Viant Technology Inc. (NASDAQ:DSP – Get Free Report) COO Christopher Vanderhook sold 9,125 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $11.10, for a total transaction of $101,287.50. Following the sale, the chief operating officer directly owned 208,880 shares in the company, valued at $2,318,568. This represents a 4.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Christopher Vanderhook also recently made the following trade(s):
- On Thursday, May 21st, Christopher Vanderhook sold 2,500 shares of Viant Technology stock. The stock was sold at an average price of $10.79, for a total value of $26,975.00.
- On Tuesday, May 19th, Christopher Vanderhook sold 5,000 shares of Viant Technology stock. The shares were sold at an average price of $10.89, for a total value of $54,450.00.
- On Thursday, March 19th, Christopher Vanderhook sold 2,920 shares of Viant Technology stock. The stock was sold at an average price of $11.42, for a total value of $33,346.40.
- On Tuesday, March 17th, Christopher Vanderhook sold 5,000 shares of Viant Technology stock. The stock was sold at an average price of $11.80, for a total value of $59,000.00.
Viant Technology Stock Performance
Shares of NASDAQ:DSP opened at $11.11 on Tuesday. The business has a fifty day moving average of $11.22 and a 200-day moving average of $11.21. Viant Technology Inc. has a twelve month low of $8.11 and a twelve month high of $15.18. The firm has a market cap of $728.04 million, a PE ratio of 30.86 and a beta of 1.04.
Analysts Set New Price Targets
Several research firms recently weighed in on DSP. Freedom Capital upgraded shares of Viant Technology to a “strong-buy” rating in a research report on Tuesday, March 10th. B. Riley Financial lifted their target price on Viant Technology from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Loop Capital set a $14.50 price target on Viant Technology in a research note on Tuesday, March 10th. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 price target on shares of Viant Technology in a report on Thursday, April 16th. Finally, Wall Street Zen lowered Viant Technology from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Viant Technology presently has an average rating of “Buy” and an average price target of $18.00.
Get Our Latest Analysis on DSP
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in DSP. Russell Investments Group Ltd. grew its stake in shares of Viant Technology by 86.9% during the fourth quarter. Russell Investments Group Ltd. now owns 2,641 shares of the company’s stock worth $32,000 after purchasing an additional 1,228 shares during the period. CWM LLC boosted its holdings in Viant Technology by 431.0% during 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 grew its position in shares of Viant Technology by 620.8% during the 4th 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. State of Alaska Department of Revenue acquired a new position in shares of Viant Technology during the 4th quarter worth about $64,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Viant Technology by 433.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 7,942 shares of the company’s stock valued at $69,000 after acquiring an additional 6,454 shares during the last quarter. Institutional investors and hedge funds own 11.38% of the company’s stock.
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.
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