Savant Capital LLC Sells 90 Shares of The Trade Desk, Inc. (NASDAQ:TTD)

Savant Capital LLC decreased its position in shares of The Trade Desk, Inc. (NASDAQ:TTD) by 0.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 53,650 shares of the technology company’s stock after selling 90 shares during the quarter. Savant Capital LLC’s holdings in Trade Desk were worth $6,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in TTD. 17 Capital Partners LLC increased its position in shares of Trade Desk by 3.1% in the fourth quarter. 17 Capital Partners LLC now owns 4,809 shares of the technology company’s stock worth $565,000 after purchasing an additional 145 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of Trade Desk by 15.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 12,263 shares of the technology company’s stock worth $1,441,000 after purchasing an additional 1,613 shares during the period. Stephens Inc. AR increased its position in shares of Trade Desk by 16.2% in the fourth quarter. Stephens Inc. AR now owns 9,228 shares of the technology company’s stock worth $1,085,000 after purchasing an additional 1,284 shares during the period. Stephens Investment Management Group LLC increased its position in shares of Trade Desk by 8.5% in the fourth quarter. Stephens Investment Management Group LLC now owns 176,907 shares of the technology company’s stock worth $20,792,000 after purchasing an additional 13,823 shares during the period. Finally, Quotient Wealth Partners LLC increased its position in shares of Trade Desk by 4.2% in the fourth quarter. Quotient Wealth Partners LLC now owns 2,347 shares of the technology company’s stock worth $276,000 after purchasing an additional 94 shares during the period. Institutional investors own 67.77% of the company’s stock.

Insider Buying and Selling

In other Trade Desk news, insider Samantha Jacobson sold 4,298 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $118.56, for a total value of $509,570.88. Following the transaction, the insider now directly owns 90,709 shares of the company’s stock, valued at approximately $10,754,459.04. The trade was a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jay R. Grant sold 18,524 shares of the business’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 in the company, valued at approximately $20,225,528.40. This trade represents a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 41,029 shares of company stock valued at $5,004,296 over the last ninety days. 9.72% of the stock is owned by company insiders.

Trade Desk Price Performance

Trade Desk stock opened at $122.54 on Tuesday. The stock’s 50 day moving average is $123.92 and its 200 day moving average is $115.30. The firm has a market cap of $60.48 billion, a P/E ratio of 200.89, a P/E/G ratio of 3.63 and a beta of 1.45. The Trade Desk, Inc. has a one year low of $70.71 and a one year high of $141.53.

Analyst Ratings Changes

TTD has been the topic of a number of recent analyst reports. Piper Sandler restated an “overweight” rating and issued a $140.00 price target (up previously from $110.00) on shares of Trade Desk in a research report on Friday, November 8th. Morgan Stanley lifted their target price on Trade Desk from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. DA Davidson lifted their target price on Trade Desk from $108.00 to $134.00 and gave the company a “buy” rating in a research report on Monday, November 11th. JMP Securities began coverage on Trade Desk in a research report on Tuesday, January 21st. They issued a “mkt outperform” rating and a $150.00 target price on the stock. Finally, Wolfe Research lifted their target price on Trade Desk from $140.00 to $155.00 and gave the company an “outperform” rating in a research report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twenty-four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Trade Desk presently has a consensus rating of “Moderate Buy” and a consensus target price of $133.20.

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.