Trade Desk Inc’s recent filing unveils that its Officer Green Jeffrey Terry acquired Company’s shares for reported $6.51 million on Jan 21 ’25. In the deal valued at $124.63 per share,52,200 shares were bought.
Then, Green Jeffrey Terry sold 18,207 shares, generating $2,283,821 in total proceeds. Upon selling the shares at $125.44, the President and CEO now owns 704,229 shares.
Before that, Green Jeffrey Terry bought 1,788 shares. Trade Desk Inc shares valued at $224,159 were divested by the Officer at a price of $125.37 per share.
JMP Securities initiated its Trade Desk Inc [TTD] rating to a Mkt outperform in a research note published on January 21, 2025; the price target was $150. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in mid January has reiterated a ‘”an Outperform”‘ rating for it. Scotiabank began covering TTD with “Sector perform” recommendation on December 05, 2024. New Street revised its rating on November 25, 2024. It rated TTD as “a Neutral” which previously was an “a Sell”.
Price Performance Review of TTD
On Tuesday, Trade Desk Inc [NASDAQ:TTD] saw its stock jump 0.06% to $124.50. Over the last five days, the stock has gained 5.61%. Trade Desk Inc shares have risen nearly 5.93% since the year began. Nevertheless, the stocks have risen 91.39% over the past one year. While a 52-week high of $141.53 was reached on 01/06/25, a 52-week low of $63.62 was recorded on 01/14/25. SMA at 50 days reached $126.62, while 200 days put it at $105.89.
Levels Of Support And Resistance For TTD Stock
The 24-hour chart illustrates a support level at 123.08, which if violated will result in even more drops to 121.65. On the upside, there is a resistance level at 126.05. A further resistance level may holdings at 127.60. The Relative Strength Index (RSI) on the 14-day chart is 52.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.32%. Stochastics %K at 73.23% 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 2024-12-31, growing by 0.27 million shares to a total of 10.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 9.79 million shares. There was a rise of 2.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 29, 2024 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $150 price target.
