Trade Desk Inc (NASDAQ: TTD) is 14.13% higher on its value in year-to-date trading and has touched a low of $59.36 and a high of $94.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TTD stock was last observed hovering at around $80.99 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $82.13, the stock is -3.81% and 0.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.87 million and changing 1.41% at the moment leaves the stock 6.35% off its SMA200. TTD registered 35.33% gain for a year compared to 6-month loss of 2.36%.
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The stock witnessed a 7.05% gain in the last 1 month and extending the period to 3 months gives it a 28.81%, and is -5.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.75% over the week and 2.94% over the month.
Trade Desk Inc (TTD) has around 3115 employees, a market worth around $40.16B and $1.95B in sales. Current P/E ratio is 229.54 and Fwd P/E is 46.42. Profit margin for the company is 9.19%. Distance from 52-week low is 38.36% and -12.63% from its 52-week high. The company has generated returns on investments over the last 12 months (7.63%).
The EPS is expected to grow by 17.25% this year.
Trade Desk Inc (TTD) Top Institutional Holders
The shares outstanding are 445.00M, and float is at 441.09M with Short Float at 2.07%.
Trade Desk Inc (TTD) Insider Activity
The most recent transaction is an insider sale by Green Jeffrey Terry,the company’sPresident and CEO. SEC filings show that Green Jeffrey Terry sold 75,000 shares of the company’s common stock on Apr 04 ’24 at a price of $87.29 per share for a total of $6.55 million. Following the sale, the insider now owns 0.98 million shares.
Trade Desk Inc disclosed in a document filed with the SEC on Apr 03 ’24 that Green Jeffrey Terry (President and CEO) sold a total of 66,007 shares of the company’s common stock. The trade occurred on Apr 03 ’24 and was made at $87.38 per share for $5.77 million. Following the transaction, the insider now directly holds 1.05 million shares of the TTD stock.
Still, SEC filings show that on Mar 25 ’24, Green Jeffrey Terry (President and CEO) disposed off 75,000 shares at an average price of $85.42 for $6.41 million. The insider now directly holds 1,117,629 shares of Trade Desk Inc (TTD).
