Viant Technology (NASDAQ:DSP) COO Sells $37,771.54 in Stock

Viant Technology Inc. (NASDAQ:DSP) COO Christopher Vanderhook sold 4,079 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $9.26, for a total value of $37,771.54. Following the completion of the transaction, the chief operating officer owned 8,421 shares in the company, valued at $77,978.46. The trade was a 32.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• 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 transaction of $43,395.18.
• 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.
• On Wednesday, December 17th, Christopher Vanderhook sold 5,000 shares of Viant Technology stock. The shares were sold at an average price of $11.74, for a total value of $58,700.00.
• On Wednesday, December 17th, Christopher Vanderhook sold 9,102 shares of Viant Technology stock. The stock was sold at an average price of $11.70, for a total transaction of $106,493.40.

Viant Technology Trading Up 3.0%

DSP opened at $9.50 on Friday. The company has a 50 day moving average of $11.43 and a 200 day moving average of $10.33. The company has a market cap of $593.12 million, a PE ratio of 86.37 and a beta of 1.03. Viant Technology Inc. has a 12 month low of $8.11 and a 12 month high of $22.57.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DSP. Citigroup restated a “market outperform” rating on shares of Viant Technology in a research note on Tuesday, November 11th. Rosenblatt Securities reissued a “buy” rating and set a $20.00 price objective on shares of Viant Technology in a report on Tuesday, November 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Viant Technology from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Finally, Citizens Jmp cut their price target on shares of Viant Technology from $18.00 to $16.00 and set a “market outperform” rating for the company in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $18.57.

Hedge Funds Weigh In On Viant Technology

A number of large investors have recently modified their holdings of DSP. Granite Investment Partners LLC purchased a new stake in Viant Technology in the second quarter worth approximately $7,239,000. Acadian Asset Management LLC lifted its holdings in shares of Viant Technology by 12.1% in the 2nd quarter. Acadian Asset Management LLC now owns 149,811 shares of the company’s stock worth $1,980,000 after acquiring an additional 16,205 shares during the last quarter. Corton Capital Inc. purchased a new stake in shares of Viant Technology in the 2nd quarter valued at $150,000. New York State Common Retirement Fund boosted its stake in shares of Viant Technology by 1,223.5% in the 2nd quarter. New York State Common Retirement Fund now owns 62,577 shares of the company’s stock valued at $828,000 after purchasing an additional 57,849 shares in the last quarter. Finally, AlphaQuest LLC grew its holdings in shares of Viant Technology by 287.6% during the 2nd quarter. AlphaQuest LLC now owns 4,640 shares of the company’s stock valued at $61,000 after purchasing an additional 3,443 shares during the last quarter. 11.38% of the stock is owned by hedge funds and other institutional investors.

Viant Technology News Roundup

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Analyst coverage remains generally supportive: consensus ratings skew toward “Buy” with an average target around $18.57, which provides upside context for buyers.
• Neutral Sentiment: Small institutional activity shows modest accumulation in recent quarters (new/sized-up positions by several managers), but positions are tiny in dollar terms and unlikely to move fundamentals by themselves. Institutional Trading
• Negative Sentiment: Major shareholder Capital V LLC sold large blocks (totaling roughly 36,240 shares across Feb. 17–19 at about $9.17–$9.26), materially reducing its stake; such concentrated selling can add supply pressure and hurt sentiment. Capital V LLC Form 4
• Negative Sentiment: COO Christopher Vanderhook sold ~12,080 shares across Feb. 17–19 (average prices ≈ $9.17–$9.26), cutting his reported holdings substantially; executive selling can trigger short‑term investor concern about insider conviction. COO Form 4

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.