Trade Desk (TTD) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Trade Desk (NASDAQ: TTD):

• 12/19/2024 – Trade Desk had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $135.00 price target on the stock.
• 12/17/2024 – Trade Desk had its price target raised by analysts at Truist Financial Co. from $135.00 to $155.00. They now have a “buy” rating on the stock.
• 12/12/2024 – Trade Desk had its “outperform” rating reaffirmed by analysts at Wedbush. They now have a $135.00 price target on the stock.
• 12/5/2024 – Trade Desk is now covered by analysts at Scotiabank. They set a “sector perform” rating and a $133.00 price target on the stock.
• 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.

Trade Desk Stock Performance

TTD opened at $125.01 on Monday. The business’s 50-day simple moving average is $126.02 and its 200-day simple moving average is $109.51. The company has a market cap of $61.70 billion, a P/E ratio of 204.93, a PEG ratio of 6.00 and a beta of 1.43. The Trade Desk, Inc. has a one year low of $61.47 and a one year high of $141.53.

Insider Activity at Trade Desk

In other news, Director Gokul Rajaram sold 1,355 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The shares were sold at an average price of $109.00, for a total transaction of $147,695.00. Following the transaction, the director now directly owns 29,991 shares in the company, valued at approximately $3,269,019. This trade represents a 4.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jay R. Grant sold 20,579 shares of the stock in a transaction on 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 owns 178,853 shares of the company’s stock, valued at approximately $19,432,378.45. This represents a 10.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 728,938 shares of company stock valued at $81,904,054 over the last ninety days. Insiders own 9.72% of the company’s stock.

Hedge Funds Weigh In On Trade Desk

A number of hedge funds and other institutional investors have recently bought and sold shares of TTD. CAP Partners LLC increased its position in Trade Desk by 1.4% during the 3rd quarter. CAP Partners LLC now owns 6,403 shares of the technology company’s stock worth $702,000 after purchasing an additional 86 shares during the period. Allworth Financial LP grew its holdings in Trade Desk by 2.7% during the third quarter. Allworth Financial LP now owns 3,738 shares of the technology company’s stock worth $410,000 after acquiring an additional 97 shares during the period. Avior Wealth Management LLC grew its holdings in Trade Desk by 37.7% during the third quarter. Avior Wealth Management LLC now owns 365 shares of the technology company’s stock worth $40,000 after acquiring an additional 100 shares during the period. Advisory Resource Group raised its position in Trade Desk by 1.0% in the third quarter. Advisory Resource Group now owns 10,502 shares of the technology company’s stock worth $1,152,000 after acquiring an additional 101 shares in the last quarter. Finally, HM Payson & Co. lifted its holdings in Trade Desk by 1.0% in the third quarter. HM Payson & Co. now owns 9,875 shares of the technology company’s stock valued at $1,083,000 after acquiring an additional 102 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

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.