Viant Technology (NASDAQ:DSP) COO Sells $43,395.18 in Stock

Viant Technology Inc. (NASDAQ:DSP) COO Christopher Vanderhook sold 4,722 shares of Viant Technology stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $9.19, for a total transaction of $43,395.18. Following the transaction, the chief operating officer owned 3,699 shares in the company, valued at approximately $33,993.81. This trade represents a 56.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Christopher Vanderhook also recently made the following trade(s):

• On Thursday, February 19th, Christopher Vanderhook sold 3,279 shares of Viant Technology stock. The shares were sold at an average price of $9.17, for a total value of $30,068.43.
• On Tuesday, February 17th, Christopher Vanderhook sold 4,079 shares of Viant Technology stock. The shares were sold at an average price of $9.26, for a total value of $37,771.54.
• On Friday, December 19th, Christopher Vanderhook sold 2,500 shares of Viant Technology stock. The stock was sold at an average price of $11.79, for a total value of $29,475.00.
• On Wednesday, December 17th, Christopher Vanderhook sold 5,000 shares of Viant Technology stock. The stock was sold at an average price of $11.74, for a total value of $58,700.00.
• On Wednesday, December 17th, Christopher Vanderhook sold 9,102 shares of Viant Technology stock. The shares were sold at an average price of $11.70, for a total value of $106,493.40.

Viant Technology Price Performance

NASDAQ DSP remained flat at $9.22 during trading hours on Thursday. The company had a trading volume of 202,973 shares, compared to its average volume of 187,737. Viant Technology Inc. has a one year low of $8.11 and a one year high of $22.81. The stock has a market cap of $575.60 million, a P/E ratio of 83.83 and a beta of 1.03. The business’s 50-day moving average is $11.48 and its 200-day moving average is $10.38.

Institutional Investors Weigh In On Viant Technology

Several institutional investors have recently modified their holdings of DSP. Farther Finance Advisors LLC purchased a new position in shares of Viant Technology in the 3rd quarter worth approximately $31,000. Russell Investments Group Ltd. raised its holdings in Viant Technology by 86.9% during the 4th quarter. Russell Investments Group Ltd. now owns 2,641 shares of the company’s stock valued at $32,000 after buying an additional 1,228 shares during the period. CWM LLC lifted its position in Viant Technology by 431.0% in the fourth quarter. CWM LLC now owns 2,793 shares of the company’s stock worth $34,000 after buying an additional 2,267 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in Viant Technology by 620.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,883 shares of the company’s stock worth $35,000 after buying an additional 2,483 shares during the period. Finally, AlphaQuest LLC boosted its stake in Viant Technology by 287.6% during the second quarter. AlphaQuest LLC now owns 4,640 shares of the company’s stock worth $61,000 after buying an additional 3,443 shares during the period. 11.38% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. B. Riley Financial reaffirmed a “buy” rating and set a $16.50 target price (up from $14.50) on shares of Viant Technology in a research note on Tuesday, November 11th. Citizens Jmp dropped their price objective on shares of Viant Technology from $18.00 to $16.00 and set a “market outperform” rating for the company in a report on Tuesday, November 11th. Wall Street Zen cut Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday, January 21st. Finally, Citigroup restated a “market outperform” rating on shares of Viant Technology in a report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $18.57.

Viant Technology Company Profile

Viant Technology Inc (Nasdaq: DSP) is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.

Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.