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

Hantz Financial Services Inc. increased its stake in The Trade Desk, Inc. (NASDAQ:TTD) by 28.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,061 shares of the technology company’s stock after acquiring an additional 3,818 shares during the quarter. Hantz Financial Services Inc.’s holdings in Trade Desk were worth $2,005,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Forsta AP Fonden lifted its position in shares of Trade Desk by 1.0% in the 4th quarter. Forsta AP Fonden now owns 92,500 shares of the technology company’s stock worth $10,872,000 after purchasing an additional 900 shares during the period. BOCHK Asset Management Ltd raised its stake in Trade Desk by 271.3% during the fourth quarter. BOCHK Asset Management Ltd now owns 116,600 shares of the technology company’s stock worth $13,704,000 after buying an additional 85,200 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in Trade Desk by 8.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 121,609 shares of the technology company’s stock valued at $14,293,000 after buying an additional 9,973 shares during the period. Deane Retirement Strategies Inc. boosted its position in Trade Desk by 1.3% during the fourth quarter. Deane Retirement Strategies Inc. now owns 33,015 shares of the technology company’s stock valued at $3,880,000 after acquiring an additional 423 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its holdings in Trade Desk by 21.6% during the 4th quarter. Perigon Wealth Management LLC now owns 5,581 shares of the technology company’s stock worth $674,000 after acquiring an additional 992 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Jay R. Grant sold 18,524 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $119.35, for a total value of $2,210,839.40. Following the completion of the transaction, the insider now directly owns 169,464 shares of the company’s stock, valued at approximately $20,225,528.40. This trade represents a 9.85 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Samantha Jacobson sold 4,298 shares of Trade Desk stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $118.56, for a total transaction of $509,570.88. Following the completion of the transaction, the insider now owns 90,709 shares of the company’s stock, valued at $10,754,459.04. This represents a 4.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 553,982 shares of company stock valued at $68,954,147 in the last 90 days. Insiders own 9.72% of the company’s stock.

Trade Desk Stock Performance

TTD opened at $118.94 on Friday. The firm has a market cap of $58.71 billion, a P/E ratio of 194.98, a PEG ratio of 3.82 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. The firm has a 50-day moving average of $125.70 and a 200 day moving average of $114.05.

Trade Desk (NASDAQ:TTD) last issued its quarterly earnings results on Thursday, November 7th. The technology company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.21). Trade Desk had a return on equity of 13.17% and a net margin of 13.34%. The company had revenue of $628.02 million for the quarter, compared to analysts’ expectations of $619.89 million. During the same quarter in the previous year, the business earned $0.08 EPS. Equities research analysts predict that The Trade Desk, Inc. will post 0.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TTD shares. Citizens Jmp upgraded Trade Desk to a “strong-buy” rating in a research report on Tuesday, January 21st. Oppenheimer increased their price target on Trade Desk from $120.00 to $135.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 price objective on shares of Trade Desk in a research note on Monday, October 7th. Susquehanna reissued a “positive” rating and set a $150.00 target price on shares of Trade Desk in a research note on Thursday, November 21st. Finally, StockNews.com downgraded shares of Trade Desk from a “buy” rating to a “hold” rating in a research note on Saturday, November 30th. One research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Trade Desk currently has an average rating of “Moderate Buy” and an average target price 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.