Viant Technology (NASDAQ:DSP) COO Christopher Vanderhook Sells 2,920 Shares

Viant Technology Inc. (NASDAQ:DSP) COO Christopher Vanderhook sold 2,920 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $11.42, for a total value of $33,346.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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.
• On Thursday, February 19th, Christopher Vanderhook sold 3,279 shares of Viant Technology stock. The stock was sold at an average price of $9.17, for a total transaction of $30,068.43.
• On Wednesday, February 18th, Christopher Vanderhook sold 4,722 shares of Viant Technology stock. The shares were sold at an average price of $9.19, for a total value of $43,395.18.
• On Tuesday, February 17th, Christopher Vanderhook sold 4,079 shares of Viant Technology stock. The stock was sold at an average price of $9.26, for a total transaction of $37,771.54.
• On Friday, December 19th, Christopher Vanderhook sold 2,500 shares of Viant Technology stock. The shares were sold at an average price of $11.79, for a total value of $29,475.00.

Viant Technology Price Performance

DSP traded down $0.17 during mid-day trading on Thursday, hitting $11.61. The stock had a trading volume of 352,457 shares, compared to its average volume of 243,896. Viant Technology Inc. has a 1-year low of $8.11 and a 1-year high of $16.25. The stock’s fifty day simple moving average is $10.98 and its 200-day simple moving average is $10.35. The firm has a market capitalization of $724.81 million, a price-to-earnings ratio of 36.28 and a beta of 1.05.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on DSP shares. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday, January 21st. Loop Capital set a $14.50 price target on shares of Viant Technology in a research report on Tuesday, March 10th. B. Riley Financial reaffirmed a “buy” rating and issued a $17.00 price objective (up from $16.50) on shares of Viant Technology in a report on Thursday, March 12th. Wall Street Zen raised shares of Viant Technology from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, DA Davidson reiterated a “buy” rating and set a $15.50 price objective on shares of Viant Technology in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Viant Technology presently has an average rating of “Buy” and a consensus target price of $18.13.

Hedge Funds Weigh In On Viant Technology

Several large investors have recently added to or reduced their stakes in the business. Granite Investment Partners LLC bought a new stake in Viant Technology during the second quarter worth $7,239,000. Topline Capital Management LLC bought a new position in Viant Technology during the third quarter valued at $2,150,000. Dynamic Technology Lab Private Ltd increased its position in Viant Technology by 474.3% in the third quarter. Dynamic Technology Lab Private Ltd now owns 70,533 shares of the company’s stock worth $609,000 after buying an additional 58,251 shares during the last quarter. New York State Common Retirement Fund raised its stake in shares of Viant Technology by 1,223.5% in the second quarter. New York State Common Retirement Fund now owns 62,577 shares of the company’s stock valued at $828,000 after buying an additional 57,849 shares during the period. Finally, Tudor Investment Corp ET AL grew its stake in shares of Viant Technology by 39.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 191,636 shares of the company’s stock worth $1,654,000 after acquiring an additional 54,507 shares during the period. Institutional investors own 11.38% of the company’s stock.

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.