The Trade Desk (NASDAQ:TTD) Receives Average Recommendation of "Hold" from Analysts

Key Points

• The Trade Desk has an average analyst rating of "Hold" from 37 brokerages (4 sell, 18 hold, 14 buy, 1 strong buy) with a 12‑month consensus target of about $41.38.
• Director Kathryn E. Falberg sold 102,828 shares at roughly $30.45 (a 98.14% reduction in her stake); insiders still own 11.41% of the company.
• The board authorized a $350 million share buyback (up to 2.9% of shares); the company reported Q EPS of $0.59 (in line with estimates) and revenue of $846.79 million, up 14.3% year‑over‑year.

The Trade Desk (NASDAQ:TTD - Get Free Report) has been given an average rating of "Hold" by the thirty-seven brokerages that are presently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $41.3824.

TTD has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a "hold" rating on shares of Trade Desk in a report on Tuesday, March 17th. Needham & Company LLC lowered their target price on shares of Trade Desk from $60.00 to $32.00 and set a "buy" rating on the stock in a report on Thursday, February 26th. Cantor Fitzgerald restated a "neutral" rating and set a $22.00 target price on shares of Trade Desk in a report on Thursday, February 26th. Wells Fargo & Company lowered their target price on shares of Trade Desk from $25.00 to $24.00 and set an "equal weight" rating on the stock in a report on Monday, April 6th. Finally, New Street Research downgraded shares of Trade Desk from a "neutral" rating to a "sell" rating and set a $17.00 target price on the stock. in a report on Thursday, February 26th.

Insiders Place Their Bets

In related news, Director Kathryn E. Falberg sold 102,828 shares of the business's stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $30.45, for a total transaction of $3,131,112.60. Following the transaction, the director directly owned 1,946 shares in the company, valued at approximately $59,255.70. The trade was a 98.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.41% of the company's stock.

Hedge Funds Weigh In On Trade Desk

A number of institutional investors have recently added to or reduced their stakes in TTD. Brighton Jones LLC increased its holdings in Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company's stock worth $539,000 after buying an additional 169 shares during the last quarter. Bison Wealth LLC increased its holdings in shares of Trade Desk by 24.3% in the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company's stock valued at $291,000 after purchasing an additional 485 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Trade Desk by 75.5% in the first quarter. Woodline Partners LP now owns 5,275 shares of the technology company's stock valued at $289,000 after purchasing an additional 2,269 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Trade Desk by 46.6% in the second quarter. Cerity Partners LLC now owns 59,785 shares of the technology company's stock valued at $4,304,000 after purchasing an additional 19,015 shares during the last quarter. Finally, AXA S.A. increased its holdings in shares of Trade Desk by 14.7% in the second quarter. AXA S.A. now owns 42,819 shares of the technology company's stock valued at $3,083,000 after purchasing an additional 5,487 shares during the last quarter. 67.77% of the stock is currently owned by institutional investors and hedge funds.

Trade Desk Stock Up 2.1%

NASDAQ TTD opened at $24.61 on Wednesday. Trade Desk has a 12-month low of $19.74 and a 12-month high of $91.45. The company has a market capitalization of $11.71 billion, a PE ratio of 27.34, a price-to-earnings-growth ratio of 0.96 and a beta of 1.10. The firm's 50 day moving average is $23.77 and its 200-day moving average is $33.23.

Trade Desk (NASDAQ:TTD - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.59. Trade Desk had a net margin of 15.31% and a return on equity of 16.89%. The company had revenue of $846.79 million for the quarter, compared to the consensus estimate of $840.56 million. During the same period last year, the company earned $0.59 earnings per share. The firm's revenue was up 14.3% compared to the same quarter last year. As a group, sell-side analysts expect that Trade Desk will post 1.27 EPS for the current year.

Trade Desk declared that its Board of Directors has authorized a share 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 repurchase up to 2.9% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management 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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