In a filing, Trade Desk Inc revealed its Officer SAMANTHA JACOBSON acquired Company’s shares for reported $2.83 million on Nov 29 ’24. In the deal valued at $128.25 per share,22,062 shares were bought.
Then, Schenkein Laura sold 3,131 shares, generating $369,364 in total proceeds. Upon selling the shares at $117.97, the Chief Financial Officer now owns 684,867 shares.
Before that, LAURA SCHENKEIN bought 3,131 shares. Trade Desk Inc shares valued at $369,364 were divested by the Officer at a price of $117.97 per share.
New Street upgraded its Trade Desk Inc [TTD] rating to a Neutral from a a Sell in a research note published on November 25, 2024; the price target was increased to $115 from $85. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late October with a ‘”an Overweight”‘ rating. New Street also remained covering TTD and has decreased its forecast on October 29, 2024 with a “Sell” recommendation from previously “Neutral” rating. Truist maintained its rating on October 02, 2024. It rated TTD as “a Buy”.
Price Performance Review of TTD
On Friday, Trade Desk Inc [NASDAQ:TTD] saw its stock jump 0.31% to $128.55. Over the last five days, the stock has gained 0.94%. Trade Desk Inc shares have risen nearly 78.64% since the year began. Nevertheless, the stocks have risen 82.68% over the past one year. While a 52-week high of $132.65 was reached on 11/07/24, a 52-week low of $61.47 was recorded on 01/17/24. SMA at 50 days reached $119.09, while 200 days put it at $98.70.
Levels Of Support And Resistance For TTD Stock
The 24-hour chart illustrates a support level at 127.65, which if violated will result in even more drops to 126.74. On the upside, there is a resistance level at 129.32. A further resistance level may holdings at 130.08. The Relative Strength Index (RSI) on the 14-day chart is 58.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.27%. Stochastics %K at 74.16% 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 2024-11-15, dropping by -1.48 million shares to a total of 10.39 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 11.87 million shares. There was a decline of -14.23%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 01, 2024 when Needham resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $125.
