Trade Desk Inc’s recently made public that its President and CEO Green Jeffrey Terry unloaded Company’s shares for reported $48.27 million on Feb 11 ’25. In the deal valued at $120.68 per share,400,000 shares were sold. As a result of this transaction, Green Jeffrey Terry now holds 3,700 shares worth roughly $0.21 million.
Then, Green Jeffrey Terry bought 40,000 shares, generating $4,825,638 in total proceeds.
Before that, Green Jeffrey Terry sold 143,985 shares. Trade Desk Inc shares valued at $17,540,007 were divested by the President and CEO at a price of $121.82 per share. As a result of the transaction, Green Jeffrey Terry now holds 3,700 shares, worth roughly $0.21 million.
Cleveland Research downgraded its Trade Desk Inc [TTD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in early March from “a Sell” to “a Hold”. Evercore ISI also remained covering TTD and has decreased its forecast on February 13, 2025 with a “an In-line” recommendation from previously “an Outperform” rating. JMP Securities started covering the stock on January 21, 2025. It rated TTD as “a Mkt outperform”.
Price Performance Review of TTD
On Monday, Trade Desk Inc [NASDAQ:TTD] saw its stock jump 4.75% to $56.50. Over the last five days, the stock has lost -6.32%. Trade Desk Inc shares have fallen nearly -51.93% since the year began. Nevertheless, the stocks have fallen -29.52% over the past one year. While a 52-week high of $141.53 was reached on 01/06/25, a 52-week low of $53.42 was recorded on 03/14/25. SMA at 50 days reached $97.19, while 200 days put it at $106.37.
Levels Of Support And Resistance For TTD Stock
The 24-hour chart illustrates a support level at 54.81, which if violated will result in even more drops to 53.11. On the upside, there is a resistance level at 57.44. A further resistance level may holdings at 58.37. The Relative Strength Index (RSI) on the 14-day chart is 22.01, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.04%. Stochastics %K at 5.65% indicates the stock is a buying.
How much short interest is there in Trade Desk Inc?
A steep rise in short interest was recorded in Trade Desk Inc stocks on 2025-02-28, growing by 6.14 million shares to a total of 16.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.27 million shares. There was a rise of 37.44%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 15, 2025 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $160.
