The Trade Desk (NASDAQ:TTD) Receives $33.43 Average PT from Analysts

by · The Markets Daily

The Trade Desk (NASDAQ:TTD – Get Free Report) has received an average recommendation of “Hold” from the thirty-eight research firms that are currently covering the company, Marketbeat.com reports. Five equities research analysts have rated the stock with a sell recommendation, twenty-one have issued a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $33.4294.

Several equities analysts recently weighed in on the stock. DA Davidson set a $29.00 price target on shares of Trade Desk and gave the company a “buy” rating in a research report on Monday, May 11th. Morgan Stanley set a $26.00 price objective on Trade Desk in a report on Friday, May 8th. Wedbush set a $21.00 price objective on Trade Desk and gave the stock a “neutral” rating in a research note on Friday, May 8th. UBS Group set a $28.00 price objective on Trade Desk and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, William Blair lowered Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th.

Get Our Latest Stock Analysis on TTD

Insider Transactions at Trade Desk

In related news, Director Samantha Jacobson sold 53,681 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the completion of the sale, the director directly owned 13,099 shares of the company’s stock, valued at approximately $276,912.86. This represents a 80.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 11.41% of the company’s stock.

Institutional Trading of Trade Desk

Several institutional investors have recently made changes to their positions in TTD. Elevation Wealth Partners LLC lifted its position in shares of Trade Desk by 2,382.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 720 shares of the technology company’s stock valued at $27,000 after purchasing an additional 691 shares in the last quarter. Albion Financial Group UT bought a new stake in Trade Desk in the 4th quarter worth about $30,000. Root Financial Partners LLC grew its position in Trade Desk by 219.4% in the 1st quarter. Root Financial Partners LLC now owns 1,319 shares of the technology company’s stock worth $30,000 after purchasing an additional 906 shares in the last quarter. CVA Family Office LLC increased its stake in Trade Desk by 62.1% in the 4th quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock valued at $34,000 after buying an additional 344 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new stake in Trade Desk in the 4th quarter valued at about $35,000. Institutional investors own 67.77% of the company’s stock.

Trade Desk Trading Down 3.7%

TTD opened at $17.58 on Monday. The company’s fifty day moving average price is $19.72 and its two-hundred day moving average price is $24.35. Trade Desk has a 1-year low of $16.98 and a 1-year high of $91.45. The company has a market cap of $8.26 billion, a price-to-earnings ratio of 19.98, a PEG ratio of 0.88 and a beta of 1.04.

Trade Desk (NASDAQ:TTD – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.24). The business had revenue of $688.86 million for the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 earnings per share. As a group, equities analysts forecast that Trade Desk will post 1.17 earnings per share for the current fiscal year.

Trade Desk Company Profile

(Get Free Report)

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.

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