Tudor Investment Corp ET AL Has $1.65 Million Stock Position in Viant Technology Inc. $DSP

Tudor Investment Corp ET AL grew its holdings in Viant Technology Inc. (NASDAQ:DSP) by 39.7% during the third quarter, Holdings Channel.com reports. The firm owned 191,636 shares of the company’s stock after acquiring an additional 54,507 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Viant Technology were worth $1,654,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Rhumbline Advisers boosted its holdings in Viant Technology by 2.4% during the second quarter. Rhumbline Advisers now owns 45,042 shares of the company’s stock worth $596,000 after purchasing an additional 1,056 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Viant Technology by 4.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 27,121 shares of the company’s stock valued at $359,000 after buying an additional 1,109 shares during the last quarter. Strs Ohio lifted its position in Viant Technology by 4.5% during the 3rd quarter. Strs Ohio now owns 39,300 shares of the company’s stock worth $339,000 after buying an additional 1,700 shares in the last quarter. Farther Finance Advisors LLC bought a new stake in Viant Technology during the 3rd quarter worth about $31,000. Finally, BNP Paribas Financial Markets boosted its stake in shares of Viant Technology by 433.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,942 shares of the company’s stock worth $69,000 after buying an additional 6,454 shares during the last quarter. Institutional investors own 11.38% of the company’s stock.

Insider Buying and Selling

In other news, CEO Timothy Vanderhook sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $11.94, for a total value of $59,700.00. Following the completion of the sale, the chief executive officer directly owned 7,500 shares of the company’s stock, valued at $89,550. This trade represents a 40.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Capital V. Llc sold 15,000 shares of Viant Technology stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $11.94, for a total value of $179,100.00. Following the transaction, the insider owned 22,500 shares of the company’s stock, valued at $268,650. This represents a 40.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 135,882 shares of company stock worth $1,503,709. Company insiders own 28.80% of the company’s stock.

Analysts Set New Price Targets

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

Viant Technology Price Performance

Viant Technology stock opened at $10.75 on Monday. The company’s 50-day moving average is $10.90 and its 200-day moving average is $10.39. The firm has a market capitalization of $681.01 million, a PE ratio of 33.59 and a beta of 1.05. Viant Technology Inc. has a fifty-two week low of $8.11 and a fifty-two week high of $16.25.

Viant Technology 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.