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 $48,271,897 were sold by Green Jeffrey Terry on Feb 11 ’25. At $120.68 per share, Green Jeffrey Terry sold 400,000 shares. The insider’s holdings dropped to 3,700 shares worth approximately $0.3 million following the completion of this transaction.
Also, Green Jeffrey Terry purchased 40,000 shares, netting a total of over 4,825,638 in proceeds.
Before that, Green Jeffrey Terry had sold 143,985 shares from its account. In a trade valued at $17,540,007, the President and CEO traded Trade Desk Inc shares for $121.82 each. Upon closing the transaction, the insider’s holdings decreased to 143,985 shares, worth approximately $0.3 million.
As published in a research note from Evercore ISI on February 13, 2025, Trade Desk Inc [TTD] has been rated down from an Outperform to an In-line and the price target has been revised to $90 from $135. Analysts at JMP Securities started covering the stock with ‘”a Mkt outperform”‘ outlook in a report released in late January. As of January 15, 2025, BMO Capital Markets has reiterated its “an Outperform” rating for TTD. Earlier on December 05, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for TTD stock.
Analyzing TTD Stock Performance
During the last five days, there has been a drop of approximately -28.55%. Over the course of the year, Trade Desk Inc shares have dropped approximately -30.30%. Shares of the company reached a 52-week high of $127.59 on 01/06/25 and a 52-week low of $80.65 on 02/13/25. A 50-day SMA is recorded $123.36, while a 200-day SMA reached $108.73. Nevertheless, trading volume fell to 55.77 million shares from 11.5 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 79.99, which, if violated, would cause prices to drop to 78.06. In the upper region, resistance lies at 84.51. The next price resistance is at 87.11. RSI (Relative Strength Index) is 21.97 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.92, which suggests the price will decrease in the coming days. Percent R is at 97.20%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
