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 $17,540,007 were sold by Green Jeffrey Terry on Jan 30 ’25. At $121.82 per share, Green Jeffrey Terry sold 143,985 shares. The insider’s holdings dropped to 3,700 shares worth approximately $0.42 million following the completion of this transaction.
Also, Jacobson Samantha sold 4,298 shares, netting a total of over 509,551 in proceeds. Following the sale of shares at $118.56 each, the insider now holds 90,709 shares.
Before that, Green Jeffrey Terry had added 16,357 shares to its account. In a trade valued at $1,985,474, the Officer bought Trade Desk Inc shares for $121.38 each.
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 drop of approximately -6.73%. Over the course of the year, Trade Desk Inc shares have dropped approximately -2.71%. Shares of the company reached a 52-week high of $127.59 on 01/06/25 and a 52-week low of $112.49 on 02/04/25. A 50-day SMA is recorded $125.23, while a 200-day SMA reached $107.78. Nevertheless, trading volume fell to 4.5 million shares from 6.18 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 113.45, which, if violated, would cause prices to drop to 112.55. In the upper region, resistance lies at 114.85. The next price resistance is at 115.35. RSI (Relative Strength Index) is 38.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.39, which suggests the price will decrease in the coming days. Percent R is at 86.51%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
