The Trade Desk (NASDAQ:TTD) Given Average Recommendation of "Hold" by Brokerages

Key Points

• The Trade Desk has received an average rating of "Hold" from 37 analysts, with 4 sell ratings, 12 hold ratings, and 21 buy ratings.
• The stock's average target price among brokerages is $84.48, while it recently opened at $49.98, indicating significant potential upside.
• Recent insider activity includes Director Andrea Lee Cunningham selling 1,403 shares, resulting in a 21.79% decrease in her ownership of the stock.

Shares of The Trade Desk (NASDAQ:TTD - Get Free Report) have received an average recommendation of "Hold" from the thirty-seven analysts that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty-one have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $84.4848.

A number of brokerages have commented on TTD. Citigroup reissued an "outperform" rating on shares of Trade Desk in a report on Tuesday, September 30th. HSBC reissued a "hold" rating and set a $56.00 target price on shares of Trade Desk in a report on Monday, August 11th. KeyCorp increased their price target on Trade Desk from $80.00 to $95.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Trade Desk in a report on Wednesday, October 8th. Finally, Jefferies Financial Group cut Trade Desk from a "buy" rating to a "hold" rating and cut their price target for the company from $100.00 to $50.00 in a report on Monday, August 11th.

Trade Desk Price Performance

Shares of Trade Desk stock opened at $49.98 on Friday. The business has a 50 day simple moving average of $50.65 and a two-hundred day simple moving average of $62.45. Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The stock has a market capitalization of $24.44 billion, a P/E ratio of 60.22, a PEG ratio of 2.67 and a beta of 1.38.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $0.18 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.24). Trade Desk had a net margin of 15.57% and a return on equity of 15.19%. The firm had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. During the same period in the previous year, the company earned $0.39 EPS. Trade Desk's revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. As a group, research analysts anticipate that Trade Desk will post 1.06 EPS for the current fiscal year.

Insider Activity at Trade Desk

In related news, Director Andrea Lee Cunningham sold 1,403 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total value of $67,624.60. Following the completion of the sale, the director owned 5,035 shares of the company's stock, valued at approximately $242,687. This trade represents a 21.79% 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 51,290 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the sale, the insider directly owned 218,246 shares of the company's stock, valued at approximately $19,899,670.28. This represents a 19.03% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Trade Desk

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Trade Desk by 0.7% during the second quarter. Vanguard Group Inc. now owns 44,554,852 shares of the technology company's stock worth $3,207,504,000 after acquiring an additional 317,107 shares during the last quarter. Jennison Associates LLC increased its stake in Trade Desk by 17.9% during the second quarter. Jennison Associates LLC now owns 14,267,457 shares of the technology company's stock worth $1,027,114,000 after acquiring an additional 2,169,252 shares during the last quarter. Geode Capital Management LLC increased its stake in Trade Desk by 52.1% during the second quarter. Geode Capital Management LLC now owns 12,314,817 shares of the technology company's stock worth $884,860,000 after acquiring an additional 4,218,975 shares during the last quarter. Brown Advisory Inc. increased its stake in Trade Desk by 2.7% during the second quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company's stock worth $599,212,000 after acquiring an additional 221,228 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in Trade Desk during the first quarter worth $191,935,000. Institutional investors and hedge funds own 67.77% of the company's stock.

About Trade Desk

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.

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