Trade Desk Inc (NASDAQ: TTD) is -3.39% lower on its value in year-to-date trading and has touched a low of $66.56 and a high of $141.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TTD stock was last observed hovering at around $117.94 in the last trading session, with the day’s loss setting it -4.4%.
Currently trading at $113.54, the stock is -5.52% and -9.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.17 million and changing -3.73% at the moment leaves the stock 5.51% off its SMA200. TTD registered 68.93% gain for a year compared to 6-month gain of 36.66%. The firm has a 50-day simple moving average (SMA 50) of $125.5362 and a 200-day simple moving average (SMA200) of $107.44265.
The stock witnessed a -3.56% loss in the last 1 month and extending the period to 3 months gives it a -5.55%, and is -5.82% 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 3.86% over the week and 3.11% over the month.
Trade Desk Inc (TTD) has around 3115 employees, a market worth around $56.04B and $2.31B in sales. Current P/E ratio is 184.41 and Fwd P/E is 58.86. Profit margin for the company is 13.34%. Distance from 52-week low is 70.58% and -19.78% from its 52-week high. The company has generated returns on investments over the last 12 months (10.79%).
with sales reaching $759.56M over the same period.The EPS is expected to grow by 29.66% this year, but quarterly earnings will post 26.61% year-over-year. Quarterly sales are estimated to grow 25.38% in year-over-year returns.
Trade Desk Inc (TTD) Top Institutional Holders
1498.0 institutions hold shares in Trade Desk Inc (TTD), with institutional investors hold 89.63% of the company’s shares. The shares outstanding are 449.53M, and float is at 447.08M with Short Float at 2.20%. Institutions hold 79.71% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 42.29 million shares valued at $4.13 billion. The investor’s holdings represent 8.6552% of the TTD Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 37.0 million shares valued at $3.61 billion to account for 7.5725 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 24.39 million shares representing 4.9924% and valued at over $2.38 billion, while MORGAN STANLEY holds 4.0281 of the shares totaling 19.68 million with a market value of $1.92 billion.
Trade Desk Inc (TTD) Insider Activity
The most recent transaction is an insider sale by Green Jeffrey Terry, the company’s President and CEO. SEC filings show that Green Jeffrey Terry sold 143,985 shares of the company’s common stock on Jan 30 ’25 at a price of $121.82 per share for a total of $17.54 million. Following the sale, the insider now owns 3700.0 shares.
Trade Desk Inc disclosed in a document filed with the SEC on Jan 28 ’25 that Jacobson Samantha (Chief Strategy Officer) sold a total of 4,298 shares of the company’s common stock. The trade occurred on Jan 28 ’25 and was made at $118.56 per share for $0.51 million. Following the transaction, the insider now directly holds 90709.0 shares of the TTD stock.
Still, SEC filings show that on Jan 30 ’25, Green Jeffrey Terry (Officer) Proposed Sale 16,357 shares at an average price of $121.38 for $1.99 million. The insider now directly holds shares of Trade Desk Inc (TTD).
