Trade Desk (NASDAQ:TTD) Shares Sold by Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trade Desk stock on September 18th. 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 $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

Trade Desk Price Performance

TTD opened at $12.17 on Wednesday. The Trade Desk has a fifty-two week low of $11.62 and a fifty-two week high of $55.11. The firm has a market capitalization of $5.72 billion, a PE ratio of 14.49, a P/E/G ratio of 1.34 and a beta of 1.00. The company’s 50-day moving average is $13.56 and its 200 day moving average is $18.06.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.06). The business had revenue of $715.06 million during the quarter, compared to the consensus estimate of $752.41 million. Trade Desk had a net margin of 13.61% and a return on equity of 16.09%. Trade Desk’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.41 EPS. As a group, analysts expect that The Trade Desk will post 0.51 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on TTD. Cantor Fitzgerald lowered their price objective on Trade Desk from $20.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, August 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Trade Desk in a research report on Friday, September 11th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $15.00 price target on shares of Trade Desk in a research report on Wednesday, September 9th. Evercore set a $14.00 price objective on Trade Desk in a research note on Tuesday, September 8th. Finally, HSBC downgraded shares of Trade Desk from a “hold” rating to a “reduce” rating and set a $10.00 price objective on the stock. in a report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and nine have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Trade Desk presently has an average rating of “Reduce” and a consensus target price of $18.16.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted its stake in Trade Desk by 59.0% in the 1st quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company’s stock worth $123,446,000 after purchasing an additional 2,018,525 shares in the last quarter. Bank of America Corp DE boosted its holdings in Trade Desk by 33.5% in the 1st quarter. Bank of America Corp DE now owns 4,548,894 shares of the technology company’s stock valued at $103,214,000 after purchasing an additional 1,141,704 shares during the period. Assenagon Asset Management S.A. boosted its holdings in Trade Desk by 941.8% in the 1st quarter. Assenagon Asset Management S.A. now owns 3,219,046 shares of the technology company’s stock valued at $73,040,000 after purchasing an additional 2,910,064 shares during the period. Barclays PLC grew its position in shares of Trade Desk by 2.6% during the 4th quarter. Barclays PLC now owns 3,128,361 shares of the technology company’s stock valued at $118,753,000 after purchasing an additional 79,923 shares in the last quarter. Finally, Amundi grew its position in shares of Trade Desk by 0.6% during the 1st quarter. Amundi now owns 3,056,305 shares of the technology company’s stock valued at $69,348,000 after purchasing an additional 17,097 shares in the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

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 is a technology company that operates a cloud-based advertising platform. Its demand-side platform enables advertising agencies and brands to plan, purchase, optimize and measure digital advertising campaigns across channels, including connected television, display, video, audio, mobile and social media.

The company provides tools for audience targeting, campaign management, data analysis and performance measurement. Its platform is designed to help advertisers purchase digital media across multiple publishers and formats, while supporting programmatic advertising and data-driven decision-making.