Streetbeat News

TTD

The Trade Desk, Inc.

https://www.thetradedesk.com

Industry

Software - Application

Trade Desk, Inc. operates as a technology company in the United States and internationally. The company operates a self-service cloud-based platform that allows buyers to create, manage, and optimize data-driven digital advertising campaigns across various ad formats and channels, including display, video, audio, native, and social on various devices, such as computers, mobile devices, and connected TV. It also provides data and other value-added services. The company serves advertising agencies and other service providers for advertisers. The Trade Desk, Inc. was incorporated in 2009 and is headquartered in Ventura, California.

Open

124.25

Mkt cap

58B

Volume

5.1M

High

124.50

P/E Ratio

190.56

52-wk high

132.65

Low

117.74

Div yield

N/A

52-wk low

61.48

Insiders at Citigroup, Interactive Brokers, Zoom Video Communications, and The Trade Desk have recently sold significant amounts of shares. While insider sales can sometimes indicate concern about a company's prospects, they can also be part of a preplanned sale. All four companies have recently reported better-than-expected earnings.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 11:45 am

Trade Desk Inc.'s (NASDAQ:TTD) stock has increased by 1.44% over the past month and by 34.92% over the past year. The company's P/E ratio of 295.27 is higher than the Media industry's aggregate P/E ratio of 107.03, indicating that the stock might be overvalued. However, a high P/E ratio could also suggest that investors expect the company to perform better in the future.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 4:15 pm

Software stocks are trading lower due to a rise in Treasury yields. The stocks mentioned include CRM, HUBS, NOW, SHOP, TTD, TWLO.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2023 | 7:49 pm

Trade Desk's (NYSE:TTD) short percent of float has fallen 5.32% since its last report, with 11.25 million shares sold short, which is 2.85% of all regular shares available for trading. It would take traders 3.55 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 4.19%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 3:45 pm

Insiders at four companies, namely GameStop Corp. (GME), CrowdStrike Holdings, Inc. (CRWD), The Trade Desk, Inc. (TTD), and United Natural Foods, Inc. (UNFI), have recently sold shares. The reasons for these sales are not explicitly stated, but they could be due to preplanned sales or concerns about the companies' prospects. It's important to note that insider sales should not be the sole indicator for making investment decisions.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 11:58 am

Several major stocks including Manchester United plc, BioNTech SE, Moderna, Inc., Elbit Systems Ltd., The Trade Desk, Inc., Maxeon Solar Technologies, Ltd., and Novavax, Inc. recorded losses in Monday's pre-market trading session. BioNTech and Moderna's shares dipped following Pfizer's cut in its COVID-19 vaccine and therapy sales outlook.

Portfolio Pulse from Lisa Levin

October 16, 2023 | 11:33 am

Trade Desk (NASDAQ:TTD) has outperformed the market over the past 5 years by 35.02% on an annualized basis, producing an average annual return of 44.02%. If an investor had bought $1000 of TTD stock 5 years ago, it would be worth $6,496.33 today.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 6:30 pm

A significant investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 87% of the spotted trades being bearish. The whales have been targeting a price range from $50.0 to $90.0 for Trade Desk over the last 3 months. UBS has downgraded its action to Buy with a price target of $100. The price of TTD is up 0.52% at $85.6.

Portfolio Pulse from Benzinga Insights

October 11, 2023 | 4:16 pm

Several US stocks recorded gains in Friday's session. Notably, TROOPS, Inc. (TROO) surged 14.9%, NuScale Power Corporation (SMR) jumped 13.3% after Standard Power chose its SMR technology for two projects, and Scholar Rock Holding Corporation (SRRK) climbed 11% after completing enrollment for a Phase 3 trial. Overstock.com (OSTK) gained 11.4% after a director bought 31,800 shares, and Edgewise Therapeutics (EWTX) rose 10.4% after starting enrollment for a pivotal study. Pioneer Natural Resources (PXD) gained 9.8% following a report of a potential acquisition by Exxon Mobil (XOM), and Stagwell Inc. (STGW) gained 9.7% after a Buy rating initiation and $8 price target announcement.

Portfolio Pulse from Lisa Levin

October 06, 2023 | 4:10 pm

A whale investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 60% of the spotted trades being bearish. The total amount for puts is $75,685 and for calls is $398,012. Whales have been targeting a price range from $25.0 to $80.0 for Trade Desk over the last 3 months. The price of TTD is down -1.22% at $77.21. UBS has downgraded its action to Buy with a price target of $100.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 2:46 pm

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