Globeflex Capital L P purchased a new stake in Viant Technology Inc. (NASDAQ:DSP – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 103,977 shares of the company’s stock, valued at approximately $1,316,000. Globeflex Capital L P owned 0.16% of Viant Technology at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Russell Investments Group Ltd. increased 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 purchasing an additional 1,228 shares in the last quarter. Versant Capital Management Inc increased its stake in shares of Viant Technology by 202.3% in the second quarter. Versant Capital Management Inc now owns 2,772 shares of the company’s stock valued at $35,000 after buying an additional 1,855 shares in the last quarter. CWM LLC raised its holdings in shares of Viant Technology by 431.0% in the fourth quarter. CWM LLC now owns 2,793 shares of the company’s stock valued at $34,000 after buying an additional 2,267 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in Viant Technology by 620.7% 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 in the last quarter. Finally, State of Alaska Department of Revenue bought a new stake in Viant Technology during the 4th quarter worth about $64,000. 11.38% of the stock is currently owned by institutional investors and hedge funds.
Viant Technology Price Performance
Shares of Viant Technology stock opened at $12.24 on Tuesday. Viant Technology Inc. has a 1 year low of $8.11 and a 1 year high of $14.80. The business has a fifty day simple moving average of $12.19 and a two-hundred day simple moving average of $11.35. The company has a market capitalization of $813.59 million, a price-to-earnings ratio of 39.48 and a beta of 1.08.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on Viant Technology
Insider Buying and Selling
In other news, major shareholder Capital V. Llc sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $11.17, for a total transaction of $167,550.00. Following the completion of the sale, the insider owned 22,500 shares of the company’s stock, valued at approximately $251,325. This represents a 40.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Larry Madden sold 27,451 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $13.06, for a total value of $358,510.06. Following the completion of the sale, the chief financial officer directly owned 398,371 shares in the company, valued at $5,202,725.26. This trade represents a 6.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 165,304 shares of company stock worth $1,980,706. Company insiders own 29.43% of the company’s stock.
Viant Technology 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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