Founder Collective Picked Up Trade Desk Inc. (NASDAQ:TTD) Shares

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC),...
Stay Ahead of the
Stock Market Game!
Subscribe to Small Cap
Exclusive for more

trending

Lexicon Pharmaceuticals LXRX Stock Price is up 21%, ...
Sawyer Philip M. Picked Up Invuity Inc. (NASDAQ:IVTY...
Atossa Therapeutics (ATOS) Stock Sees Huge Jump: Wil...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Trade Desk Inc. (NASDAQ:TTD) reported that Founder Collective, L.p. has picked up 1,728,621 of common stock as of 2017-03-08.

The acquisition brings the aggregate amount owned by Founder Collective, L.p. to a total of 1,728,621 representing a 9.1% stake in the company.

For those not familiar with the company, The Trade Desk, Inc. is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television. Its platform enables a media planner or buyer at an advertising agency to purchase digital media programmatically on various media exchanges and sell-side platforms; acquire and use third-party data to optimize and measure digital advertising campaigns; deploy their, or their client’s, own first-party data in order to optimize campaign efficacy; link digital campaigns to offline sales results or other business objectives; access other services, such as its data management platform and publisher management platform marketplace, and use its user interface and application programming interfaces (APIs) to build their own technology on top of the Company’s platform.

A glance at Trade Desk Inc. (NASDAQ:TTD)’s key stats reveals a current market capitalization of 1.77 billion based on 39.18 Million shares outstanding and a price at last close of $43.31 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-03-03, Wells picked up 8,000 at a purchase price of $35.50. This brings their total holding to 8,000 as of the date of the filing.

On the sell side, the most recent transaction saw Ehrenberg unload 2,500,000 shares at a sale price of $34.17. This brings their total holding to 0.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Trade Desk Inc. (NASDAQ:TTD) as things move forward to see if its progress aligns with these transactions.

Subscribe below and we’ll keep you on top of what’s happening before it moves markets.

 

 

 

Stay in the lopp :

22nd Century Group Inc (NYSEMKT:XXII) Shares ...
22nd Century Group Inc (NYSEMKT:XXII) shares rose 12.5% on Thursday to $1.20 and were unchanged in after-hours trading. Share prices have been trading in
GHSI Stock Price is surging, can it go higher...

Guardion Health Sciences GHSI stock price is up 55% in the last 5 days & volume is up 40%, but is

HPIL Holding (HPIL) Stock Continues to Hit Ne...

There were many stocks that made considerable gains last week and one of those was the Cybernetics Technologies Ltd or HPIL Holding (OTCMKTS:HPIL)

related post

Skip to content