On September 24, 2024, Gokul Rajaram, a Director at The Trade Desk Inc (TTD, Financial), executed a sale of 1,355 shares of the company. The transaction was filed on the same day through an SEC Filing. Following this sale, the insider now owns 29,991 shares of The Trade Desk Inc.
The Trade Desk Inc operates as a technology company in the advertising sector. It provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various ad formats and devices. Established in 2009, the company leverages technology, including data analytics and machine learning, to help advertisers optimize their campaigns.
Over the past year, Gokul Rajaram has sold a total of 21,472 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 33 insider sells and no insider buys over the last year.
Shares of The Trade Desk Inc were priced at $109 on the day of the sale. The company's market cap is approximately $53.76 billion. The price-earnings ratio stands at 218.72, significantly above both the industry median of 26.61 and the company's historical median.
According to the GF Value, which is an intrinsic value estimate used by GuruFocus, The Trade Desk Inc has a GF Value of $101.77. With the current price of $109, the stock has a price-to-GF-Value ratio of 1.07, indicating it is Fairly Valued.
This sale by the insider might be of interest to current and potential investors, as it provides insight into the insider's perspective on the stock's valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
