TTD CFO Schenkein sells 27,687 shares at $127.55; stock near 52-week high at $131.20, +32.9% in 90 days.
Schenkein Laura, as CFO, sold 27,687 shares (27.7K shares) of Trade Desk at $127.55 on 2024-11-07, reducing her holdings from 721,640 shares to 693,953 shares (-3.8% of pre-transaction holdings). The sale occurred as the stock traded near its 52-week high of $132.53 (current price $131.20, -1.0% from peak) and following a strong 90-day rally of +32.9%. Her prior five sales at Trade Desk show a 0 of 3 well-timed rate at the 90-day mark, with mixed outcomes: the July 2024 sale was followed by a -12.1% 30-day decline but +11.3% 90-day gain, while June 2024 sales generated low-single-digit monthly gains and high-single-digit quarterly gains. This sale occurs within a pattern of frequent TTD liquidation (five prior trades in the same ticker) but lacks clear evidence of predictive timing accuracy specific to Trade Desk, as prior exits have not preceded material drawdowns.