Trade Desk (NASDAQ:TTD) Stock Price Down 1.4% - Should You Sell?

Key Points

• Trade Desk (NASDAQ:TTD) shares fell 1.4% to $51.33, with trading volume down 67% from the average, reflecting investor caution.
• Analysts' ratings on Trade Desk are mixed; Moffett Nathanson downgraded the stock to "sell" with a target of $45, while Macquarie raised its target to $92.
• The company reported an EPS of $0.18 for the last quarter, missing estimates by $0.24, despite an 18.7% revenue increase year-over-year.

The Trade Desk (NASDAQ:TTD - Get Free Report) dropped 1.4% during mid-day trading on Monday . The stock traded as low as $50.64 and last traded at $51.33. Approximately 3,717,565 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 11,144,059 shares. The stock had previously closed at $52.07.

Wall Street Analyst Weigh In

TTD has been the topic of a number of analyst reports. Moffett Nathanson lowered shares of Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 target price on the stock. in a research report on Friday, August 8th. Citigroup reaffirmed a "neutral" rating and set a $65.00 price objective (down from $90.00) on shares of Trade Desk in a research note on Friday, August 8th. Macquarie increased their price objective on shares of Trade Desk from $90.00 to $92.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Wells Fargo & Company cut shares of Trade Desk from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $74.00 to $68.00 in a research report on Thursday, June 26th. Finally, Jefferies Financial Group lowered shares of Trade Desk from a "buy" rating to a "hold" rating and dropped their price target for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $88.58.

Trade Desk Stock Down 0.0%

The firm has a market capitalization of $25.45 billion, a price-to-earnings ratio of 62.60, a P/E/G ratio of 2.67 and a beta of 1.36. The business has a 50-day moving average of $69.29 and a two-hundred day moving average of $65.19.

Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to analyst estimates of $686.00 million. During the same period in the prior year, the company earned $0.39 EPS. The business's quarterly revenue was up 18.7% compared to the same quarter last year. Trade Desk has set its Q3 2025 guidance at EPS. Equities analysts predict that The Trade Desk will post 1.06 EPS for the current fiscal year.

Insider Transactions at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of the firm's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total value of $4,676,622.20. Following the transaction, the insider owned 218,246 shares in the company, valued at $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 10.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Investment Management Corp VA ADV bought a new stake in shares of Trade Desk during the fourth quarter worth $25,000. Banque Cantonale Vaudoise purchased a new position in shares of Trade Desk in the first quarter worth about $26,000. Sound Income Strategies LLC lifted its holdings in shares of Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock worth $26,000 after acquiring an additional 270 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of Trade Desk in the 1st quarter worth about $27,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Trade Desk in the 2nd quarter worth approximately $28,000. Institutional investors own 67.77% of the company's stock.

Trade Desk Company Profile

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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