What Does Wall Street Say about The Trade Desk, Inc. (NASDAQ:TTD)?

Wednesday, 15 Nov, 2017

(NASDAQ:TTD) has an average volume of 972.84 Million. Sumitomo Mitsui Asset Management Company LTD now owns 1,196,045 shares of the technology company's stock worth $59,933,000 after buying an additional 529,645 shares in the last quarter.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.

On a similar note, analysts expect EPS of $0.44 in October 2017 quarter and $0.41 in January 2018 quarter, representing 22.22% and 7.89% growth, respectively.

ALLIANCEBERNSTEIN L.P. raised its stake in The Trade Desk, Inc. The company's past year sales total was 72410. Following the sale, the insider now directly owns 127,736 shares in the company, valued at $6,375,303.76. Quantbot Technologies LP increased its position in shares of The Trade Desk by 22.9% during the second quarter. During the same quarter in the prior year, the company earned $0.24 EPS.

Several other institutional investors have also sold shares of the company. The correct version of this report can be read at https://weekherald.com/2017/11/15/the-trade-desk-inc-ttd-holdings-cut-by-sumitomo-mitsui-asset-management-company-ltd.html. Jefferies Group LLC reiterated a "buy" rating and issued a $60.00 target price (up from $57.00) on shares of The Trade Desk in a research report on Friday, August 11th. Finally, FMR LLC lifted its stake in The Trade Desk by 2,598.3% in the 1st quarter. Vetr cut The Trade Desk from a "strong-buy" rating to a "buy" rating and set a $71.92 price objective on the stock.in a report on Tuesday, October 31st. Zacks Investment Research lowered shares of The Trade Desk from a "buy" rating to a "hold" rating in a research note on Friday, October 13th. Susquehanna Bancshares Inc reiterated a "positive" rating and issued a $66.00 target price on shares of The Trade Desk in a research report on Thursday, September 7th. Out of 9 total analysts who were surveyed, 3 rated it a Moderate Buy, 1 rated it hold, and 5 rated it a Strong Buy. If the published price targets set by HP Inc. analysts have any power to influence the stock's share price, the highest price target set for HPQ is $26.

COPYRIGHT VIOLATION WARNING: "The Trade Desk Inc. (TTD)" was originally reported by TrueBlueTribune and is the sole property of of TrueBlueTribune. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of US and global copyright and trademark law. The company rocked its 52-Week High of $67.3 and touched its 52-Week Low of $24.8. (NASDAQ:TTD) has a 20-Day average volume of 1.21 Million. The Trade Desk Inc. The firm has a market capitalization of $2,079.58, a P/E ratio of 49.03 and a beta of 7.32. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer demand. (NASDAQ:TTD) has became attention seeker from the inquisitor when it experienced a change of -13.98%.Whereas, in last 21 trading days was -21.92% and moved up in last 63 trading days of -4.93%. The company's price to sales ratio for trailing twelve months is 3.61 and price to book ratio for most recent quarter is 1.85, whereas price to cash per share for the most recent quarter is 2.62. The business had revenue of $79.40 million for the quarter, compared to analyst estimates of $76.84 million. The Trade Desk had a return on equity of 25.60% and a net margin of 15.93%. The company's revenue for the quarter was up 49.8% compared to the same quarter a year ago. The shares were sold at an average price of $49.91, for a total value of $3,743,250.00. Following the completion of the transaction, the chief executive officer now directly owns 99,400 shares in the company, valued at $6,586,244. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The stock was sold at an average price of $61.90, for a total value of $475,949.10. The disclosure for this sale can be found here. Can now owns 2,838 shares of the technology company's stock valued at $165,000 after acquiring an additional 1,038 shares during the last quarter. FMR LLC now owns 1,575,792 shares of the technology company's stock worth $78,963,000 after buying an additional 178,092 shares in the last quarter.