Trade Desk's (TTD) "Hold (C)" Rating Reaffirmed at Weiss Ratings

Key Points

• Trade Desk's stock has received a "Hold (C)" rating from Weiss Ratings, despite mixed reviews from other research analysts, with ratings ranging from "Buy" to "Sell."
• The company's stock price hit $52.00 after a 3.9% decline in trading, continuing a downward trend from a 12-month high of $141.53.
• In its latest quarterly earnings, Trade Desk reported earnings per share of $0.18, missing estimates, while revenue increased 18.7% year-over-year to $694.04 million.

Trade Desk (NASDAQ:TTD - Get Free Report)'s stock had its "hold (c)" rating reiterated by equities researchers at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Other research analysts have also recently issued research reports about the stock. Jefferies Financial Group cut shares of Trade Desk from a "buy" rating to a "hold" rating and cut their price objective for the company from $100.00 to $50.00 in a research report on Monday, August 11th. Wedbush reiterated an "outperform" rating and set a $86.00 price objective on shares of Trade Desk in a research report on Tuesday, July 15th. KeyCorp boosted their price objective on shares of Trade Desk from $80.00 to $95.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. HSBC reiterated a "hold" rating and set a $56.00 price objective on shares of Trade Desk in a research report on Monday, August 11th. Finally, Moffett Nathanson cut shares of Trade Desk from a "neutral" rating to a "sell" rating and set a $45.00 price target on the stock. in a report on Friday, August 8th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Trade Desk currently has an average rating of "Hold" and a consensus target price of $84.48.

Trade Desk Trading Down 3.9%

TTD traded down $2.13 during trading hours on Friday, hitting $52.00. The company's stock had a trading volume of 12,254,669 shares, compared to its average volume of 11,930,172. The business's 50-day moving average price is $50.71 and its 200-day moving average price is $62.61. Trade Desk has a 12 month low of $42.96 and a 12 month high of $141.53. The stock has a market cap of $25.42 billion, a price-to-earnings ratio of 62.65, a P/E/G ratio of 2.89 and a beta of 1.38.

Trade Desk (NASDAQ:TTD - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.24). Trade Desk had a return on equity of 15.19% and a net margin of 15.57%.The business had revenue of $694.04 million during the quarter, compared to the consensus estimate of $686.00 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The company's revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. On average, analysts forecast that Trade Desk will post 1.06 earnings per share for the current year.

Insider Buying and Selling at Trade Desk

In other news, insider Jay R. Grant sold 51,290 shares of the business's stock in a transaction dated 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 owned 218,246 shares in the company, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andrea Lee Cunningham sold 1,403 shares of the company's stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $48.20, for a total transaction of $67,624.60. Following the completion of the sale, the director directly owned 5,035 shares of the company's stock, valued at $242,687. The trade was a 21.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 10.00% of the company's stock.

Hedge Funds Weigh In On Trade Desk

Large investors have recently bought and sold shares of the business. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its holdings in Trade Desk by 9.2% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,426,437 shares of the technology company's stock worth $77,213,000 after buying an additional 120,322 shares during the period. New York State Teachers Retirement System bought a new position in shares of Trade Desk in the 3rd quarter worth $14,415,000. Sachetta LLC raised its position in shares of Trade Desk by 25.3% in the 3rd quarter. Sachetta LLC now owns 1,803 shares of the technology company's stock worth $88,000 after acquiring an additional 364 shares in the last quarter. World Equity Group Inc. lifted its stake in shares of Trade Desk by 257.9% during the 3rd quarter. World Equity Group Inc. now owns 12,069 shares of the technology company's stock worth $592,000 after purchasing an additional 8,697 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in Trade Desk by 24.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 55,423 shares of the technology company's stock valued at $2,716,000 after purchasing an additional 10,964 shares in the last quarter. Institutional investors 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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