10 Stocks With At Least $10 Million In Insider Sales Recently

2. The Trade Desk, Inc. (NASDAQ:TTD)

Highest Individual Sale: $19,841,102.76

Number of Sales Above $10 million: 6

Market Capitalization: $33.01 billion

The Trade Desk is a technology company, which provides a self-service cloud-based ad-buying platform that enables users to manage and optimize data-driven digital advertising campaigns. The platform covers various formats, such as video, audio, digital-out-of-home, and social on multiple devices. Trade Desk is also one of the 10 tech stocks with high upside potential.

Since the beginning of the year, the company’s CEO and president, Terry Jeffrey Green, made six sales of the company’s shares in his ownership. One transaction was worth $19.84 million, during which Green sold 164,166 shares at a price of $120.86 per share. Currently, the stock is trading at $66.54, having declined 43.38% year-to-date.

For the full year of 2024, The Trade Desk reported revenue of $2.44 billion, up by 25.63% from 2023. Net income was $393.08 million, an increase of 119.67% year-over-year.

“The Trade Desk once again outpaced nearly every segment of digital advertising in 2024, delivering $2.4 billion of revenue – marking accelerated growth of 26% year over year – and a record $12 billion of spend on our platform,” stated Green. “At the same time, we achieved significant profitability and cash flow. While we are proud of these accomplishments, we are disappointed that we fell short of our own expectations in the fourth quarter.”

On February 12, when the company announced the results, the stock price dropped 32.97%.

Thirty-one analysts have an average “Buy” rating on the stock, with a price target of $118.39, according to StockAnalysis.