Christopher Vanderhook Sells 4,079 Shares of Viant Technology (NASDAQ:DSP) Stock

Viant Technology Inc. (NASDAQ:DSP) COO Christopher Vanderhook sold 4,079 shares of the business’s stock in a transaction 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 sale, the chief operating officer owned 8,421 shares in the company, valued at approximately $77,978.46. The trade was a 32.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

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 value 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 transaction of $29,475.00.
• On Wednesday, December 17th, Christopher Vanderhook sold 5,000 shares of Viant Technology stock. The stock was sold at an average price of $11.74, for a total transaction 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 value of $106,493.40.

Viant Technology Stock Performance

DSP stock opened at $9.50 on Friday. The stock’s 50 day moving average price is $11.43 and its 200 day moving average price is $10.35. The firm has a market cap of $593.09 million, a P/E ratio of 86.37 and a beta of 1.03. Viant Technology Inc. has a 1 year low of $8.11 and a 1 year high of $22.57.

Institutional Trading of Viant Technology

Institutional investors and hedge funds have recently made changes to their positions in the company. Punch & Associates Investment Management Inc. raised its position 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 buying an additional 44,357 shares during the period. Royce & Associates LP raised its holdings in shares of Viant Technology by 72.3% in the 4th quarter. Royce & Associates LP now owns 912,043 shares of the company’s stock worth $10,981,000 after purchasing an additional 382,664 shares during the period. Granite Investment Partners LLC purchased a new position in shares of Viant Technology in the 2nd quarter worth about $7,239,000. Renaissance Technologies LLC raised its holdings in Viant Technology by 2.6% in the fourth quarter. Renaissance Technologies LLC now owns 493,800 shares of the company’s stock valued at $5,945,000 after buying an additional 12,683 shares during the period. Finally, Millennium Management LLC grew its stake in Viant Technology by 91.2% during the fourth quarter. Millennium Management LLC now owns 429,993 shares of the company’s stock worth $5,177,000 after buying an additional 205,160 shares during the period. 11.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on DSP. Citigroup reiterated a “market outperform” rating on shares of Viant Technology in a research report on Tuesday, November 11th. 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 research note on Tuesday, November 11th. Wall Street Zen downgraded Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings restated a “hold (c-)” rating on shares of Viant Technology in a report on Wednesday, January 21st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 target price on shares of Viant Technology 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 issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $18.57.

Trending Headlines about Viant Technology

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

Viant Technology Company Profile

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.