Viant Technology Inc. (NASDAQ:DSP – Get Free Report) CEO Timothy Vanderhook sold 5,000 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $11.94, for a total transaction of $59,700.00. Following the completion of the transaction, the chief executive officer owned 7,500 shares of the company’s stock, valued at $89,550. This represents a 40.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Timothy Vanderhook also recently made the following trade(s):
- On Thursday, January 22nd, Timothy Vanderhook sold 2,574 shares of Viant Technology stock. The stock was sold at an average price of $12.87, for a total transaction of $33,127.38.
- On Wednesday, January 21st, Timothy Vanderhook sold 4,926 shares of Viant Technology stock. The stock was sold at an average price of $12.24, for a total transaction of $60,294.24.
Viant Technology Trading Up 0.3%
Shares of Viant Technology stock opened at $12.79 on Friday. The company has a 50-day moving average of $11.46 and a two-hundred day moving average of $10.76. Viant Technology Inc. has a 12-month low of $8.11 and a 12-month high of $26.33. The stock has a market cap of $798.53 million, a PE ratio of 116.28 and a beta of 1.03.
Hedge Funds Weigh In On Viant Technology
Institutional investors and hedge funds have recently modified their holdings of the company. Fort Washington Investment Advisors Inc. OH acquired a new position in Viant Technology in the second quarter valued at $8,443,000. Granite Investment Partners LLC purchased a new stake in Viant Technology in the 2nd quarter valued at about $7,239,000. Voya Investment Management LLC increased its stake in shares of Viant Technology by 24.6% during the 1st quarter. Voya Investment Management LLC now owns 19,129 shares of the company’s stock valued at $237,000 after acquiring an additional 3,782 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Viant Technology by 2.8% during the 1st quarter. Rhumbline Advisers now owns 43,986 shares of the company’s stock worth $546,000 after acquiring an additional 1,214 shares during the period. Finally, Moran Wealth Management LLC boosted its position in shares of Viant Technology by 16.3% in the second quarter. Moran Wealth Management LLC now owns 34,356 shares of the company’s stock worth $455,000 after acquiring an additional 4,817 shares during the last quarter. Hedge funds and other institutional investors own 11.38% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently issued reports on DSP. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viant Technology in a research note on Wednesday. Wall Street Zen cut shares of Viant Technology from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. DA Davidson increased their price target on shares of Viant Technology from $15.00 to $15.50 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Citizens Jmp cut their price objective on Viant Technology from $18.00 to $16.00 and set a “market outperform” rating for the company in a research report on Tuesday, November 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $20.00 target price on shares of Viant Technology in a report on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Viant Technology has a consensus rating of “Buy” and a consensus target price of $18.50.
Check Out Our Latest Stock Report on DSP
Key Headlines Impacting Viant Technology
Here are the key news stories impacting Viant Technology this week:
- Positive Sentiment: Analyst and institutional support: Multiple sell‑side firms still rate DSP as a Buy with an average price target near $18.50, and several institutions have increased positions in recent quarters — a source of demand and a positive backdrop for the stock. MarketBeat Report
- Neutral Sentiment: Company fundamentals / trading context: Recent quarterly results showed revenue roughly in line with expectations but a small EPS miss; the shares trade above the 50‑ and 200‑day moving averages, leaving room for momentum-driven gains but also reflecting a stretched valuation (high P/E). Market Data & Earnings
- Negative Sentiment: CEO insider selling: CEO Timothy Vanderhook sold a sequence of shares Jan. 20–22 totaling 12,500 shares (approx. $153k gross) and materially reduced his direct stake across filings — a development investors often view as a negative signal for near‑term confidence. CEO SEC Filing
- Negative Sentiment: Major shareholder trimming: Capital V LLC (a >10% owner) disposed of 37,500 shares across Jan. 20–22 for aggregate proceeds of roughly $459k, cutting its position substantially (reported 40% then ~65% reductions) — this increases available float and could add selling pressure. Major Shareholder SEC Filing
About Viant Technology
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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