News stories about Trade Desk (NASDAQ:TTD) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to 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 gave news articles about the technology company an impact score of 45.2834586409518 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.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Analysts Expect Trade Desk Inc (TTD) Will Announce Quarterly Sales of $101.67 Million (americanbankingnews.com)
- The Trade Desk, Inc., (NASDAQ: TTD) – An Eye on Risk Factors – Stock Watch (stocksnewstimes.com)
- The Trade Desk, Inc. (TTD) -Hot Watch to Target – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Analysts Expect Trade Desk Inc (TTD) Will Post Earnings of $0.45 Per Share (americanbankingnews.com)
- Trade Desk Inc (TTD) COO Robert David Perdue Sells 7,500 Shares (americanbankingnews.com)
Trade Desk (TTD) opened at $47.87 on Tuesday. Trade Desk has a 52-week low of $27.33 and a 52-week high of $67.30. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $1,970.00 and a P/E ratio of 46.93.
TTD has been the subject of several recent research reports. Royal Bank of Canada upped their price objective on Trade Desk from $65.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, November 10th. Jefferies Group reissued a “buy” rating and set a $63.00 price target on shares of Trade Desk in a research report on Friday, November 10th. Macquarie initiated coverage on Trade Desk in a research report on Thursday, October 12th. They set an “outperform” rating and a $78.00 price target for the company. Wells Fargo & Co initiated coverage on Trade Desk in a research report on Wednesday, December 20th. They set an “outperform” rating and a $60.00 price target for the company. Finally, Vetr cut Trade Desk from a “strong-buy” rating to a “buy” rating and set a $71.92 price target for the company. in a research report on Tuesday, October 31st. One research analyst has rated the stock with a sell rating, one has given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $66.48.
In other Trade Desk news, insider Brian John Stempeck sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was sold at an average price of $64.18, for a total value of $641,800.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Robert David Perdue sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $64.87, for a total value of $810,875.00. Following the completion of the sale, the chief operating officer now owns 82,409 shares in the company, valued at approximately $5,345,871.83. The disclosure for this sale can be found here. Insiders sold 90,616 shares of company stock worth $4,964,670 in the last 90 days. Corporate 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.
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