Rosenblatt Securities reiterated their neutral rating on shares of Trade Desk (NASDAQ:TTD – Free Report) in a research report released on Wednesday morning, MarketBeat Ratings reports. They currently have a $25.00 target price on the technology company’s stock, down from their previous target price of $36.00.
TTD has been the subject of a number of other reports. New Street Research downgraded Trade Desk from a “neutral” rating to a “sell” rating and set a $17.00 price objective for the company. in a research note on Thursday, February 26th. Moffett Nathanson reaffirmed a “neutral” rating and set a $32.00 price target on shares of Trade Desk in a report on Thursday, February 26th. Truist Financial lowered their price target on shares of Trade Desk from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Needham & Company LLC reduced their price objective on shares of Trade Desk from $60.00 to $32.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Finally, BNP Paribas Exane initiated coverage on shares of Trade Desk in a research note on Wednesday, January 14th. They issued a “neutral” rating and a $40.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eighteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $41.94.
Read Our Latest Report on Trade Desk
Trade Desk Stock Performance
Trade Desk (NASDAQ:TTD – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The technology company reported $0.59 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.59. Trade Desk had a return on equity of 16.89% and a net margin of 15.31%.The business had revenue of $846.79 million during the quarter, compared to analyst estimates of $840.56 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. Trade Desk’s revenue for the quarter was up 14.3% on a year-over-year basis. On average, sell-side analysts forecast that Trade Desk will post 1.06 EPS for the current year.
Trade Desk announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, February 25th that allows the company to buyback $350.00 million in outstanding shares. This buyback authorization allows the technology company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.
Insiders Place Their Bets
In other Trade Desk news, Director Kathryn E. Falberg sold 102,828 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $30.45, for a total value of $3,131,112.60. Following the completion of the transaction, the director directly owned 1,946 shares in the company, valued at $59,255.70. This represents a 98.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 10.00% of the stock is owned by insiders.
Institutional Investors Weigh In On Trade Desk
Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Trade Desk by 27.7% in the 3rd quarter. Vanguard Group Inc. now owns 56,875,852 shares of the technology company’s stock valued at $2,787,486,000 after acquiring an additional 12,321,000 shares during the last quarter. State Street Corp boosted its holdings in shares of Trade Desk by 271.1% during the 3rd quarter. State Street Corp now owns 36,354,274 shares of the technology company’s stock valued at $1,781,723,000 after purchasing an additional 26,559,005 shares during the last quarter. Brown Advisory Inc. grew its position in shares of Trade Desk by 2.7% during the second quarter. Brown Advisory Inc. now owns 8,323,522 shares of the technology company’s stock valued at $599,212,000 after purchasing an additional 221,228 shares in the last quarter. Invesco Ltd. grew its position in shares of Trade Desk by 101.0% during the third quarter. Invesco Ltd. now owns 6,807,971 shares of the technology company’s stock valued at $333,659,000 after purchasing an additional 3,421,074 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Trade Desk in the fourth quarter worth about $197,550,000. Institutional investors own 67.77% of the company’s stock.
More Trade Desk News
Here are the key news stories impacting Trade Desk this week:
- Positive Sentiment: CEO Jeff Green’s large insider share purchase and reports of early OpenAI collaboration reinforce management conviction and the company’s AI/CTV strategy, which could support long‑term growth.Trade Desk (TTD) Is Down After Publicis Audit, Kokai Concerns And CEO Share Buying
- Positive Sentiment: Arete Research upgraded TTD (small scope), signaling some analysts still see value after the recent pullback.Trade Desk (NASDAQ:TTD) Stock Rating Upgraded by Arete Research
- Neutral Sentiment: Trade Desk has publicly disputed the audit findings and denied an “audit failure,” which could limit client fallout if clarified; the situation remains unresolved.The Trade Desk Denies Audit Failure as Publicis Warns Clients
- Neutral Sentiment: Rosenblatt left a neutral rating but cut its price target to $25, reflecting more cautious near‑term expectations while not fully abandoning the longer‑term case.Benzinga Rosenblatt Note
- Negative Sentiment: Publicis’ third‑party audit reportedly found issues and the holding company advised clients against using The Trade Desk’s platform — the immediate trigger for the selloff and a direct hit to client retention risk.The Trade Desk under pressure after audit allegations, Jefferies flags growth risks
- Negative Sentiment: Analysts have downgraded the stock (Stifel, Jefferies and others flagged breaches/ growth risks), increasing downward pressure on sentiment and amplifying the stock’s volatility.Stifel Lowers Trade Desk After Publicis Audit Finds Agreement Breach
- Negative Sentiment: Institutional selling: reports say Baron Opportunity Fund sold its stake citing competitive pressure, a sign some large holders are trimming exposure amid uncertainty.Baron Opportunity Fund Sold Its Stake in The Trade Desk
- Negative Sentiment: Market reaction: the audit story prompted a sharp two‑day selloff (~double‑digit on reports), heavier volume and widened downside momentum — heightening near‑term execution and retention concerns for TTD’s ad business.Trade Desk Reels as Publicis Report Triggers a Two-Day Selloff
Trade Desk Company Profile
The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.
Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.
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