Viant Technology (NASDAQ:DSP) Major Shareholder Sells $99,382.14 in Stock

Viant Technology Inc. (NASDAQ:DSP) major shareholder Capital Llc sold 7,722 shares of the company’s 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Viant Technology Stock Up 0.3%

NASDAQ DSP opened at $12.79 on Friday. The firm’s 50 day moving average is $11.46 and its 200-day moving average is $10.76. The company has a market capitalization of $798.53 million, a PE ratio of 116.28 and a beta of 1.03. Viant Technology Inc. has a 12-month low of $8.11 and a 12-month high of $26.33.

Viant Technology (NASDAQ:DSP) last announced its earnings results on Monday, November 10th. The company reported $0.12 EPS 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 business had revenue of $85.58 million for the quarter, compared to analyst estimates of $85.54 million. As a group, sell-side analysts expect that Viant Technology Inc. will post -0.39 EPS for the current year.

Key Viant Technology News

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. DA Davidson upped their target price on Viant Technology from $15.00 to $15.50 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Citigroup reiterated a “market outperform” rating on shares of Viant Technology in a research note on Tuesday, November 11th. Rosenblatt Securities reissued a “buy” rating and issued a $20.00 price objective on shares of Viant Technology in a report on Tuesday, November 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Viant Technology in a research note on Wednesday. Finally, Wall Street Zen lowered shares of 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 assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $18.50.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Viant Technology during the 2nd quarter worth approximately $8,443,000. Granite Investment Partners LLC bought a new position 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 worth $2,150,000. Manatuck Hill Partners LLC bought a new position in shares of Viant Technology in the second quarter valued at about $1,323,000. Finally, Millennium Management LLC lifted its stake in shares of Viant Technology by 70.9% during the 3rd quarter. Millennium Management LLC now owns 224,833 shares of the company’s stock worth $1,940,000 after buying an additional 93,282 shares during the last quarter. 11.38% of the stock is currently owned by institutional investors.

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.