The Trade Desk (NASDAQ:TTD) Given Consensus Recommendation of “Hold” by Brokerages

The Trade Desk (NASDAQ:TTD) has been assigned an average recommendation of “Hold” from the thirty-five ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and twenty have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $86.1515.

A number of equities analysts have weighed in on TTD shares. Bank of America restated an “underperform” rating and set a $55.00 price objective (down from $130.00) on shares of Trade Desk in a research report on Friday, August 8th. Wedbush reaffirmed an “outperform” rating and set a $86.00 price objective on shares of Trade Desk in a research note on Tuesday, July 15th. UBS Group dropped their price objective on shares of Trade Desk from $105.00 to $80.00 and set a “buy” rating for the company in a report on Friday, August 15th. Jefferies Financial Group lowered shares of Trade Desk from a “buy” rating to a “hold” rating and dropped their price objective for the company from $100.00 to $50.00 in a report on Monday, August 11th. Finally, Hsbc Global Res lowered shares of Trade Desk from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th.

Insider Activity

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 shares were sold at an average price of $91.18, for a total value of $4,676,622.20. Following the completion of the transaction, the insider owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. This trade represents a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Andrea Lee Cunningham sold 1,403 shares of the firm’s stock in a transaction that occurred on Wednesday, September 10th. The shares were 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 in the company, valued at approximately $242,687. This trade represents 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.

Institutional Trading of Trade Desk

Several hedge funds have recently added to or reduced their stakes in TTD. Banque Cantonale Vaudoise acquired a new stake in Trade Desk in the first quarter valued at approximately $26,000. Sound Income Strategies LLC raised its holdings in Trade Desk by 317.6% during the second quarter. Sound Income Strategies LLC now owns 355 shares of the technology company’s stock worth $26,000 after purchasing an additional 270 shares in the last quarter. Cloud Capital Management LLC acquired a new stake in Trade Desk during the first quarter worth approximately $27,000. Twin Peaks Wealth Advisors LLC acquired a new stake in Trade Desk during the second quarter worth approximately $28,000. Finally, Transce3nd LLC acquired a new stake in Trade Desk during the second quarter worth approximately $28,000. Institutional investors and hedge funds own 67.77% of the company’s stock.

Trade Desk Trading Up 5.3%

NASDAQ:TTD opened at $49.64 on Tuesday. The company has a market cap of $24.27 billion, a PE ratio of 59.81, a P/E/G ratio of 2.45 and a beta of 1.36. Trade Desk has a twelve month low of $42.96 and a twelve month high of $141.53. The company’s 50 day moving average is $59.82 and its two-hundred day moving average is $63.05.

Trade Desk (NASDAQ:TTD) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.18 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 business had revenue of $694.04 million for the quarter, compared to analyst estimates of $686.00 million. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The business’s revenue was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. As a group, analysts expect that Trade Desk will post 1.06 EPS for the current fiscal year.

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.