Trade Desk (NASDAQ:TTD) Trading Down 3.1% After Analyst Downgrade

The Trade Desk (NASDAQ:TTD)’s share price was down 3.1% during trading on Tuesday after Wall Street Zen downgraded the stock from a hold rating to a sell rating. The stock traded as low as $52.91 and last traded at $52.98. Approximately 2,397,223 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 11,180,665 shares. The stock had previously closed at $54.66.

Several other equities research analysts also recently issued reports on the company. Arete Research upgraded Trade Desk to a “strong sell” rating in a research report on Monday, July 28th. Citizens Jmp dropped their target price on Trade Desk from $115.00 to $100.00 and set an “outperform” rating on the stock in a research report on Friday, May 9th. Rosenblatt Securities restated a “buy” rating on shares of Trade Desk in a research report on Friday, August 8th. UBS Group dropped their target price on Trade Desk from $105.00 to $80.00 and set a “buy” rating on the stock in a research report on Friday, August 15th. Finally, Wedbush restated an “outperform” rating and set a $86.00 target price on shares of Trade Desk in a research report on Tuesday, July 15th. Twenty-one analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, Trade Desk presently has an average rating of “Moderate Buy” and a consensus price target of $88.58.

Insider Activity

In other news, insider Jay R. Grant sold 51,290 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $91.18, for a total transaction of $4,676,622.20. Following the transaction, the insider directly owned 218,246 shares of the company’s stock, valued at approximately $19,899,670.28. The trade was a 19.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 10.00% of the company’s stock.

Institutional Trading of Trade Desk

Several large investors have recently bought and sold shares of TTD. Brighton Jones LLC boosted its position in Trade Desk by 3.8% during the 4th quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after acquiring an additional 169 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of Trade Desk by 24.3% during the fourth quarter. Bison Wealth LLC now owns 2,480 shares of the technology company’s stock valued at $291,000 after purchasing an additional 485 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of Trade Desk by 16.7% during the fourth quarter. Aptus Capital Advisors LLC now owns 4,805 shares of the technology company’s stock valued at $565,000 after purchasing an additional 689 shares during the last quarter. BNP Paribas purchased a new position in shares of Trade Desk during the fourth quarter valued at approximately $50,000. Finally, Bank of America Corp DE lifted its holdings in shares of Trade Desk by 13.2% during the fourth quarter. Bank of America Corp DE now owns 3,591,849 shares of the technology company’s stock valued at $422,150,000 after purchasing an additional 418,911 shares during the last quarter. 67.77% of the stock is owned by institutional investors.

Trade Desk Stock Down 0.9%

The company’s fifty day moving average price is $70.28 and its 200-day moving average price is $65.81. The stock has a market capitalization of $26.49 billion, a PE ratio of 65.28, a price-to-earnings-growth ratio of 2.81 and a beta of 1.36.

Trade Desk (NASDAQ:TTD) last released its earnings results on Thursday, August 7th. The technology company reported $0.18 earnings per share (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 analysts’ expectations of $686.00 million. During the same quarter in the previous year, the business posted $0.39 earnings per share. Trade Desk’s revenue for the quarter was up 18.7% on a year-over-year basis. Trade Desk has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that The Trade Desk will post 1.06 earnings per share for the current 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.