Media headlines about Trade Desk (NASDAQ:TTD) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Trade Desk earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 45.2062292838821 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Trade Desk (NASDAQ:TTD) opened at $49.13 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.56 and a current ratio of 1.56. The company has a market capitalization of $2,020.00 and a PE ratio of 48.17. Trade Desk has a 52 week low of $28.11 and a 52 week high of $67.30.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, November 9th. The technology company reported $0.35 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.15. The firm had revenue of $79.40 million during the quarter, compared to the consensus estimate of $76.84 million. Trade Desk had a return on equity of 24.34% and a net margin of 15.93%. The business’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 earnings per share. sell-side analysts forecast that Trade Desk will post 1.28 EPS for the current year.

TTD has been the subject of several recent analyst reports. Jefferies Group reaffirmed a “buy” rating and set a $63.00 price objective on shares of Trade Desk in a research report on Friday, November 10th. Vetr raised shares of Trade Desk from a “buy” rating to a “strong-buy” rating and set a $71.76 price objective for the company in a research report on Thursday, November 9th. Royal Bank of Canada upped their price objective on shares of Trade Desk from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Zacks Investment Research cut shares of Trade Desk from a “buy” rating to a “hold” rating in a research report on Friday, October 13th. Finally, BidaskClub cut shares of Trade Desk from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating and twelve have assigned a buy rating to the company. Trade Desk currently has a consensus rating of “Buy” and an average price target of $63.79.

In other Trade Desk news, insider Jeffrey Terry Green sold 9,000 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was sold at an average price of $47.61, for a total transaction of $428,490.00. Following the completion of the transaction, the insider now owns 113,744 shares of the company’s stock, valued at $5,415,351.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Robert David Perdue sold 7,500 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $46.37, for a total value of $347,775.00. Following the transaction, the chief operating officer now directly owns 102,238 shares of the company’s stock, valued at approximately $4,740,776.06. The disclosure for this sale can be found here. In the last three months, insiders have sold 90,616 shares of company stock valued at $4,964,670. Insiders own 26.87% of the company’s stock.

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Trade Desk Company Profile

The Trade Desk, Inc is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television.

Insider Buying and Selling by Quarter for Trade Desk (NASDAQ:TTD)

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