34,286 Shares in Viant Technology Inc. (NASDAQ:DSP) Purchased by Jump Financial LLC

Jump Financial LLC purchased a new stake in Viant Technology Inc. (NASDAQ:DSP - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 34,286 shares of the company's stock, valued at approximately $651,000. Jump Financial LLC owned about 0.05% of Viant Technology at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in DSP. FMR LLC lifted its stake in Viant Technology by 77.9% during the third quarter. FMR LLC now owns 7,134 shares of the company's stock valued at $79,000 after purchasing an additional 3,123 shares during the last quarter. State Street Corp lifted its position in shares of Viant Technology by 0.6% during the 3rd quarter. State Street Corp now owns 283,365 shares of the company's stock valued at $3,137,000 after acquiring an additional 1,722 shares during the last quarter. Barclays PLC boosted its stake in shares of 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 acquiring an additional 16,784 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Viant Technology by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 365,339 shares of the company's stock worth $4,045,000 after acquiring an additional 6,803 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Viant Technology by 102.2% during the third quarter. JPMorgan Chase & Co. now owns 96,596 shares of the company's stock worth $1,069,000 after purchasing an additional 48,826 shares during the period. Institutional investors own 11.38% of the company's stock.

Insiders Place Their Bets

In other Viant Technology news, CFO Larry Madden sold 14,284 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $23.12, for a total value of $330,246.08. Following the transaction, the chief financial officer now directly owns 344,340 shares of the company's stock, valued at $7,961,140.80. This represents a 3.98 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 28.80% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DSP shares. Needham & Company LLC reissued a "buy" rating and issued a $21.00 price target on shares of Viant Technology in a research note on Wednesday, April 2nd. JMP Securities boosted their price target on shares of Viant Technology from $17.00 to $24.00 and gave the company a "market outperform" rating in a report on Monday, January 27th. Finally, Raymond James reduced their price target on shares of Viant Technology from $27.00 to $18.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, Viant Technology presently has an average rating of "Buy" and a consensus price target of $21.14.

Viant Technology Price Performance

NASDAQ DSP opened at $12.02 on Wednesday. The company has a 50 day simple moving average of $14.96 and a 200-day simple moving average of $16.70. Viant Technology Inc. has a 52-week low of $7.77 and a 52-week high of $26.33. The firm has a market capitalization of $758.15 million, a price-to-earnings ratio of 200.37 and a beta of 1.21.

Viant Technology 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.

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