The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Trade Desk Inc shares valued at $509,547 were purchased by SAMANTHA JACOBSON on Jan 28 ’25. At $118.55 per share, SAMANTHA JACOBSON acquired 4,298 shares.
Also, Green Jeffrey Terry sold 512,953 shares, netting a total of over 63,949,848 in proceeds. Following the sale of shares at $124.67 each, the insider now holds 243,476 shares.
Before that, Green Jeffrey Terry had sold 409,205 shares from its account. In a trade valued at $49,876,668, the President and CEO traded Trade Desk Inc shares for $121.89 each. Upon closing the transaction, the insider’s holdings decreased to 409,205 shares, worth approximately $0.45 million.
As published in their initiating research note from JMP Securities on January 21, 2025, Trade Desk Inc [TTD] has been a Mkt outperform and the price target has been revised to $150. Analysts at BMO Capital Markets resumed the stock at ‘”an Outperform”‘ outlook in a report released in mid January. As of December 05, 2024, Scotiabank has initiated its “Sector perform” rating for TTD. Earlier on November 25, 2024, New Street upgraded its rating. Their new recommendation was “a Neutral” for TTD stock which previously was a “a Sell”.
Analyzing TTD Stock Performance
During the last five days, there has been a surge of approximately 1.57%. Over the course of the year, Trade Desk Inc shares have jumped approximately 4.31%. Shares of the company reached a 52-week high of $127.59 on 01/06/25 and a 52-week low of $115.85 on 01/14/25. A 50-day SMA is recorded $125.65, while a 200-day SMA reached $106.91. Nevertheless, trading volume fell to 3.59 million shares from 4.6 million shares the previous day.
Support And Resistance Levels for Trade Desk Inc (TTD)
According to the 24-hour chart, there is a support level at 119.65, which, if violated, would cause prices to drop to 116.71. In the upper region, resistance lies at 124.78. The next price resistance is at 126.97. RSI (Relative Strength Index) is 50.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.29, which suggests the price will decrease in the coming days. Percent R is at 34.88%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
