Grandview Asset Management LLC Has $611,000 Stock Holdings in The Trade Desk, Inc. (NASDAQ:TTD)

Grandview Asset Management LLC raised its position in The Trade Desk, Inc. (NASDAQ:TTD) by 15.0% in the 4th quarter, Holdings Channel reports. The firm owned 5,199 shares of the technology company’s stock after buying an additional 679 shares during the period. Grandview Asset Management LLC’s holdings in Trade Desk were worth $611,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. CAP Partners LLC increased its position in shares of Trade Desk by 1.4% in the 3rd quarter. CAP Partners LLC now owns 6,403 shares of the technology company’s stock valued at $702,000 after buying an additional 86 shares in the last quarter. RMR Wealth Builders increased its holdings in shares of Trade Desk by 0.8% in the fourth quarter. RMR Wealth Builders now owns 10,613 shares of the technology company’s stock worth $1,247,000 after acquiring an additional 89 shares in the last quarter. Allworth Financial LP raised its position in shares of Trade Desk by 2.7% during the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company’s stock worth $410,000 after purchasing an additional 97 shares during the period. Parisi Gray Wealth Management lifted its holdings in shares of Trade Desk by 2.2% during the 4th quarter. Parisi Gray Wealth Management now owns 4,534 shares of the technology company’s stock valued at $533,000 after purchasing an additional 99 shares in the last quarter. Finally, Avior Wealth Management LLC grew its position in shares of Trade Desk by 37.7% in the 3rd quarter. Avior Wealth Management LLC now owns 365 shares of the technology company’s stock valued at $40,000 after purchasing an additional 100 shares during the period. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TTD has been the topic of a number of research reports. BTIG Research lifted their price target on shares of Trade Desk from $114.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Citigroup upped their target price on shares of Trade Desk from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. StockNews.com downgraded Trade Desk from a “buy” rating to a “hold” rating in a research note on Saturday, November 30th. DA Davidson upped their price objective on Trade Desk from $108.00 to $134.00 and gave the stock a “buy” rating in a research report on Monday, November 11th. Finally, Stifel Nicolaus lifted their target price on Trade Desk from $111.00 to $136.00 and gave the company a “buy” rating in a research report on Monday, October 14th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and twenty-four have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $130.76.

Insider Buying and Selling at Trade Desk

In other Trade Desk news, Director Gokul Rajaram sold 1,355 shares of Trade Desk stock in a transaction dated Monday, October 21st. The shares were sold at an average price of $117.89, for a total value of $159,740.95. Following the completion of the sale, the director now owns 28,636 shares in the company, valued at $3,375,898.04. The trade was a 4.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey Terry Green sold 18,207 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $125.44, for a total transaction of $2,283,886.08. Following the transaction, the chief executive officer now owns 704,229 shares in the company, valued at approximately $88,338,485.76. The trade was a 2.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 38,086 shares of company stock valued at $4,654,466 in the last three months. 9.72% of the stock is currently owned by company insiders.

Trade Desk Price Performance

Shares of TTD opened at $117.89 on Tuesday. The company’s 50-day moving average is $126.72 and its 200-day moving average is $112.13. The firm has a market capitalization of $58.19 billion, a PE ratio of 193.26, a PEG ratio of 6.00 and a beta of 1.45. The Trade Desk, Inc. has a fifty-two week low of $61.47 and a fifty-two week high of $141.53.

About Trade Desk

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.