Larry Madden Sells 14,284 Shares of Viant Technology Inc. (NASDAQ:DSP) Stock

Viant Technology Inc. (NASDAQ:DSP) CFO Larry Madden sold 14,284 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $19.51, for a total value of $278,680.84. Following the sale, the chief financial officer now owns 378,350 shares of the company’s stock, valued at approximately $7,381,608.50. The trade was a 3.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Larry Madden also recently made the following trade(s):

• On Monday, November 18th, Larry Madden sold 22,504 shares of Viant Technology stock. The stock was sold at an average price of $17.03, for a total value 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 transaction 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 transaction 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 value of $12,298.32.

Viant Technology Trading Up 1.4 %

Shares of NASDAQ DSP traded up $0.28 during mid-day trading on Thursday, hitting $20.39. The company had a trading volume of 286,428 shares, compared to its average volume of 134,632. Viant Technology Inc. has a one year low of $6.31 and a one year high of $20.90. The company has a market capitalization of $1.28 billion, a PE ratio of 339.89 and a beta of 1.00. The firm has a 50-day simple moving average of $13.77 and a two-hundred day simple moving average of $11.49.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on DSP. Scotiabank started coverage on Viant Technology in a report on Thursday. They set a “sector outperform” rating and a $27.00 price objective on the stock. Craig Hallum raised their price objective on shares of Viant Technology from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Canaccord Genuity Group upped their target price on shares of Viant Technology from $18.00 to $22.00 and gave the stock a “buy” rating in a research note on Monday. JMP Securities boosted their price target on Viant Technology from $12.00 to $17.00 and gave the company a “market outperform” rating in a report on Wednesday, November 13th. Finally, Needham & Company LLC increased their price objective on Viant Technology from $12.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Viant Technology presently has a consensus rating of “Buy” and a consensus target price of $17.75.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new position in shares of Viant Technology in the second quarter valued at $47,000. FMR LLC grew its position in shares of Viant Technology by 77.9% in the 3rd quarter. FMR LLC now owns 7,134 shares of the company’s stock valued at $79,000 after acquiring an additional 3,123 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in Viant Technology in the second quarter valued at approximately $84,000. Victory Capital Management Inc. acquired a new stake in shares of Viant Technology in the third quarter valued at approximately $122,000. Finally, Summit Global Investments bought a new position in shares of Viant Technology during the 2nd quarter worth approximately $111,000. Institutional investors and hedge funds own 11.38% of the company’s stock.

Viant Technology Company Profile

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.