Viant Technology Inc. (NASDAQ:DSP) CFO Sells $278,680.84 in Stock

Viant Technology Inc. (NASDAQ:DSP) CFO Larry Madden sold 14,284 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $19.51, for a total transaction of $278,680.84. Following the sale, the chief financial officer now owns 378,350 shares of the company’s stock, valued at approximately $7,381,608.50. This represents a 3.64 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Larry Madden also recently made the following trade(s):

• On Monday, November 18th, Larry Madden sold 22,504 shares of Viant Technology stock. The shares were sold at an average price of $17.03, for a total transaction of $383,243.12.
• On Thursday, November 14th, Larry Madden sold 67,243 shares of Viant Technology stock. The stock was sold at an average price of $15.19, for a total value of $1,021,421.17.
• On Monday, October 28th, Larry Madden sold 1,498 shares of Viant Technology stock. The stock was sold at an average price of $11.57, for a total value of $17,331.86.
• On Friday, October 11th, Larry Madden sold 2,768 shares of Viant Technology stock. The shares were sold at an average price of $11.23, for a total value of $31,084.64.
• On Wednesday, October 9th, Larry Madden sold 1,953 shares of Viant Technology stock. The stock was sold at an average price of $11.19, for a total value of $21,854.07.
• On Monday, September 23rd, Larry Madden sold 3,084 shares of Viant Technology stock. The shares were sold at an average price of $11.05, for a total transaction of $34,078.20.
• On Friday, September 20th, Larry Madden sold 1,116 shares of Viant Technology stock. The shares were sold at an average price of $11.02, for a total transaction of $12,298.32.

Viant Technology Trading Up 1.4 %

Viant Technology stock traded up $0.28 during mid-day trading on Thursday, reaching $20.39. The company had a trading volume of 286,428 shares, compared to its average volume of 134,632. The business has a fifty day simple moving average of $13.77 and a 200 day simple moving average of $11.49. The company has a market cap of $1.28 billion, a P/E ratio of 339.89 and a beta of 1.00. Viant Technology Inc. has a fifty-two week low of $6.31 and a fifty-two week high of $20.90.

Analysts Set New Price Targets

DSP has been the subject of several recent research reports. Canaccord Genuity Group boosted their price target on Viant Technology from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday. Scotiabank began coverage on Viant Technology in a report on Thursday. They set a “sector outperform” rating and a $27.00 target price on the stock. Canaccord Genuity Group raised Viant Technology from a “hold” rating to a “buy” rating and boosted their price target for the company from $13.00 to $18.00 in a research note on Wednesday, November 13th. JMP Securities increased their price objective on shares of Viant Technology from $12.00 to $17.00 and gave the stock a “market outperform” rating in a research note on Wednesday, November 13th. Finally, Craig Hallum raised their target price on shares of Viant Technology from $14.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, Viant Technology has an average rating of “Buy” and an average price target of $17.75.

Institutional Investors Weigh In On Viant Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Barclays PLC boosted its position in Viant Technology by 74.7% during the 3rd quarter. Barclays PLC now owns 39,255 shares of the company’s stock worth $435,000 after buying an additional 16,784 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Viant Technology by 1.9% during the third quarter. Geode Capital Management LLC now owns 365,339 shares of the company’s stock worth $4,045,000 after purchasing an additional 6,803 shares during the period. State Street Corp grew its stake in shares of Viant Technology by 0.6% in the third quarter. State Street Corp now owns 283,365 shares of the company’s stock worth $3,137,000 after purchasing an additional 1,722 shares during the last quarter. Martingale Asset Management L P acquired a new stake in Viant Technology in the third quarter valued at $254,000. Finally, FMR LLC raised its position in Viant Technology by 77.9% during the 3rd quarter. FMR LLC now owns 7,134 shares of the company’s stock worth $79,000 after purchasing an additional 3,123 shares during the last quarter. Institutional investors own 11.38% of the company’s stock.

Viant Technology Company Profile

Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.