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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trade Desk stock on May 15th. 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 $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
  • Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
  • Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
  • Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Trade Desk Stock Down 3.0%

NASDAQ:TTD traded down $0.60 during mid-day trading on Wednesday, reaching $19.29. 21,314,417 shares of the company were exchanged, compared to its average volume of 19,290,608. The Trade Desk has a 12 month low of $19.06 and a 12 month high of $91.45. The company has a fifty day moving average of $21.92 and a 200 day moving average of $28.50. The stock has a market cap of $9.07 billion, a PE ratio of 21.92, a PEG ratio of 0.96 and a beta of 1.05.

Trade Desk (NASDAQ:TTDGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). Trade Desk had a return on equity of 16.91% and a net margin of 14.57%.The company had revenue of $688.86 million for the quarter, compared to the consensus estimate of $678.87 million. During the same period in the prior year, the company earned $0.33 EPS. The firm’s revenue was up 11.8% compared to the same quarter last year. On average, equities research analysts anticipate that The Trade Desk will post 1.17 EPS for the current fiscal year.

Trade Desk announced that its Board of Directors has approved a share repurchase program on Wednesday, February 25th that authorizes the company to buyback $350.00 million in outstanding shares. This buyback authorization authorizes the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TTD. Royal Bank Of Canada set a $33.00 price objective on shares of Trade Desk and gave the stock an “outperform” rating in a report on Friday, May 8th. Cantor Fitzgerald reissued a “neutral” rating and set a $22.00 price objective on shares of Trade Desk in a report on Thursday, February 26th. Scotiabank set a $20.00 price objective on shares of Trade Desk in a report on Monday, May 11th. Stifel Nicolaus set a $21.00 price objective on shares of Trade Desk in a report on Friday, May 8th. Finally, Evercore set a $27.00 target price on shares of Trade Desk in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $33.91.

Get Our Latest Analysis on Trade Desk

Key Trade Desk News

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

Insider Buying and Selling at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $21.14, for a total value of $1,134,816.34. Following the sale, the director directly owned 13,099 shares in the company, valued at $276,912.86. This trade represents a 80.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 11.41% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Trade Desk by 27.7% during the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after purchasing an additional 12,321,000 shares during the period. State Street Corp lifted its position in Trade Desk by 271.1% during the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after purchasing an additional 26,559,005 shares during the period. Invesco Ltd. lifted its position in Trade Desk by 101.0% during the 3rd quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock valued at $333,659,000 after purchasing an additional 3,421,074 shares during the period. Renaissance Technologies LLC lifted its position in Trade Desk by 59.0% during the 1st quarter. Renaissance Technologies LLC now owns 5,440,541 shares of the technology company’s stock valued at $123,446,000 after purchasing an additional 2,018,525 shares during the period. Finally, Norges Bank acquired a new position in Trade Desk during the 4th quarter valued at about $197,550,000. 67.77% of the stock is currently owned by institutional investors and hedge funds.

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.

Trade Desk Company Profile

(Get Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real?time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad?tech provider.

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