Trade Desk (NASDAQ:TTD) Shares Gap Up – Time to Buy?

The Trade Desk (NASDAQ:TTD)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $19.53, but opened at $20.28. Trade Desk shares last traded at $20.0650, with a volume of 1,987,390 shares trading hands.

Trending Headlines about Trade Desk

Here are the key news stories impacting Trade Desk this week:

• Positive Sentiment: The Trade Desk announced a new data partnership in Japan, integrating 7-Eleven Japan retail purchase data into its platform to help advertisers target campaigns more effectively. This expands its addressable data set and supports the company’s connected TV and retail media strategy. The Trade Desk Unlocks Activation of Convenience Store Retail Data for Digital Advertising in Japan
• Positive Sentiment: HSBC turned less bearish on The Trade Desk, upgrading the stock to Hold from a more cautious stance. That suggests some analysts see the selloff as overdone, which may help sentiment stabilize. HSBC Turns Less Bearish On The Trade Desk (TTD), Upgrades Stock to Hold
• Positive Sentiment: Multiple articles highlighted ongoing connected TV momentum and the company’s long-term AI/data-driven growth opportunity, pointing to a potentially improving outlook if ad spending trends remain strong. Can CTV Momentum Strengthen Trade Desk’s Growth Outlook?
• Neutral Sentiment: The Trade Desk added ad-tech veteran Penry Price to its board, a governance and strategic move that may strengthen leadership but is not likely to drive near-term fundamentals on its own. The Trade Desk Appoints Penry Price to Board of Directors
• Negative Sentiment: Investor commentary remains cautious about The Trade Desk’s growth trajectory, with some articles questioning whether the core growth story is still intact. That concern likely contributed to the stock weakness. The Trade Desk: The Growth Question Is Still Unanswered
• Negative Sentiment: The stock also fell despite a broader market gain, reinforcing the idea that investors are still discounting the company’s near-term growth and valuation outlook. The Trade Desk (TTD) Stock Sinks As Market Gains: What You Should Know

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TTD shares. Oppenheimer lowered shares of Trade Desk from an “outperform” rating to a “market perform” rating in a research report on Friday, May 8th. Citigroup reaffirmed a “neutral” rating on shares of Trade Desk in a research report on Friday, May 8th. UBS Group set a $28.00 price objective on Trade Desk and gave the stock a “buy” rating in a research note on Monday. Royal Bank Of Canada set a $33.00 target price on Trade Desk and gave the company an “outperform” rating in a research note on Friday, May 8th. Finally, William Blair lowered Trade Desk from an “outperform” rating to a “market perform” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-one have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $33.43.

Trade Desk Stock Down 4.3%

The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 21.52, a P/E/G ratio of 0.96 and a beta of 1.04. The business has a fifty day simple moving average of $20.16 and a two-hundred day simple moving average of $25.18.

Trade Desk (NASDAQ:TTD) last issued its earnings results on Thursday, May 7th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.24). The firm had revenue of $688.86 million during the quarter, compared to analyst estimates of $678.87 million. Trade Desk had a net margin of 14.57% and a return on equity of 16.91%. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.33 EPS. As a group, equities analysts predict that The Trade Desk will post 1.17 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Samantha Jacobson sold 53,681 shares of the firm’s stock in a transaction dated Thursday, May 28th. The stock was sold at an average price of $21.14, for a total value of $1,134,816.34. Following the transaction, the director owned 13,099 shares in the company, valued at $276,912.86. This trade represents a 80.38% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 11.41% of the company’s stock.

Institutional Investors Weigh In On Trade Desk

A number of institutional investors have recently made changes to their positions in TTD. Brighton Jones LLC raised its holdings in shares of Trade Desk by 3.8% during the fourth quarter. Brighton Jones LLC now owns 4,586 shares of the technology company’s stock valued at $539,000 after purchasing an additional 169 shares during the period. Howard Capital Management Inc. grew its stake in shares of Trade Desk by 2.3% in the 4th quarter. Howard Capital Management Inc. now owns 12,150 shares of the technology company’s stock valued at $461,000 after buying an additional 275 shares during the period. Tema Etfs LLC increased its position in Trade Desk by 4.1% in the 4th quarter. Tema Etfs LLC now owns 7,600 shares of the technology company’s stock valued at $288,000 after buying an additional 302 shares in the last quarter. Visionary Wealth Advisors raised its stake in Trade Desk by 3.3% during the 2nd quarter. Visionary Wealth Advisors now owns 10,119 shares of the technology company’s stock worth $728,000 after buying an additional 327 shares during the period. Finally, CVA Family Office LLC boosted its holdings in Trade Desk by 62.1% in the fourth quarter. CVA Family Office LLC now owns 898 shares of the technology company’s stock worth $34,000 after acquiring an additional 344 shares in the last quarter. 67.77% of the stock is owned by institutional investors and hedge funds.

Trade Desk Company Profile

The Trade Desk, Inc (NASDAQ: TTD) is a technology company that provides a demand-side platform (DSP) for programmatic digital advertising. Its platform enables advertisers, agencies and other buyers to plan, purchase and measure ad inventory across digital channels, including display, video, mobile, audio, native and connected TV. By centralizing real‑time bidding, audience targeting and inventory access, the company aims to help clients optimize media spend and reach audiences at scale across publishers and ad exchanges.

Founded in 2009 by Jeff Green and Dave Pickles, The Trade Desk grew from a focus on programmatic display into a global ad‑tech provider.