TTD - A Noteworthy Decision By Laura Schenkein As Acquires $506K In Trade Desk Stock Options | Benzinga
A substantial insider move unfolded on April 25, as Schenkein, Chief Financial Officer at Trade Desk (NASDAQ:TTD), reported the acquisition of stock options for 121,684 shares in an SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Schenkein, Chief Financial Officer at Trade Desk, a company in the Communication Services sector, acquired stock options for 121,684 shares of TTD. The options allow Schenkein to buy the company's stock at $81.07 per share.
Trade Desk shares are trading, exhibiting up of 2.27% and priced at $85.23 during Friday's morning. This values Schenkein's 121,684 shares at $506,205.
Delving into Trade Desk's Background
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, and social) on different devices like computers, smartphones, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising.
Financial Insights: Trade Desk
Revenue Growth: Trade Desk displayed positive results in 3 months. As of 31 ...