TTD Insider Trading
The Trade Desk, Inc. (TTD) operates in the Communication Services sector, specifically the Advertising Agencies industry, with a market capitalization near $5.76B, listed on NASDAQ, employing roughly 3,843 people, carrying a beta of 0.99 to the broader market. The Trade Desk, Inc. Led by Jeffrey Terry Green, public since 2016-09-21.
In the last 12 months, The Trade Desk, Inc. insiders made 4 buy transactions and 3 sale transactions.
| Date | Name | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Sep 16, 2026 | Green Jeffrey Terry | A-Award | 7,000,000 | $14.97 | $104.8M |
| Sep 14, 2026 | Davis Tahnil R. | A-Award | 217,233 | $0.00 | $0 |
| Sep 14, 2026 | GRANT JAY R | A-Award | 398,262 | $0.00 | $0 |
| Sep 14, 2026 | Kundra Vivek | A-Award | 724,112 | $0.00 | $0 |
| Sep 14, 2026 | Olmstead Nathan | A-Award | 398,262 | $0.00 | $0 |
| Aug 18, 2026 | Kundra Vivek | F-InKind | 2,320 | $14.14 | $32.8K |
| Aug 18, 2026 | Kundra Vivek | F-InKind | 4,713 | $14.14 | $66.6K |
| Aug 18, 2026 | Davis Tahnil R. | F-InKind | 1,220 | $14.14 | $17.3K |
| Aug 18, 2026 | Davis Tahnil R. | F-InKind | 1,051 | $14.14 | $14.9K |
| Aug 18, 2026 | Davis Tahnil R. | F-InKind | 1,373 | $14.14 | $19.4K |
TTD Insider Activity by Quarter
Reported Form 4 and Form 5 lines under TTD's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Jul 24, 2024, and a quarter counts only when every filing for it was read.
| Quarter | Purchases | Bought | Sales | Sold | Other Lines |
|---|---|---|---|---|---|
| Q4 2026 (so far) | 0 | N/A | 0 | N/A | 0 |
| Q3 2026 | 0 | N/A | 0 | N/A | 23 |
| Q2 2026 | 0 | N/A | 1 | $1.1M | 44 |
| Q1 2026 | 4 | $148.1M | 2 | $4.7M | 30 |
| Q4 2025 | 0 | N/A | 0 | N/A | 16 |
| Q3 2025 | 0 | N/A | 3 | $3.3M | 31 |
| Q2 2025 | 0 | N/A | 8 | $5.5M | 63 |
| Q1 2025 | 0 | N/A | 43 | $182.4M | 37 |
| Q4 2024 | 0 | N/A | 31 | $69.9M | 58 |
TTD Institutional Ownership (13F)
As of Jun 30, 2026 (Q2 2026), 684 institutions reported holding 379,595,432 TTD shares, valued at $6.87B as reported, 79.8% of its market cap (market cap of Jun 26, 2026). That is -93 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 87 opened a position, 177 closed one, 225 added and 257 trimmed.
Top Holders, Q2 2026
| Manager | Shares | Value | Change |
|---|---|---|---|
| BlackRock, Inc. | 32,668,268 | $590.6M | -4,853,328 |
| STATE STREET CORP | 31,285,823 | $565.6M | -13,647,546 |
| VANGUARD CAPITAL MANAGEMENT LLC | 27,899,665 | $504.4M | -745,588 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 19,380,271 | $350.4M | -3,062,889 |
| TWO SIGMA INVESTMENTS, LP | 17,050,857 | $308.3M | +2,889,536 |
| GEODE CAPITAL MANAGEMENT, LLC | 16,134,883 | $291.5M | +2,146,155 |
| Invesco Ltd. | 13,759,436 | $248.8M | +5,380,249 |
| GOLDMAN SACHS GROUP INC | 13,467,553 | $243.5M | +4,739,259 |
| Alyeska Investment Group, L.P. | 11,119,709 | $201.0M | +5,490,854 |
| FEDERATED HERMES, INC. | 10,877,783 | $196.7M | +3,249,348 |
By Quarter
| Quarter | Institutions | Shares | Value |
|---|---|---|---|
| Q2 2026 | 684 | 379,595,432 | $6.87B |
| Q1 2026 | 777 | 370,250,391 | $8.40B |
| Q4 2025 | 944 | 365,530,801 | $13.89B |
| Q3 2025 | 961 | 374,548,374 | $18.38B |
| Q2 2025 | 1,067 | 347,923,702 | $25.02B |
| Q1 2025 | 1,032 | 342,972,366 | $18.76B |
| Q4 2024 | 1,192 | 354,349,310 | $41.66B |
| Q3 2024 | 1,042 | 360,702,342 | $39.49B |
| Q2 2024 | 1,001 | 380,260,529 | $37.18B |
From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.
ETFs Holding TTD
| Fund | Weight of TTD | Shares (as reported) | Value (as reported) | Source updated |
|---|---|---|---|---|
| IJR iShares Core S&P Small-Cap ETF | 0.30% | 25,509,973 | $308.4M | Oct 8, 2026 |
| VTI Vanguard Morningstar Total Stock Market ETF | 0.01% | 13,588,080 | $186.4M | Oct 7, 2026 |
| VOO Vanguard S&P 500 ETF | 0.01% | 11,339,632 | $155.6M | Oct 7, 2026 |
| VB Vanguard Morningstar Small-Cap ETF | 0.07% | 9,829,796 | $134.9M | Oct 7, 2026 |
| VBK Vanguard Morningstar Small-Cap Growth ETF | 0.17% | 5,640,570 | $77.4M | Oct 7, 2026 |
| SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF | 0.30% | 3,932,757 | $48.2M | Oct 8, 2026 |
| IJS iShares S&P Small-Cap 600 Value ETF | 0.57% | 3,536,820 | $42.8M | Oct 8, 2026 |
| SLYV State Street SPDR S&P 600 Small Cap Value ETF | 0.57% | 2,235,668 | $27.4M | Oct 8, 2026 |
| SCHA Schwab U.S. Small-Cap ETF | 0.12% | 2,255,763 | $26.5M | Oct 8, 2026 |
| CALF Pacer US Small Cap Cash Cows ETF | 0.62% | 1,820,796 | $22.0M | Oct 8, 2026 |
| IWR iShares Russell Mid-Cap ETF | 0.04% | 1,732,716 | $20.9M | Oct 8, 2026 |
| VOX Vanguard Communication Services ETF | 0.35% | 1,499,131 | $20.6M | Oct 7, 2026 |
| SKYY First Trust Cloud Computing ETF | 0.49% | 1,406,584 | $17.0M | Oct 8, 2026 |
| IALT iShares Systematic Alternatives Active ETF | 0.19% | 1,164,202 | $14.1M | Oct 8, 2026 |
| JQUA JPMorgan U.S. Quality Factor ETF | 0.09% | 714,140 | $8.5M | Oct 5, 2026 |
From each fund's latest holdings file on record that shows TTD's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as TTD's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for TTD reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is TTD's share of that fund.
TTD Congress Trades
Members of Congress and their households disclosed 50 transactions in TTD on file (24 purchases, 26 sales) by 10 members, the latest trade on Sep 18, 2026. The newest 10 are below.
| Member | Chamber | Type | Amount | Traded | Disclosed |
|---|---|---|---|---|---|
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Sale (Partial) | $1,001 - $15,000 | Sep 18, 2026 | Oct 12, 2026 |
| Tony Wied (R-WI-8) | House | Sale | $15,001 - $50,000 | Sep 17, 2026 | Oct 7, 2026 |
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Purchase | $1,001 - $15,000 | Aug 18, 2026 | Sep 11, 2026 |
| Tony Wied (R-WI-8) | House | Sale | $15,001 - $50,000 | Aug 14, 2026 | Sep 7, 2026 |
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Purchase | $1,001 - $15,000 | Jul 17, 2026 | Sep 7, 2026 |
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Sale (Full) | $1,001 - $15,000 | Jun 16, 2026 | Jul 3, 2026 |
| Tony Wied (R-WI-8) | House | Purchase | $15,001 - $50,000 | Jun 9, 2026 | Aug 10, 2026 |
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Purchase | $1,001 - $15,000 | May 15, 2026 | Jun 9, 2026 |
| Gilbert Ray Cisneros, Jr. (D-CA-31) | House | Sale (Full) | $1,001 - $15,000 | Apr 14, 2026 | May 11, 2026 |
| Byron Donalds (R-FL-19) | House | Sale (Full) | $1,001 - $15,000 | Mar 20, 2026 | Apr 9, 2026 |
From the periodic transaction reports members of the Senate and the House file under the STOCK Act, within 45 days of a trade (some file later); amounts are the ranges the reports give (a few give an exact amount), and a transaction a later report lists again is counted once. On file: House reports disclosed from Apr 10, 2023 through Oct 14, 2026; Senate reports disclosed from Jan 30, 2014 through Oct 7, 2026. The party is the member's on the trade date. A trade is listed under the company that traded under its ticker on the trade date (dated from Feb 1, 2021, unless the filing describes another company of ours; before that, only when the filing's description of the security is the company's name).
How to Read TTD Insider Activity
Net insider sentiment is bullish over the trailing twelve months: 4 buy transactions versus 3 sales. Cluster buying by officers or directors is one of the cleaner insider signals because purchases require personal capital deployment and carry direct SEC scrutiny for material non-public information violations. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.
Learn how insider trading is reported and how to read the data →
Frequently asked TTD insider trading questions
- How active are TTD insiders right now?
- Over the trailing twelve months, The Trade Desk, Inc. (TTD) insiders made 4 buy transactions and 3 sale transactions. Net insider sentiment over the trailing twelve months tilts to the buy side (4 buys vs 3 sales). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
- What counts as an insider transaction?
- Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
- Are TTD insider buys a bullish signal?
- Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
- How do TTD insider transactions affect options pricing?
- Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.