<div id="readability-page-1"><p><span>Trade Desk (NASDAQ:TTD - Get Free Report)</span> had its target price lifted by analysts at BTIG Research  from $79.00 to $97.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a &#34;buy&#34; rating on the technology company's stock. BTIG Research's price objective would indicate a potential upside of 12.69% from the stock's current price.</p><ul><li>The Trade Desk's S&amp;P 500 Entry: Ad-Tech Stock as a Core Holding?</li></ul><p>A number of other analysts have also weighed in on the stock. Piper Sandler raised their price target on shares of Trade Desk from $55.00 to $65.00 and gave the company a &#34;neutral&#34; rating in a report on Friday, May 9th. Needham &amp; Company LLC  reissued a &#34;buy&#34; rating and issued a $84.00 target price on shares of Trade Desk in a research note on Friday, June 6th. Jefferies Financial Group  set a $125.00 target price on Trade Desk and gave the stock a &#34;buy&#34; rating in a research report on Tuesday, April 29th. Wedbush  reaffirmed an &#34;outperform&#34; rating and set a $86.00 price target on shares of Trade Desk in a research note on Tuesday, July 15th. Finally, JMP Securities  reiterated a &#34;market outperform&#34; rating and issued a $100.00 price target on shares of Trade Desk in a report on Tuesday, June 24th. One analyst  has rated the stock with a sell rating, eight have given a hold rating and twenty-six have issued  a buy rating to the stock. According to data from MarketBeat, the company  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $98.73.</p><p><b>Get Our Latest Analysis on Trade Desk</b></p><h2>Trade Desk Stock Performance</h2><ul><li>MarketBeat Week in Review – 06/30 - 07/04</li></ul><p>Shares of NASDAQ:TTD opened at $86.08 on Monday. The company's fifty day moving average is $75.63 and its 200-day moving average is $74.12. Trade Desk has a 52 week low of $42.96 and a 52 week high of $141.53. The company has a market capitalization of $42.30 billion, a PE ratio of 104.98, a P/E/G ratio of 3.91 and a beta of 1.37. </p><p>Trade Desk (NASDAQ:TTD - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The technology company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.07. The firm had revenue of $616.02 million for the quarter, compared to analyst estimates of $575.62 million. Trade Desk had a net margin of 16.04% and a return on equity of 15.41%. The company's revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.26 earnings per share.  On average, analysts forecast that  Trade Desk will post 1.06 EPS for the current year. </p><h2>Insider Activity at Trade Desk</h2><ul><li>2 Reasons to Buy Trade Desk Stock Now and 1 Warning Sign</li></ul><p>In other Trade Desk news, CEO Jeffrey Terry Green sold 26,684 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $80.03, for a total value of $2,135,520.52. Following the completion of the transaction, the chief executive officer directly owned 17,018 shares in the company, valued at approximately $1,361,950.54. This represents a 61.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David B. Wells sold 28,638 shares of Trade Desk stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $79.88, for a total transaction of $2,287,603.44. Following the transaction, the director owned 66,985 shares in the company, valued at approximately $5,350,761.80. This trade represents a 29.95% decrease in their position. The disclosure for this sale can be found here. 10.00% of the stock is owned by company insiders. </p><h2>Institutional Investors Weigh In On Trade Desk</h2><p>A number of institutional investors have recently made changes to their positions in TTD. Investment Management Corp VA ADV bought a new stake in  Trade Desk in the fourth quarter valued at approximately $25,000.  Banque Cantonale Vaudoise bought a new position in  Trade Desk during the 1st quarter worth approximately $26,000.  Sound Income Strategies LLC lifted its position in shares of  Trade Desk by 317.6% in the 2nd quarter. Sound Income Strategies LLC now owns 355 shares of the technology company's stock worth $26,000 after purchasing an additional 270 shares during the period.  Cloud Capital Management LLC bought a new stake in shares of  Trade Desk in the 1st quarter valued at $27,000.  Finally, von Borstel &amp; Associates Inc. acquired a new stake in shares of  Trade Desk during the first quarter worth $31,000. Institutional investors own  67.77% of the company's stock. </p><h2>About Trade Desk</h2> (Get Free Report)<p>The Trade Desk, Inc operates as a technology company in the United States and internationally. The company offers a self-service cloud-based platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns across various ad formats and channels, including video, display, audio, digital-out-of-home, native, and social on various devices, such as computers, mobile devices, televisions, and streaming devices.</p><h2>Read More</h2><ul><li>Five stocks we like better than Trade Desk</li><li>Short Selling - The Pros and Cons </li><li>Why Robinhood Just Added Upside Potential After a Q2 Earnings Dip</li><li>Upcoming IPO Stock Lockup Period, Explained</li><li>Baker Hughes &amp; Chart Ink $13.6B Deal—Start of Energy's Comeback?</li><li>How to Invest in the Best Canadian Stocks </li><li>Why Teradyne's 19% Rally Is Just Getting Started</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFRE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9VFRE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Trade Desk Right Now?</h2><p>Before you consider Trade Desk, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Trade Desk wasn't on the list.</p><p>While Trade Desk currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>BTIG Research has raised its price target for Trade Desk (NASDAQ:TTD) from $79.00 to $97.00, maintaining a "buy" rating. This new target suggests a potential upside of 12.69% from the current stock price. Other analysts have also adjusted their targets, with an average consensus price target of $98.73. Trade Desk reported a quarterly EPS of $0.33, exceeding estimates, and a revenue increase of 25.4% year-over-year. Insider selling activity was noted, with significant shares sold by CEO Jeffrey Green and Director David Wells.</p>

Trade Desk (NASDAQ:TTD) Price Target Raised to $97.00 at BTIG Research