Trade Desk Inc’s recently made public that its President and CEO Green Jeffrey Terry unloaded Company’s shares for reported $2.28 million on Jan 07 ’25. In the deal valued at $125.44 per share,18,207 shares were sold. As a result of this transaction, Green Jeffrey Terry now holds 704,229 shares worth roughly $83.66 million.
Then, Green Jeffrey Terry bought 1,788 shares, generating $224,159 in total proceeds.
Before that, Jacobson Samantha sold 4,297 shares. Trade Desk Inc shares valued at $513,316 were divested by the Chief Strategy Officer at a price of $119.46 per share. As a result of the transaction, Jacobson Samantha now holds 90,709 shares, worth roughly $10.78 million.
Scotiabank initiated its Trade Desk Inc [TTD] rating to a Sector perform in a research note published on December 05, 2024; the price target was $133. A number of analysts have revised their coverage, including New Street’s analysts, who increased its forecast for the stock in late November from “a Sell” to “a Neutral”. Wells Fargo began covering TTD with “an Overweight” recommendation on October 29, 2024. New Street revised its rating on October 29, 2024. It rated TTD as “a Sell” which previously was an “a Neutral”.
Price Performance Review of TTD
On Friday, Trade Desk Inc [NASDAQ:TTD] saw its stock fall -2.24% to $118.80. Over the last five days, the stock has gained 0.91%. Trade Desk Inc shares have risen nearly 1.08% since the year began. Nevertheless, the stocks have risen 73.56% over the past one year. While a 52-week high of $141.53 was reached on 01/06/25, a 52-week low of $61.47 was recorded on 01/02/25. SMA at 50 days reached $126.56, while 200 days put it at $104.89.
Levels Of Support And Resistance For TTD Stock
The 24-hour chart illustrates a support level at 117.03, which if violated will result in even more drops to 115.25. On the upside, there is a resistance level at 120.30. A further resistance level may holdings at 121.80. The Relative Strength Index (RSI) on the 14-day chart is 40.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.50%. Stochastics %K at 22.15% 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 2024-12-13, dropping by -0.64 million shares to a total of 9.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.39 million shares. There was a decline of -6.54%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 02, 2024 when Truist resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $120.
