Trade Desk stock is trading -50.82% below its average target price of $111.81 after marking a 2.1% during today's morning session. Analysts are giving the Large-Cap Software company an average rating of buy and target prices ranging from $49.0 to $155.0 per share.
Trade Desk's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 3.6%. The stock's short ratio is 1.55. The company's insiders own 11.0% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 82.6%. In conclusion, we believe there is positive market sentiment regarding Trade Desk.
Institutions Invested in Trade Desk
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 9% | 42,670,254 | $2,346,437,339 |
| 2024-12-31 | Baillie Gifford and Company | 8% | 35,178,933 | $1,934,489,584 |
| 2024-12-31 | Blackrock Inc. | 7% | 29,571,496 | $1,626,136,614 |
| 2024-12-31 | JP Morgan Chase & Company | 4% | 17,715,037 | $974,149,914 |
| 2024-12-31 | Morgan Stanley | 4% | 16,609,058 | $913,332,127 |
| 2024-12-31 | Jennison Associates LLC | 3% | 13,883,374 | $763,446,759 |
| 2024-12-31 | T. Rowe Price Investment Management, Inc. | 3% | 13,811,864 | $759,514,424 |
| 2024-12-31 | State Street Corporation | 2% | 9,977,072 | $548,639,206 |
| 2024-12-31 | Edgewood Management Llc | 2% | 9,508,940 | $522,896,626 |
| 2024-12-31 | Invesco Ltd. | 2% | 7,916,932 | $435,352,103 |
