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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of The Trade Desk (NASDAQ:TTD). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trade Desk stock on September 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):

• Purchased $15,001 – $50,000 in shares of Benchmark Electronics (NYSE:BHE) on 10/1/2026.
• Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
• Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
• Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
• Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.

Trade Desk Stock Up 1.9%

Shares of TTD opened at $12.17 on Wednesday. The stock has a market cap of $5.72 billion, a P/E ratio of 14.49, a P/E/G ratio of 1.34 and a beta of 1.00. The business’s 50 day moving average price is $13.56 and its 200-day moving average price is $18.06. The Trade Desk has a 52 week low of $11.62 and a 52 week high of $55.11.

Trade Desk (NASDAQ:TTD) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.06). The company had revenue of $715.06 million during the quarter, compared to analysts’ expectations of $752.41 million. Trade Desk had a return on equity of 16.09% and a net margin of 13.61%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 EPS. On average, equities analysts anticipate that The Trade Desk will post 0.51 EPS for the current year.

Institutional Trading of Trade Desk

Large investors have recently made changes to their positions in the stock. Root Financial Partners LLC grew its position in shares of Trade Desk by 219.4% during the 1st quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock valued at $30,000 after acquiring an additional 906 shares during the period. NBH Bank purchased a new stake in shares of Trade Desk in the 2nd quarter worth $30,000. Ascentis Independent Advisors bought a new position in Trade Desk in the 1st quarter worth $36,000. AG Campbell Advisory LLC bought a new position in Trade Desk in the 4th quarter worth $42,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Trade Desk by 159.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,031 shares of the technology company’s stock valued at $46,000 after purchasing an additional 1,247 shares during the period. 67.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TTD has been the subject of several analyst reports. Cantor Fitzgerald reduced their price target on Trade Desk from $20.00 to $14.00 and set a “neutral” rating for the company in a report on Friday, August 7th. Wall Street Zen cut shares of Trade Desk from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Raymond James Financial cut shares of Trade Desk from a “market perform” rating to an “underperform” rating in a research note on Friday, August 7th. Evercore set a $14.00 price objective on shares of Trade Desk in a research report on Tuesday, September 8th. Finally, Scotiabank set a $12.00 price objective on shares of Trade Desk and gave the company a “sector perform” rating in a research note on Friday, August 7th. Four analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and nine have issued a Sell rating to the company’s stock. According to MarketBeat, Trade Desk presently has an average rating of “Reduce” and a consensus price target of $18.19.

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 operates a cloud-based advertising platform. Its demand-side platform enables advertising agencies and brands to plan, purchase, optimize and measure digital advertising campaigns across channels, including connected television, display, video, audio, mobile and social media.

The company provides tools for audience targeting, campaign management, data analysis and performance measurement. Its platform is designed to help advertisers purchase digital media across multiple publishers and formats, while supporting programmatic advertising and data-driven decision-making.