Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of The Trade Desk (NASDAQ:TTD)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trade Desk stock on August 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):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Trade Desk Stock Up 2.6%

Shares of NASDAQ:TTD traded up $0.37 during midday trading on Friday, hitting $14.34. The stock had a trading volume of 11,189,438 shares, compared to its average volume of 16,695,160. The company’s 50-day moving average price is $16.12 and its 200-day moving average price is $20.05. The company has a market capitalization of $6.74 billion, a P/E ratio of 17.07, a price-to-earnings-growth ratio of 1.60 and a beta of 1.01. The Trade Desk has a fifty-two week low of $12.83 and a fifty-two week high of $56.39.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.06). The firm had revenue of $715.06 million for the quarter, compared to analyst estimates of $752.41 million. Trade Desk had a return on equity of 16.09% and a net margin of 13.61%.The business’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.41 EPS. Research analysts expect that The Trade Desk will post 0.49 EPS for the current fiscal year.

Hedge Funds Weigh In On Trade Desk

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Tidal Investments LLC boosted its stake in shares of Trade Desk by 148.0% during the second quarter. Tidal Investments LLC now owns 122,121 shares of the technology company’s stock valued at $2,208,000 after purchasing an additional 72,888 shares in the last quarter. Archford Capital Strategies LLC acquired a new position in shares of Trade Desk in the second quarter valued at approximately $326,000. Integrated Wealth Concepts LLC raised its holdings in Trade Desk by 84.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 16,351 shares of the technology company’s stock valued at $296,000 after buying an additional 7,480 shares during the last quarter. RFG Advisory LLC raised its holdings in Trade Desk by 37.9% in the 2nd quarter. RFG Advisory LLC now owns 115,773 shares of the technology company’s stock valued at $2,093,000 after buying an additional 31,821 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in Trade Desk by 91.4% during the 2nd quarter. NewEdge Advisors LLC now owns 72,221 shares of the technology company’s stock worth $1,306,000 after buying an additional 34,484 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trending Headlines about Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: International expansion in EMEA and APAC, growing connected-TV advertising demand and increased activity in China could provide new growth avenues for The Trade Desk and help diversify its revenue base. TTD’s International Expansion: Can EMEA and APAC Drive Growth?
• Positive Sentiment: Royal Bank of Canada reaffirmed its “Sector Perform” rating, suggesting the recent selloff may already reflect many of the company’s challenges and that the risk-reward profile is becoming more balanced. Royal Bank Of Canada Reaffirms Sector Perform Rating for Trade Desk
• Positive Sentiment: The stock’s recent outperformance may reflect bargain hunting after a steep decline, although the broader recovery case still depends on evidence that growth can reaccelerate. The Trade Desk Surpasses Market Returns

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TTD shares. Cantor Fitzgerald reduced their target price on Trade Desk from $20.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, August 7th. HSBC cut Trade Desk from a “hold” rating to a “reduce” rating and set a $10.00 price target for the company. in a report on Monday, August 10th. Wells Fargo & Company set a $12.00 price objective on Trade Desk and gave the company an “equal weight” rating in a research note on Friday, August 7th. Morgan Stanley set a $13.00 target price on Trade Desk in a research report on Monday, August 10th. Finally, Zacks Research downgraded Trade Desk from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating, twenty-five have assigned a Hold rating and ten have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $19.36.

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 provides a self-service, cloud-based platform for digital advertising. Its platform enables advertising agencies and brands to plan, purchase, optimize and measure data-driven advertising campaigns across multiple channels and devices.

The company’s platform supports programmatic buying for display, video, connected television, audio, native and other forms of digital media. Its services are designed to help advertisers use audience data, automation and analytics to reach targeted consumers while managing campaigns across a range of publishers and media environments.

The Trade Desk was founded in 2009 by Jeff Green and Dave Pickles.