Trade Desk Inc’s recent filing unveils that its Officer LAURA SCHENKEIN acquired Company’s shares for reported $3.53 million on Nov 07 ’24. In the deal valued at $127.55 per share,27,687 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Schenkein Laura sold 25,000 shares, generating $3,010,750 in total proceeds. Upon selling the shares at $120.43, the Chief Financial Officer now owns 693,953 shares.
Before that, Rajaram Gokul sold 1,355 shares. Trade Desk Inc shares valued at $159,741 were divested by the Director at a price of $117.89 per share. As a result of the transaction, Rajaram Gokul now holds 28,636 shares, worth roughly $3.7 million.
Wells Fargo initiated its Trade Desk Inc [TTD] rating to an Overweight in a research note published on October 29, 2024; the price target was $150. A number of analysts have revised their coverage, including New Street’s analysts, who decreased its forecast for the stock in late October from “a Neutral” to “a Sell”. Truist also remained covering TTD and reiterated its “Buy” recommendation on October 02, 2024. Needham maintained its rating on October 01, 2024. It rated TTD as “a Buy”.
Price Performance Review of TTD
On Monday, Trade Desk Inc [NASDAQ:TTD] saw its stock jump 3.36% to $129.34. Over the last five days, the stock has gained 9.36%. Trade Desk Inc shares have risen nearly 79.74% since the year began. Nevertheless, the stocks have risen 68.39% over the past one year. While a 52-week high of $132.65 was reached on 11/07/24, a 52-week low of $60.23 was recorded on 01/17/24. SMA at 50 days reached $113.32, while 200 days put it at $95.10.
Levels Of Support And Resistance For TTD Stock
The 24-hour chart illustrates a support level at 125.71, which if violated will result in even more drops to 122.09. On the upside, there is a resistance level at 132.38. A further resistance level may holdings at 135.43. The Relative Strength Index (RSI) on the 14-day chart is 65.89, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.08, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 19.71%. Stochastics %K at 78.26% indicates the stock is a holding.
How much short interest is there in Trade Desk Inc?
A steep rise in short interest was recorded in Trade Desk Inc stocks on 2024-10-15, growing by 0.89 million shares to a total of 11.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 10.97 million shares. There was a rise of 7.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 23, 2024 when MoffettNathanson began covering the stock and recommended ‘”a Neutral”‘ rating along with a $100 price target.
