Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 1,116 shares of the business's stock in a transaction on Friday, September 20th. The stock was sold at an average price of $11.02, for a total transaction of $12,298.32. Following the transaction, the chief financial officer now directly owns 541,518 shares in the company, valued at $5,967,528.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Larry Madden also recently made the following trade(s):
- On Monday, September 23rd, Larry Madden sold 3,084 shares of Viant Technology stock. The stock was sold at an average price of $11.05, for a total transaction of $34,078.20.
Viant Technology Trading Up 1.0 %
Shares of NASDAQ:DSP opened at $11.18 on Wednesday. The company has a fifty day simple moving average of $10.70 and a 200 day simple moving average of $10.01. The firm has a market cap of $709.87 million, a PE ratio of -93.17 and a beta of 0.74. Viant Technology Inc. has a 12-month low of $4.98 and a 12-month high of $12.36.
Viant Technology (NASDAQ:DSP - Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.10). The company had revenue of $41.56 million during the quarter, compared to the consensus estimate of $41.10 million. Viant Technology had a negative return on equity of 7.39% and a negative net margin of 0.33%. As a group, equities research analysts forecast that Viant Technology Inc. will post -0.37 EPS for the current fiscal year.
Institutional Trading of Viant Technology
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A number of hedge funds and other institutional investors have recently made changes to their positions in DSP. G2 Investment Partners Management LLC increased its stake in Viant Technology by 11.6% during the fourth quarter. G2 Investment Partners Management LLC now owns 430,850 shares of the company's stock valued at $2,969,000 after purchasing an additional 44,779 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Viant Technology by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 179,233 shares of the company's stock valued at $1,769,000 after purchasing an additional 6,064 shares during the last quarter. Acadian Asset Management LLC increased its stake in Viant Technology by 659.4% during the second quarter. Acadian Asset Management LLC now owns 142,384 shares of the company's stock valued at $1,403,000 after purchasing an additional 123,635 shares during the last quarter. ClariVest Asset Management LLC bought a new stake in Viant Technology during the second quarter valued at $1,387,000. Finally, Quadrature Capital Ltd increased its stake in Viant Technology by 39.0% during the first quarter. Quadrature Capital Ltd now owns 73,684 shares of the company's stock valued at $783,000 after purchasing an additional 20,668 shares during the last quarter. Institutional investors own 11.38% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have recently commented on DSP. Needham & Company LLC reissued a "buy" rating and set a $12.00 target price on shares of Viant Technology in a research report on Tuesday, August 13th. Canaccord Genuity Group reissued a "hold" rating and set a $11.00 target price on shares of Viant Technology in a research report on Tuesday, August 13th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Viant Technology presently has a consensus rating of "Moderate Buy" and a consensus target price of $11.80.
Read Our Latest Research Report on DSP
About Viant Technology
(
Get Free Report)
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.
Further Reading
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