Understanding the Risks of Investing in The Trade Desk Inc. (TTD)


The Trade Desk Inc.’s recent filing unveils that its Chief Legal Officer GRANT JAY R unloaded Company’s shares for reported $0.11 million on Aug 23. In the deal valued at $75.03 per share,1,427 shares were sold. As a result of this transaction, GRANT JAY R now holds 154,636 shares worth roughly $ 12.36 million.

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Then, Rajaram Gokul sold 2,999 shares, generating $221,146 in total proceeds. Upon selling the shares at $73.74, the Director now owns 51,307 shares.

Before that, Rajaram Gokul sold 2,999 shares. The Trade Desk Inc. shares valued at $262,862 were divested by the Director at a price of $87.65 per share. As a result of the transaction, Rajaram Gokul now holds 54,306 shares, worth roughly $4.34 million.

Robert W. Baird initiated its The Trade Desk Inc. [TTD] rating to an Outperform in a research note published on Friday, August 18, 2023; the price target was $88. PT values the company’s stock at a premium of 9.17 to its Friday closing price.

Price Performance Review of TTD

On Friday, The Trade Desk Inc. [NASDAQ:TTD] saw its stock fall -0.12% to $79.93. On the same session, the stock had its day’s lowest price of $79.52, but rose to a high of $81.4799. Over the last five days, the stock has gained 5.30%. The Trade Desk Inc. shares have risen nearly 78.30% since the year began. Nevertheless, the stocks have risen 27.48% over the past one year. While a 52-week high of $91.85 was reached on 07/31/23, a 52-week low of $39.43 was recorded on 01/06/23. SMA at 50 days reached $80.49, while 200 days put it at $63.04. A total of 3.04 million shares were traded, compared to the trading of 3.36 million shares in the previous session.

Levels Of Support And Resistance For TTD Stock

The 24-hour chart illustrates a support level at 79.14, which if violated will result in even more drops to 78.35. On the upside, there is a resistance level at 81.10. A further resistance level may holdings at 82.27. The Relative Strength Index (RSI) on the 14-day chart is 53.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.29, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.18%. Stochastics %K at 93.34% indicates the stock is a selling.

How much short interest is there in The Trade Desk Inc.?

A steep rise in short interest was recorded in The Trade Desk Inc. stocks on Aug 14, 2023, dropping by -1.12 million shares to a total of 12.07 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 13.19 million shares. There was a decline of -9.28%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.06% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.51.

The Trade Desk Inc. [TTD] – Who Are The Largest Shareholders?

In filings from Baillie Gifford & Co., it is revealed that the company now owns 45,491,130 shares, or roughly 10.23% of the outstanding TTD shares. In other words, the investor’s shares have fallen by -340,007 from its previous 13-F filing of 45831137.0. Additionally, The Vanguard Group, Inc. decreased -0.01% of its stake after which the total value it holdings stand at $3,664,430,130, while Morgan Stanley Investment Managem reduced -6.72% of its stake to hold $2.57 billion in the firm. Over the last quarter, BlackRock Fund Advisors purchased 495,726 shares of The Trade Desk Inc., while JPMorgan Investment Management, I bought -412,079 shares. At present, T. Rowe Price Investment Manageme is holding 14,804,002 shares valued at $1.35 billion. T. Rowe Price Associates, Inc. owned 12,552,135 shares of the company at the time of its most recent 13F filing, worth $1.15 billion.


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