Viant Technology Inc. (NASDAQ:DSP) CFO Sells $267,967.84 in Stock

Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 14,284 shares of the business's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $18.76, for a total transaction of $267,967.84. Following the sale, the chief financial officer now directly owns 358,624 shares in the company, valued at approximately $6,727,786.24. The trade was a 3.83 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Wednesday, December 4th, Larry Madden sold 14,284 shares of Viant Technology stock. The shares were sold at an average price of $19.51, for a total value of $278,680.84.
• On Monday, November 18th, Larry Madden sold 22,504 shares of Viant Technology stock. The stock was sold at an average price of $17.03, for a total value of $383,243.12.
• On Thursday, November 14th, Larry Madden sold 67,243 shares of Viant Technology stock. The shares were sold at an average price of $15.19, for a total transaction 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 transaction 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 transaction 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 transaction of $21,854.07.

Viant Technology Trading Up 2.5 %

Shares of DSP stock traded up $0.47 during trading on Friday, hitting $19.37. The company's stock had a trading volume of 207,760 shares, compared to its average volume of 212,730. The company has a market cap of $1.22 billion, a PE ratio of 322.89 and a beta of 1.00. The business has a fifty day moving average of $17.45 and a 200-day moving average of $13.02. Viant Technology Inc. has a 52 week low of $6.50 and a 52 week high of $21.74.

Wall Street Analyst Weigh In

DSP has been the subject of a number of recent analyst reports. JMP Securities increased their target price on shares of Viant Technology from $12.00 to $17.00 and gave the company a "market outperform" rating in a research report on Wednesday, November 13th. Craig Hallum increased their price objective on shares of Viant Technology from $14.00 to $18.00 and gave the stock a "buy" rating in a research report on Wednesday, November 13th. Scotiabank initiated coverage on shares of Viant Technology in a report on Thursday, December 5th. They issued a "sector outperform" rating and a $27.00 target price on the stock. Canaccord Genuity Group raised shares of Viant Technology from a "hold" rating to a "buy" rating and upped their price target for the company from $13.00 to $18.00 in a research report on Wednesday, November 13th. Finally, Canaccord Genuity Group lifted their price objective on Viant Technology from $18.00 to $22.00 and gave the stock a "buy" rating in a research report on Monday, December 2nd. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $17.75.

Institutional Investors Weigh In On Viant Technology

Several large investors have recently modified their holdings of DSP. Allspring Global Investments Holdings LLC purchased a new stake in shares of Viant Technology in the second quarter worth $47,000. FMR LLC increased its stake in Viant Technology by 77.9% in 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 period. Ashton Thomas Private Wealth LLC bought a new stake in Viant Technology in the second quarter valued at approximately $84,000. Mackenzie Financial Corp purchased a new stake in Viant Technology during the 2nd quarter valued at $112,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Viant Technology during the third quarter worth about $122,000. Hedge funds and other 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.