Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trade Desk stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
Trade Desk Price Performance
TTD stock traded up $0.74 during trading on Friday, hitting $21.15. The stock had a trading volume of 17,520,734 shares, compared to its average volume of 19,396,406. The stock has a market capitalization of $9.94 billion, a P/E ratio of 24.03, a PEG ratio of 0.94 and a beta of 1.10. The company’s 50-day moving average price is $23.34 and its two-hundred day moving average price is $31.66. The Trade Desk has a twelve month low of $19.74 and a twelve month high of $91.45.
Trade Desk announced that its board has initiated a stock buyback program on Wednesday, February 25th that permits the company to repurchase $350.00 million in outstanding shares. This repurchase authorization permits the technology company to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Nicholas Company Inc. lifted its stake in Trade Desk by 14.3% during the fourth quarter. Nicholas Company Inc. now owns 1,016,743 shares of the technology company’s stock worth $38,596,000 after purchasing an additional 127,049 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Trade Desk by 62.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 173,743 shares of the technology company’s stock worth $8,515,000 after acquiring an additional 66,672 shares during the period. Jacobson & Schmitt Advisors LLC increased its position in shares of Trade Desk by 19.6% during the third quarter. Jacobson & Schmitt Advisors LLC now owns 289,574 shares of the technology company’s stock worth $14,192,000 after acquiring an additional 47,539 shares during the period. State of Michigan Retirement System purchased a new stake in shares of Trade Desk during the third quarter worth $5,906,000. Finally, Ashton Thomas Private Wealth LLC increased its position in shares of Trade Desk by 272.9% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 68,607 shares of the technology company’s stock worth $2,604,000 after acquiring an additional 50,209 shares during the period. 67.77% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Trade Desk
In other news, Director Kathryn E. Falberg sold 50,000 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $30.48, for a total transaction of $1,524,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 11.41% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on TTD. Wells Fargo & Company set a $20.00 target price on Trade Desk and gave the stock an “equal weight” rating in a report on Friday, May 8th. Needham & Company LLC lowered their target price on Trade Desk from $32.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Rosenblatt Securities decreased their price objective on Trade Desk from $25.00 to $24.00 and set a “neutral” rating on the stock in a report on Friday, May 8th. HSBC cut Trade Desk from a “buy” rating to a “reduce” rating and set a $20.00 price objective on the stock. in a report on Monday, May 11th. Finally, Citigroup reiterated a “neutral” rating on shares of Trade Desk in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $36.29.
Get Our Latest Analysis on Trade Desk
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About Trade Desk
The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.
Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.
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