In today’s recent session, 1.14 million shares of the Trade Desk Inc (NASDAQ:TTD) have been traded, and its beta is 1.35. Most recently the company’s share price was $75.73, and it changed around $1.7 or 2.30% from the last close, which brings the market valuation of the company to $37.22B. TTD at last check was trading at a discount to its 52-week high of $141.53, offering almost -86.89% off that amount. The share price’s 52-week low was $42.96, which indicates that the recent value has risen by an impressive 43.27% since then. We note from Trade Desk Inc’s average daily trading volume that its 10-day average is 6.48 million shares, with the 3-month average coming to 8.92 million.
Trade Desk Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.73. If we narrow it down even further, the data shows that 2 out of 40 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 11 recommended TTD as a Hold, whereas 23 deemed it a Buy, and 0 rated it as Underweight.
Trade Desk Inc (NASDAQ:TTD) trade information
Instantly TTD has been showing a green trend so far today with a performance of 2.30% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 76.16 on recent trading dayincreased the stock’s daily price by 0.56%. The company’s shares are currently down -24.19% year-to-date, but still up 3.05% over the last five days. On the other hand, Trade Desk Inc (NASDAQ:TTD) is 5.98% up in the 30-day period. We can see from the shorts that 22.31 million shares have been sold at a short interest cover period of 3.31 day(s).
The consensus price target as assigned by Wall Street analysts is $100, which translates to bulls needing to increase their stock price by 24.27% from its current value. Analyst projections state that TTD is forecast to be at a low of $75 and a high of $125.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 28.15%. Trade Desk Inc earnings are expected to increase by -50.77% in 2025, but the outlook is negative -3.54% per year for the next five years.
TTD Dividends
Trade Desk Inc’s next quarterly earnings report is expected to be released on 2025-May-08.
Trade Desk Inc (NASDAQ:TTD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.67% of Trade Desk Inc shares, and 81.56% of them are in the hands of institutional investors. The stock currently has a share float of 82.11%. Trade Desk Inc stock is held by 1446.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.641% of the shares, which is about 42.29 million shares worth $4.13 billion.
BAILLIE GIFFORD & CO, with 7.5601% or 37.0 million shares worth $3.61 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
