Trade Desk Inc (NASDAQ: TTD) is -32.44% lower on its value in year-to-date trading and has touched a low of $42.96 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 $71.04 in the last trading session, with the day’s gains setting it 8.36%.
Currently trading at $79.40, the stock is 44.64% and 42.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 32.43 million and changing 11.77% at the moment leaves the stock -19.02% off its SMA200. TTD registered -7.70% loss for a year compared to 6-month loss of -36.38%.
The stock witnessed a 61.15% gain in the last 1 month and extending the period to 3 months gives it a -35.20%, and is 43.06% up 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 5.93% over the week and 4.89% over the month.
Trade Desk Inc (TTD) has around 3522 employees, a market worth around $39.36B and $2.57B in sales. Current P/E ratio is 97.10 and Fwd P/E is 37.60. Profit margin for the company is 16.04%. Distance from 52-week low is 84.82% and -43.90% from its 52-week high. The company has generated returns on investments over the last 12 months (13.83%).
The EPS is expected to grow by 6.07% this year.
Trade Desk Inc (TTD) Top Institutional Holders
The shares outstanding are 495.73M, and float is at 449.36M with Short Float at 5.55%.
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 8.641% 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 7.5601 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 24.39 million shares representing 4.9842% and valued at over $2.38 billion, while MORGAN STANLEY holds 4.0215 of the shares totaling 19.68 million with a market value of $1.92 billion.
Trade Desk Inc (TTD) Insider Activity
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Still, SEC filings show that on Feb 11 ’25, Green Jeffrey Terry (President and CEO) disposed off 400,000 shares at an average price of $120.68 for $48.27 million. The insider now directly holds 3,700 shares of Trade Desk Inc (TTD).
