Representative Jefferson Shreve (R-Indiana) recently bought shares of The Trade Desk NASDAQ: TTD. In a filing disclosed on June 22nd, the Representative disclosed that they had bought between $15,001 and $50,000 in Trade Desk stock on May 8th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
Trade Desk Stock Performance
Shares of NASDAQ:TTD traded up $1.14 during trading on Friday, reaching $86.14. 6,028,690 shares of the stock were exchanged, compared to its average volume of 14,512,962. The Trade Desk has a 12-month low of $42.96 and a 12-month high of $141.53. The firm has a market cap of $42.33 billion, a price-to-earnings ratio of 105.05, a price-to-earnings-growth ratio of 3.86 and a beta of 1.36. The firm's 50-day moving average price is $74.30 and its 200 day moving average price is $76.13.
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 firm had revenue of $616.02 million during the quarter, compared to the consensus estimate of $575.62 million. Trade Desk had a return on equity of 15.41% and a net margin of 16.04%. Trade Desk's revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. As a group, equities research analysts forecast that The Trade Desk will post 1.06 EPS for the current year.
Wall Street Analysts Forecast Growth
TTD has been the topic of several recent research reports. Guggenheim cut their target price on Trade Desk from $110.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Oppenheimer boosted their price objective on Trade Desk from $75.00 to $80.00 and gave the stock an "outperform" rating in a research note on Friday, May 9th. HSBC set a $75.00 price target on Trade Desk and gave the company a "buy" rating in a research note on Wednesday, April 23rd. Wedbush reaffirmed an "outperform" rating and set a $86.00 price objective on shares of Trade Desk in a research note on Tuesday, July 15th. Finally, Evercore ISI raised Trade Desk from an "in-line" rating to an "outperform" rating and set a $90.00 price target on the stock in a research note on Friday, June 27th. Eight analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. According to data from MarketBeat, Trade Desk currently has a consensus rating of "Moderate Buy" and an average target price of $98.73.
View Our Latest Research Report on TTD
Insider Buying and Selling at Trade Desk
In other Trade Desk news, CEO Jeffrey Terry Green sold 26,684 shares of the firm's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $80.03, for a total transaction of $2,135,520.52. Following the transaction, the chief executive officer directly owned 17,018 shares of the company's stock, valued at approximately $1,361,950.54. This trade represents a 61.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David B. Wells sold 28,638 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $79.88, for a total transaction of $2,287,603.44. Following the transaction, the director directly owned 66,985 shares in the company, valued at $5,350,761.80. The trade was a 29.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.74% of the company's stock.
Institutional Investors Weigh In On Trade Desk
Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Trade Desk by 3.7% in the 1st quarter. Vanguard Group Inc. now owns 44,237,745 shares of the technology company's stock valued at $2,420,689,000 after buying an additional 1,567,491 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Trade Desk by 198.4% in the 1st quarter. Brown Advisory Inc. now owns 8,102,294 shares of the technology company's stock valued at $443,358,000 after buying an additional 5,387,339 shares during the last quarter. Invesco Ltd. grew its position in shares of Trade Desk by 2.6% in the 4th quarter. Invesco Ltd. now owns 7,916,932 shares of the technology company's stock valued at $930,477,000 after buying an additional 198,822 shares during the last quarter. Norges Bank purchased a new position in shares of Trade Desk in the 4th quarter valued at $524,187,000. Finally, FMR LLC grew its position in shares of Trade Desk by 44.8% in the 4th quarter. FMR LLC now owns 3,788,285 shares of the technology company's stock valued at $445,237,000 after buying an additional 1,172,082 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
Trade Desk Company Profile
(
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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