The price of Trade Desk Inc (NASDAQ:TTD) shares last traded on Wall Street fell -2.84% to $69.8.
TTD stock price is now 5.89% away from the 50-day moving average and -26.16% away from the 200-day moving average. The market capitalization of the company currently stands at $34.30B.
With the price target enhanced from $80 to $86, Wedbush maintained Outperform rating for Trade Desk Inc (NASDAQ: TTD). On May 09, 2025, Truist reiterated its ‘Buy’ rating on the stock by increasing its target price from $95 to quote $100, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, Schenkein Laura, Chief Financial Officer sold 4,809 shares of the company’s stock on May 16 ’25. The stock was sold for $368,662 at an average price of $76.66. Upon completion of the transaction, the Chief Financial Officer now directly owns 745,902 shares in the company, valued at $52.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Officer LAURA SCHENKEIN bought 4,809 shares of the business’s stock. A total of $368,682 was incurred on buying the stock at an average price of $76.67. A total of 9.33% of the company’s stock is owned by insiders.
During the past 12 months, Trade Desk Inc has had a low of $42.96 and a high of $141.53. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 1.81, and a quick ratio of 1.81. The fifty day moving average price for TTD is $65.9202 and a two-hundred day moving average price translates $94.52555 for the stock.
The latest earnings results from Trade Desk Inc (NASDAQ: TTD) was released for 2025-03-31. The net profit margin was 16.04% and return on equity was 16.88% for TTD. The company reported revenue of $616.02 million for the quarter, compared to $491.25 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 25.4 percent. For the current quarter, analysts expect TTD to generate $685.65M in revenue.
