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Rep. Josh Gottheimer Sells The Trade Desk (NASDAQ:TTD) Shares

Trade Desk logo with Computer and Technology background

Key Points

  • Representative Josh Gottheimer sold shares of The Trade Desk (NASDAQ:TTD) for between $1,001 and $15,000 on September 11th, as disclosed on October 15th.
  • The Trade Desk missed earnings estimates in its last quarterly report, posting $0.18 EPS against an expected $0.42 and a revenue of $694.04 million, slightly above the target.
  • After a series of recent trades, institutional investors now hold 67.77% of The Trade Desk's stock, indicating strong institutional interest in the company.
  • Five stocks to consider instead of Trade Desk.

Representative Josh Gottheimer (D-New Jersey) recently sold shares of The Trade Desk NASDAQ: TTD. In a filing disclosed on October 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trade Desk stock on September 11th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Baldwin Insurance Group NASDAQ: BWIN on 9/23/2025.
  • Purchased $1,001 - $15,000 in shares of CommVault Systems NASDAQ: CVLT on 9/23/2025.
  • Purchased $1,001 - $15,000 in shares of Sysmex OTCMKTS: SSMXY on 9/22/2025.
  • Purchased $1,001 - $15,000 in shares of Independence Realty Trust NYSE: IRT on 9/22/2025.
  • Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 9/22/2025.
  • Sold $1,001 - $15,000 in shares of Diageo NYSE: DEO on 9/22/2025.
  • Purchased $1,001 - $15,000 in shares of Tandem Diabetes Care NASDAQ: TNDM on 9/22/2025.
  • Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 9/3/2025.
  • Purchased $1,001 - $15,000 in shares of Natera NASDAQ: NTRA on 8/22/2025.
  • Sold $1,001 - $15,000 in shares of Sysmex OTCMKTS: SSMXY on 8/21/2025.

Trade Desk Stock Performance

Trade Desk stock opened at $49.90 on Friday. The firm has a market cap of $24.40 billion, a price-to-earnings ratio of 60.12, a price-to-earnings-growth ratio of 2.73 and a beta of 1.38. The Trade Desk has a 1 year low of $42.96 and a 1 year high of $141.53. The firm's 50 day moving average price is $50.74 and its two-hundred day moving average price is $62.50.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.42 by ($0.24). The company had revenue of $694.04 million during the quarter, compared to analyst estimates of $686.00 million. Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The business's revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.39 earnings per share. Trade Desk has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that The Trade Desk will post 1.06 EPS for the current fiscal year.

Institutional Investors Weigh In On Trade Desk

Institutional investors have recently modified their holdings of the stock. Family Legacy Financial Solutions LLC increased its stake in shares of Trade Desk by 163.2% in the third quarter. Family Legacy Financial Solutions LLC now owns 500 shares of the technology company's stock worth $25,000 after acquiring an additional 310 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in shares of Trade Desk in the first quarter worth $26,000. Sound Income Strategies LLC increased its stake in shares of Trade Desk by 317.6% in the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock worth $26,000 after acquiring an additional 270 shares during the last quarter. Cloud Capital Management LLC acquired a new position in Trade Desk in the 1st quarter worth about $27,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Trade Desk in the 2nd quarter worth about $28,000. Institutional investors and hedge funds own 67.77% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TTD shares. Morgan Stanley cut Trade Desk from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $80.00 to $50.00 in a research note on Wednesday, September 10th. Citigroup reissued an "outperform" rating on shares of Trade Desk in a research report on Tuesday, September 30th. BTIG Research downgraded shares of Trade Desk from a "buy" rating to a "neutral" rating in a research report on Friday, August 8th. Royal Bank Of Canada lowered their price objective on shares of Trade Desk from $100.00 to $90.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Finally, Arete Research raised shares of Trade Desk to a "strong sell" rating in a research note on Monday, July 28th. Twenty-one equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $84.48.

Get Our Latest Report on Trade Desk

Insider Activity

In other Trade Desk news, Director Andrea Lee Cunningham sold 1,403 shares of the company's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the transaction, the director directly owned 5,035 shares of the company's stock, valued at $242,687. This represents a 21.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Jay R. Grant sold 51,290 shares of the stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the transaction, the insider owned 218,246 shares in the company, valued at $19,899,670.28. This represents a 19.03% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 10.00% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Trade Desk

(Get Free Report)

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.

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