Analysts’ Weekly Ratings Changes for Trade Desk (TTD)

Trade Desk (NASDAQ: TTD) recently received a number of ratings updates from brokerages and research firms:

• 11/30/2024 – Trade Desk was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 11/25/2024 – Trade Desk was upgraded by analysts at New Street Research from a “sell” rating to a “neutral” rating. They now have a $115.00 price target on the stock, up previously from $85.00.
• 11/22/2024 – Trade Desk had its price target raised by analysts at Macquarie from $133.00 to $150.00. They now have an “outperform” rating on the stock.
• 11/22/2024 – Trade Desk was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 11/21/2024 – Trade Desk had its “positive” rating reaffirmed by analysts at Susquehanna. They now have a $150.00 price target on the stock.
• 11/21/2024 – Trade Desk had its price target raised by analysts at Evercore ISI from $110.00 to $135.00. They now have an “outperform” rating on the stock.
• 11/11/2024 – Trade Desk had its price target raised by analysts at Loop Capital from $120.00 to $145.00. They now have a “buy” rating on the stock.
• 11/11/2024 – Trade Desk had its price target raised by analysts at DA Davidson from $108.00 to $134.00. They now have a “buy” rating on the stock.
• 11/8/2024 – Trade Desk had its “sell” rating reaffirmed by analysts at Benchmark Co.. They now have a $57.00 price target on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Susquehanna from $135.00 to $150.00. They now have a “positive” rating on the stock.
• 11/8/2024 – Trade Desk had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $140.00 price target on the stock, up previously from $110.00.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Macquarie from $130.00 to $133.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Oppenheimer Holdings Inc. from $120.00 to $135.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Wedbush from $115.00 to $135.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Robert W. Baird from $130.00 to $140.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at UBS Group AG from $140.00 to $150.00. They now have a “buy” rating on the stock.
• 11/8/2024 – Trade Desk had its price target raised by analysts at Truist Financial Co. from $120.00 to $135.00. They now have a “buy” rating on the stock.
• 10/30/2024 – Trade Desk had its price target raised by analysts at BTIG Research from $114.00 to $142.00. They now have a “buy” rating on the stock.
• 10/29/2024 – Trade Desk was downgraded by analysts at New Street Research from a “neutral” rating to a “sell” rating. They now have a $86.00 price target on the stock.
• 10/28/2024 – Trade Desk is now covered by analysts at Wells Fargo & Company. They set an “overweight” rating and a $150.00 price target on the stock.
• 10/16/2024 – Trade Desk had its price target raised by analysts at Citigroup Inc. from $115.00 to $140.00. They now have a “buy” rating on the stock.
• 10/14/2024 – Trade Desk had its price target raised by analysts at Stifel Nicolaus from $111.00 to $136.00. They now have a “buy” rating on the stock.
• 10/11/2024 – Trade Desk had its price target raised by analysts at Macquarie from $115.00 to $130.00. They now have an “outperform” rating on the stock.
• 10/9/2024 – Trade Desk had its price target raised by analysts at KeyCorp from $115.00 to $130.00. They now have an “overweight” rating on the stock.
• 10/7/2024 – Trade Desk had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $110.00 price target on the stock.

Trade Desk Trading Up 2.6 %

Shares of NASDAQ TTD traded up $3.34 during trading hours on Monday, reaching $131.89. The stock had a trading volume of 375,542 shares, compared to its average volume of 3,824,978. The business’s fifty day moving average price is $119.46 and its two-hundred day moving average price is $105.41. The firm has a market cap of $65.10 billion, a price-to-earnings ratio of 216.21, a P/E/G ratio of 5.83 and a beta of 1.47. The Trade Desk, Inc. has a 52-week low of $61.47 and a 52-week high of $132.65.

Insider Activity at Trade Desk

In other Trade Desk news, Director Gokul Rajaram sold 1,355 shares of the company’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of $117.89, for a total value of $159,740.95. Following the sale, the director now directly owns 28,636 shares of the company’s stock, valued at approximately $3,375,898.04. This represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jay R. Grant sold 20,579 shares of the stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $108.65, for a total transaction of $2,235,908.35. Following the sale, the insider now directly owns 178,853 shares in the company, valued at approximately $19,432,378.45. The trade was a 10.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,128,938 shares of company stock valued at $125,534,054 in the last ninety days. Company insiders own 9.72% of the company’s stock.

Institutional Trading of Trade Desk

A number of hedge funds and other institutional investors have recently made changes to their positions in TTD. Franklin Resources Inc. increased its holdings in Trade Desk by 326.1% in the 3rd quarter. Franklin Resources Inc. now owns 509,495 shares of the technology company’s stock valued at $60,105,000 after purchasing an additional 389,917 shares during the last quarter. Synovus Financial Corp purchased a new position in Trade Desk in the 3rd quarter valued at approximately $245,000. Wilmington Savings Fund Society FSB purchased a new position in Trade Desk in the 3rd quarter valued at approximately $1,194,000. World Investment Advisors LLC boosted its position in Trade Desk by 10.0% in the 3rd quarter. World Investment Advisors LLC now owns 8,849 shares of the technology company’s stock valued at $970,000 after buying an additional 803 shares during the period. Finally, Sanctuary Advisors LLC boosted its position in Trade Desk by 9.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 47,165 shares of the technology company’s stock valued at $5,172,000 after buying an additional 4,018 shares during the period. Institutional investors and hedge funds own 67.77% of the company’s stock.

The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.