Capital Llc Sells 7,722 Shares of Viant Technology (NASDAQ:DSP) Stock

Viant Technology Inc. (NASDAQ:DSP) major shareholder Capital Llc sold 7,722 shares of the stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $12.87, for a total value of $99,382.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Viant Technology Stock Performance

Shares of DSP opened at $12.79 on Friday. The firm’s 50-day simple moving average is $11.46 and its two-hundred day simple moving average is $10.78. Viant Technology Inc. has a fifty-two week low of $8.11 and a fifty-two week high of $26.33. The stock has a market cap of $798.48 million, a PE ratio of 116.28 and a beta of 1.03.

Viant Technology (NASDAQ:DSP) last posted its quarterly earnings results on Monday, November 10th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.03). Viant Technology had a negative return on equity of 5.00% and a net margin of 0.57%.The company had revenue of $85.58 million during the quarter, compared to analysts’ expectations of $85.54 million. Equities research analysts predict that Viant Technology Inc. will post -0.39 EPS for the current year.

Institutional Investors Weigh In On Viant Technology

Large investors have recently made changes to their positions in the company. Punch & Associates Investment Management Inc. lifted its stake in shares of Viant Technology by 3.8% in the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,199,490 shares of the company’s stock worth $10,352,000 after purchasing an additional 44,357 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new position in Viant Technology in the second quarter worth approximately $8,443,000. Granite Investment Partners LLC purchased a new position in shares of Viant Technology during the 2nd quarter worth $7,239,000. Geode Capital Management LLC grew its position in shares of Viant Technology by 6.4% during the 2nd quarter. Geode Capital Management LLC now owns 380,598 shares of the company’s stock valued at $5,036,000 after acquiring an additional 22,857 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Viant Technology by 6.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 276,689 shares of the company’s stock worth $3,661,000 after purchasing an additional 15,786 shares in the last quarter. 11.38% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. DA Davidson lifted their target price on shares of Viant Technology from $15.00 to $15.50 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Citigroup reaffirmed a “market outperform” rating on shares of Viant Technology in a research report on Tuesday, November 11th. Rosenblatt Securities reissued a “buy” rating and issued a $20.00 target price on shares of Viant Technology in a report on Tuesday, November 11th. B. Riley reaffirmed a “buy” rating and set a $16.50 price target (up from $14.50) on shares of Viant Technology in a report on Tuesday, November 11th. Finally, Wall Street Zen cut Viant Technology from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $18.50.

Key Stories 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.
• 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.