jeffrey Terry Green sold 26,684 shares of Trade Desk stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $80.03, for a total value of $2,135,520.52. Following the transaction, the chief executive officer directly owned 17,018 shares of the company's stock, valued at $1,361,950.54. The trade was a 61.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David B. Wells sold 28,638 shares of Trade Desk stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $79.88, for a total value of $2,287,603.44. Following the completion of the transaction, the director directly owned 66,985 shares in the company, valued at approximately $5,350,761.80. This represents a 29.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. 9.74% of the stock is currently owned by company insiders.

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.