Samantha Jacobson, Chief Strategy Officer at Trade Desk, Inc. (NASDAQ:), reported significant stock transactions on December 30, 2024. According to the latest SEC filing, Jacobson sold shares worth approximately $513,316. The sale prices ranged from $118.75 to $120.04 per share. The transaction comes as Trade Desk maintains strong financial health with an impressive 81% gross margin and a market capitalization of $58 billion. InvestingPro analysis indicates the stock is currently trading slightly above its Fair Value.
In addition to the sales, Jacobson exercised options to acquire shares, totaling a value of $314,678, with prices ranging from $59.57 to $81.07 per share. These transactions were conducted as part of a 10b5-1 trading plan, which allows insiders to set up a predetermined plan to sell stock, helping to avoid concerns about insider trading. The stock has delivered a…
