Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 1,498 shares of the stock in a transaction on Monday, October 28th. The stock was sold at an average price of $11.57, for a total value of $17,331.86. Following the completion of the transaction, the chief financial officer now owns 528,350 shares in the company, valued at approximately $6,113,009.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
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 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.
- 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 stock was sold at an average price of $11.02, for a total value of $12,298.32.
Viant Technology Trading Up 0.3 %
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Shares of Viant Technology stock opened at $11.88 on Thursday. The firm has a market capitalization of $750.80 million, a P/E ratio of -237.60 and a beta of 0.74. The business's fifty day simple moving average is $11.03 and its 200 day simple moving average is $10.20. Viant Technology Inc. has a 12 month low of $5.00 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 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 analysts' expectations of $41.10 million. Viant Technology had a negative return on equity of 7.39% and a negative net margin of 0.33%. Analysts predict that Viant Technology Inc. will post -0.37 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its holdings in Viant Technology by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 179,233 shares of the company's stock worth $1,769,000 after buying an additional 6,064 shares during the period. Acadian Asset Management LLC grew its holdings in Viant Technology by 659.4% during the 2nd quarter. Acadian Asset Management LLC now owns 142,384 shares of the company's stock valued at $1,403,000 after buying an additional 123,635 shares in the last quarter. ClariVest Asset Management LLC bought a new stake in shares of Viant Technology during the second quarter valued at about $1,387,000. Quadrature Capital Ltd lifted its holdings in shares of Viant Technology by 39.0% in the first quarter. Quadrature Capital Ltd now owns 73,684 shares of the company's stock worth $783,000 after buying an additional 20,668 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in Viant Technology by 42.8% in the 2nd quarter. Squarepoint Ops LLC now owns 73,008 shares of the company's stock worth $721,000 after purchasing an additional 21,888 shares in the last quarter. Hedge funds and other institutional investors own 11.38% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on DSP. Needham & Company LLC reaffirmed 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 lifted their price objective on shares of Viant Technology from $11.00 to $13.00 and gave the stock a "hold" rating in a report on Friday, October 18th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Viant Technology currently has an average rating of "Moderate Buy" and an average price target of $12.20.
Read Our Latest Stock Analysis on Viant Technology
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.
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