The Trade Desk (NASDAQ:TTD) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus "Hold": 37 analysts cover TTD (4 sell / 16 hold / 16 buy / 1 strong buy) and the average 12‑month price target is $42.91.
• Multiple brokerages have trimmed ratings/targets recently — notably Loop Capital downgraded TTD to hold and cut its target from $75 to $25, while Morgan Stanley, KeyCorp and DA Davidson also lowered targets to $30, $35 and $32 respectively.
• Trade Desk reported Q4 EPS of $0.59 (in line) and revenue of $846.8M (up 14.3% YoY); the board approved a $350 million buyback (~2.9% of shares) even as a director sold 50,000 shares at $30.48.

Shares of The Trade Desk (NASDAQ:TTD - Get Free Report) have received a consensus recommendation of "Hold" from the thirty-seven analysts that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $42.9118.

A number of brokerages recently weighed in on TTD. Loop Capital lowered Trade Desk from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $75.00 to $25.00 in a report on Thursday, February 26th. BNP Paribas Exane began coverage on Trade Desk in a report on Wednesday, January 14th. They issued a "neutral" rating and a $40.00 target price for the company. KeyCorp decreased their target price on shares of Trade Desk from $40.00 to $35.00 and set an "overweight" rating on the stock in a research report on Monday, March 2nd. Morgan Stanley lowered their price target on shares of Trade Desk from $42.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 26th. Finally, DA Davidson set a $32.00 price target on shares of Trade Desk in a report on Thursday, March 5th.

Insider Buying and Selling at Trade Desk

In related news, Director Kathryn E. Falberg sold 50,000 shares of the firm's stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.48, for a total value of $1,524,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 10.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Trade Desk

A number of institutional investors have recently bought and sold shares of TTD. Brighton Jones LLC increased its position in shares of Trade Desk by 3.8% in the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock valued at $539,000 after buying an additional 169 shares in the last quarter. M&T Bank Corp raised its stake in shares of Trade Desk by 0.7% during the 2nd quarter. M&T Bank Corp now owns 27,607 shares of the technology company's stock worth $1,987,000 after buying an additional 194 shares during the last quarter. HighMark Wealth Management LLC boosted its position in shares of Trade Desk by 49.2% in the 3rd quarter. HighMark Wealth Management LLC now owns 713 shares of the technology company's stock worth $35,000 after buying an additional 235 shares in the last quarter. Candriam S.C.A. boosted its position in shares of Trade Desk by 0.9% in the 2nd quarter. Candriam S.C.A. now owns 25,571 shares of the technology company's stock worth $1,841,000 after buying an additional 236 shares in the last quarter. Finally, Tidemark LLC grew its stake in Trade Desk by 35.1% in the 3rd quarter. Tidemark LLC now owns 943 shares of the technology company's stock valued at $46,000 after acquiring an additional 245 shares during the last quarter. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Trade Desk Trading Down 1.0%

Shares of TTD opened at $27.08 on Tuesday. Trade Desk has a twelve month low of $21.08 and a twelve month high of $91.45. The stock's 50 day moving average is $29.85 and its two-hundred day moving average is $39.73. The firm has a market capitalization of $13.10 billion, a PE ratio of 30.09, a P/E/G ratio of 1.08 and a beta of 1.13.

Trade Desk (NASDAQ:TTD - Get Free Report) last issued its earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.59. The business had revenue of $846.79 million during the quarter, compared to the consensus estimate of $840.56 million. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The company's revenue for the quarter was up 14.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.59 EPS. On average, sell-side analysts predict that Trade Desk will post 1.06 EPS for the current year.

Trade Desk announced that its Board of Directors has approved a stock buyback program on Wednesday, February 25th that permits the company to buyback $350.00 million in outstanding shares. This buyback authorization permits the technology company to buy up to 2.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

Trade Desk Company Profile

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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