The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific.
Company profile
Ticker
TTD
Exchange
Website
CEO
Jeff Green
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Alphabet • Meta Platforms • Rackspace Technology • IHS Markit • Sabre • IAC • Baidu • Bumble • Match • Twitter ...
SEC CIK
Corporate docs
Subsidiaries
The Trade Desk International Limited • The UK Trade Desk Ltd • The Trade Desk Australia PTY LTD • The Trade Desk GmbH • The Trade Desk (Singapore) PTE. LTD. • The Trade Desk Japan K.K. • The Trade Desk Limited • (Cui Yi Information Science and Technology (Shanghai) Company • The Trade Desk France SAS • The Trade Desk Canada Inc. ...
TTD stock data
Analyst ratings and price targets
Current price
Average target
$56.75
Low target
$43.00
High target
$75.00
Keybanc
Maintains
$55.00
Morgan Stanley
Maintains
$50.00
New Street Research
Initiated
$43.00
Piper Sandler
Initiated
$60.00
Jefferies
Downgraded
$55.00
Citigroup
Initiated
$60.00
RBC Capital
Maintains
$75.00
DA Davidson
Maintains
$56.00
Latest filings (excl ownership)
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Results of Operations and Financial Condition
9 Nov 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Results of Operations and Financial Condition
9 Aug 22
8-K
Departure of Directors or Certain Officers
28 Jul 22
8-K
Submission of Matters to a Vote of Security Holders
31 May 22
8-K
Regulation FD Disclosure
26 May 22
8-K
Other Events
18 May 22
10-Q
2022 Q1
Quarterly report
10 May 22
8-K
Results of Operations and Financial Condition
10 May 22
Transcripts
TTD
Earnings call transcript
2022 Q3
9 Nov 22
TTD
Earnings call transcript
2022 Q2
10 Aug 22
TTD
Earnings call transcript
2022 Q1
11 May 22
TTD
Earnings call transcript
2021 Q4
16 Feb 22
TTD
Earnings call transcript
2021 Q3
8 Nov 21
TTD
Earnings call transcript
2021 Q2
9 Aug 21
TTD
Earnings call transcript
2021 Q1
10 May 21
TTD
Earnings call transcript
2020 Q4
19 Feb 21
TTD
Earnings call transcript
2020 Q3
6 Nov 20
TTD
Earnings call transcript
2020 Q2
7 Aug 20
Latest ownership filings
4
David Randall Pickles
25 Jan 23
SC 13G/A
BAILLIE GIFFORD & CO
23 Jan 23
SC 13G/A
BlackRock Inc.
6 Jan 23
4
BLAKE JEFFREY GRAYSON
20 Dec 22
4
Jeffrey Terry Green
16 Dec 22
4
Jeffrey Terry Green
15 Dec 22
SC 13G/A
BlackRock Inc.
7 Dec 22
4
David Randall Pickles
5 Dec 22
4
David Randall Pickles
17 Nov 22
4
BLAKE JEFFREY GRAYSON
17 Nov 22
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 994.66 mm | 994.66 mm | 994.66 mm | 994.66 mm | 994.66 mm | 994.66 mm |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 944.33 k | (no burn) | (no burn) |
| Cash used (since last report) | n/a | n/a | n/a | 3.97 mm | n/a | n/a |
| Cash remaining | n/a | n/a | n/a | 990.68 mm | n/a | n/a |
| Runway (months of cash) | n/a | n/a | n/a | 1049.1 | n/a | n/a |
Institutional ownership, Q3 2022
71.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 716 |
| Opened positions | 126 |
| Closed positions | 76 |
| Increased positions | 229 |
| Reduced positions | 253 |
| 13F shares | Current |
|---|---|
| Total value | 21.01 bn |
| Total shares | 319.63 mm |
| Total puts | 10.39 mm |
| Total calls | 10.79 mm |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Baillie Gifford & Co | 44.64 mm | $2.67 bn |
| Vanguard | 39.42 mm | $2.36 bn |
| MS Morgan Stanley | 36.25 mm | $2.17 bn |
| BLK Blackrock | 22.28 mm | $1.33 bn |
| Jennison Associates | 14.80 mm | $884.17 mm |
| T. Rowe Price | 14.31 mm | $855.10 mm |
| T. Rowe Price Investment Management | 12.13 mm | $724.64 mm |
| JPM JPMorgan Chase & Co. | 8.65 mm | $516.91 mm |
| Voya Investment Management | 5.86 mm | $1.26 bn |
| Geode Capital Management | 5.83 mm | $348.15 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Jan 23 | David Randall Pickles | Class B Common Stock Class A Common Stock | Option exercise | Acquire M | No | No | 0 | 288,500 | 0.00 | 1,253,330 |
| 23 Jan 23 | David Randall Pickles | Employee Stock Option Class B Common Stock | Option exercise | Dispose M | No | No | 0.0171 | 288,500 | 4.93 k | 0 |
| 16 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 210,000 | 0.00 | 708,216 |
| 16 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Gift | Dispose G | Yes | No | 0 | 210,000 | 0.00 | 1,209,360 |
| 16 Dec 22 | Grayson Blake Jeffrey | Class A Common Stock | Payment of exercise | Dispose F | No | No | 46.15 | 4,774 | 220.32 k | 172,226 |
| 16 Dec 22 | Grayson Blake Jeffrey | Class A Common Stock | Payment of exercise | Dispose F | No | No | 46.15 | 12,797 | 590.58 k | 177,000 |
| 13 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 210,000 | 0.00 | 1,419,360 |
| 13 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Gift | Acquire G | Yes | No | 0 | 4,120 | 0.00 | 1,209,360 |
| 13 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Gift | Dispose G | No | No | 0 | 4,120 | 0.00 | 698,672 |
| 13 Dec 22 | Green Jeffrey Terry | Class A Common Stock | Option exercise | Acquire M | No | No | 15.67 | 4,120 | 64.56 k | 702,792 |
News
Meta Platforms, Pinterest, W.W. Grainger And Other Big Stocks Moving Higher On Thursday
2 Feb 23
Needham Reiterates Buy on Trade Desk, Maintains $65 Price Target
2 Feb 23
Benzinga Pro's Top 5 Stocks To Watch For Tuesday, January 31, 2023: MCD, SOFI, TTD, BILL, LICY
31 Jan 23
What 10 Analyst Ratings Have To Say About Trade Desk
30 Jan 23
Here's How Much You Would Have Made Owning Trade Desk Stock In The Last 5 Years
30 Jan 23
Press releases
Thinking about trading options or stock in Meta Platforms, elf Beauty, Trade Desk, Roku, or Amazon?
2 Feb 23
The Trade Desk Announces Date of Fourth Quarter and Fiscal Year 2022 Financial Results and Conference Call
25 Jan 23
The Trade Desk Appoints Trish Frohman as Senior Vice President of Business Development, North America
22 Dec 22
Thinking about trading options or stock in Moderna, Docusign, Trade Desk, Apple, or Oracle?
13 Dec 22
DocGo Appoints Veteran Technology Human Resources Executive Vina Leite, MS, to its Board of Directors and Announces Key Leadership Promotions
14 Nov 22