Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 14,284 shares of the company's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $19.51, for a total transaction of $278,680.84. Following the completion of the transaction, the chief financial officer now owns 378,350 shares in the company, valued at $7,381,608.50. This trade represents a 3.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Larry Madden also recently made the following trade(s):
- On Monday, November 18th, Larry Madden sold 22,504 shares of Viant Technology stock. The shares were sold at an average price of $17.03, for a total transaction of $383,243.12.
- On Thursday, November 14th, Larry Madden sold 67,243 shares of Viant Technology stock. The stock was 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 shares were sold at an average price of $11.57, for a total value of $17,331.86.
- 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 Wednesday, October 9th, Larry Madden sold 1,953 shares of Viant Technology stock. The shares were sold at an average price of $11.19, for a total value of $21,854.07.
- 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 transaction of $12,298.32.
Viant Technology Stock Performance
AI breakthrough about to upend industry
From Porter & Company | Ad
Everyone is talking about AI right now.
The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI.
But here’s the thing.
I urge you to watch it now.
DSP stock opened at $20.39 on Friday. The company has a fifty day moving average price of $13.77 and a 200-day moving average price of $11.49. The company has a market capitalization of $1.28 billion, a P/E ratio of 339.83 and a beta of 1.00. Viant Technology Inc. has a 52-week low of $6.31 and a 52-week high of $20.90.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the company. Canaccord Genuity Group boosted their price target on Viant Technology from $18.00 to $22.00 and gave the stock a "buy" rating in a report on Monday. Needham & Company LLC boosted their target price on Viant Technology from $12.00 to $18.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. JMP Securities increased their target price on shares of Viant Technology from $12.00 to $17.00 and gave the stock a "market outperform" rating in a report on Wednesday, November 13th. Scotiabank started coverage on shares of Viant Technology in a report on Thursday. They set a "sector outperform" rating and a $27.00 price target on the stock. Finally, Canaccord Genuity Group upgraded Viant Technology from a "hold" rating to a "buy" rating and increased their price target for the company from $13.00 to $18.00 in a research note on Wednesday, November 13th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $17.75.
Check Out Our Latest Analysis on DSP
Institutional Trading of Viant Technology
Institutional investors and hedge funds have recently bought and sold shares of the stock. ClariVest Asset Management LLC acquired a new position in shares of Viant Technology in the 2nd quarter worth approximately $1,387,000. Acadian Asset Management LLC lifted its holdings in Viant Technology by 659.4% in the second 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 during the period. Federated Hermes Inc. boosted its position in Viant Technology by 5,286.9% during the second quarter. Federated Hermes Inc. now owns 67,767 shares of the company's stock valued at $669,000 after acquiring an additional 66,509 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Viant Technology during the 2nd quarter worth about $236,000. Finally, Martingale Asset Management L P bought a new position in shares of Viant Technology in the 3rd quarter worth about $254,000. 11.38% of the stock is currently owned by institutional investors and hedge funds.
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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