Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 1,953 shares of Viant Technology stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $11.19, for a total value of $21,854.07. Following the completion of the sale, the chief financial officer now owns 533,705 shares of the company's stock, valued at $5,972,158.95. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Larry Madden also recently made the following trade(s):
- On Friday, October 11th, Larry Madden sold 2,768 shares of Viant Technology stock. The stock was sold at an average price of $11.23, for a total value of $31,084.64.
- 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 value of $34,078.20.
- On Friday, September 20th, Larry Madden sold 1,116 shares of Viant Technology stock. The stock was sold at an average price of $11.02, for a total value of $12,298.32.
Viant Technology Stock Up 1.1 %
DSP stock opened at $11.25 on Friday. Viant Technology Inc. has a twelve month low of $4.98 and a twelve month high of $12.36. The stock has a market cap of $711 million, a P/E ratio of -225.00 and a beta of 0.74. The business's 50-day moving average price is $10.61 and its 200-day moving average price is $10.08.
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Viant Technology (NASDAQ:DSP - Get Free Report) last posted its quarterly earnings results on Monday, August 12th. The company reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.10). Viant Technology had a negative return on equity of 7.39% and a negative net margin of 0.33%. The business had revenue of $41.56 million during the quarter, compared to analysts' expectations of $41.10 million. On average, equities research analysts expect that Viant Technology Inc. will post -0.37 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC purchased a new position in Viant Technology in the 2nd quarter worth approximately $47,000. Ashton Thomas Private Wealth LLC purchased a new position in Viant Technology in the 2nd quarter worth approximately $84,000. Summit Global Investments purchased a new position in Viant Technology in the 2nd quarter worth approximately $111,000. Mackenzie Financial Corp purchased a new position in Viant Technology in the 2nd quarter worth approximately $112,000. Finally, Algert Global LLC bought a new stake in Viant Technology in the 2nd quarter worth approximately $128,000. 11.38% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several brokerages have issued reports on DSP. Canaccord Genuity Group reissued a "hold" rating and issued a $11.00 target price on shares of Viant Technology in a research report on Tuesday, August 13th. Needham & Company LLC reissued a "buy" rating and issued a $12.00 target price on shares of Viant Technology in a research report on Tuesday, August 13th. One 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 price target of $11.80.
Get Our Latest Analysis on DSP
Viant Technology Company Profile
(
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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