Key Points
- COO Christopher Vanderhook sold 16,602 shares (2,500 on Dec. 19 plus earlier tranches) for roughly $194,668, part of clustered insider selling that also included the CFO and a large reduction by major holder Capital V LLC.
- The stock shows a stretched valuation and mixed fundamentals — market cap ~ $734M, trailing P/E ~106.9, a quarterly EPS of $0.12 that missed estimates, and a 52‑week range of $8.11–$26.33.
- Positive catalyst: Viant announced a strategic integration with iHeartMedia to scale addressable audio inventory, and analysts maintain a consensus "Buy" with a $18.50 average price target.
Viant Technology Inc. (NASDAQ:DSP - Get Free Report) COO Christopher Vanderhook sold 2,500 shares of the business's stock in a transaction on Friday, December 19th. The shares were sold at an average price of $11.79, for a total transaction of $29,475.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Christopher Vanderhook also recently made the following trade(s):
- 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 value of $58,700.00.
- On Wednesday, December 17th, Christopher Vanderhook sold 9,102 shares of Viant Technology stock. The shares were sold at an average price of $11.70, for a total value of $106,493.40.
Viant Technology Price Performance
DSP stock opened at $11.76 on Friday. The stock has a market capitalization of $734.18 million, a P/E ratio of 106.92 and a beta of 1.05. The business has a 50-day moving average of $9.97 and a 200-day moving average of $11.03. Viant Technology Inc. has a fifty-two week low of $8.11 and a fifty-two week high of $26.33.
Viant Technology (NASDAQ:DSP - Get Free Report) last announced its earnings results on Monday, November 10th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.03). Viant Technology had a net margin of 0.57% and a negative return on equity of 5.00%. The firm had revenue of $85.58 million during the quarter, compared to analyst estimates of $85.54 million. Equities analysts expect that Viant Technology Inc. will post -0.39 EPS for the current year.
Viant Technology News Roundup
Here are the key news stories impacting Viant Technology this week:
- Positive Sentiment: Strategic partnership: Viant announced a strategic integration with iHeartMedia to enable addressable audio at scale — this expands Viant’s addressable inventory and advertiser reach in audio and podcasting, a tangible commercial growth opportunity. iHeartMedia and Viant Partner
- Positive Sentiment: Analyst backdrop: Brokerages maintain a buy consensus and several price-target upgrades/affirmations, supporting upside expectations versus the current quote. That institutional sentiment can cushion downside and attract buyers. Analyst Consensus: Buy
- Neutral Sentiment: Valuation and technicals: DSP still trades with a high trailing P/E and has recently been around its 50- and 200-day moving averages; the combination of stretched valuation and mixed fundamentals means traders may react strongly to incremental news. Market Data & Profile
- Negative Sentiment: Insider and major-holder selling: Multiple insiders disclosed sales on Dec. 17 — CFO Larry Madden sold 13,477 shares (~$157.7K at ~$11.70), the COO sold several tranches, and major shareholder Capital V LLC sold 15,000 shares (reported as a ~40% stake reduction in that filing). Large or clustered insider/holder sales can be read as a near-term negative catalyst and may increase selling pressure. Insider Selling Details
Hedge Funds Weigh In On Viant Technology
Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC bought a new stake in Viant Technology in the third quarter valued at approximately $31,000. AlphaQuest LLC boosted its stake in shares of Viant Technology by 287.6% during the 2nd quarter. AlphaQuest LLC now owns 4,640 shares of the company's stock worth $61,000 after acquiring an additional 3,443 shares during the period. BNP Paribas Financial Markets increased its holdings 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 acquiring an additional 6,454 shares during the last quarter. Central Pacific Bank Trust Division bought a new stake in Viant Technology in the 2nd quarter valued at $75,000. Finally, Franklin Resources Inc. acquired a new stake in Viant Technology during the 3rd quarter valued at $100,000. Institutional investors own 11.38% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on the stock. Rosenblatt Securities reaffirmed a "buy" rating and issued a $20.00 target price on shares of Viant Technology in a research report on Tuesday, November 11th. Wall Street Zen downgraded shares of Viant Technology from a "buy" rating to a "hold" rating in a research note on Saturday, October 25th. Citigroup reaffirmed a "market outperform" rating on shares of Viant Technology in a research report on Tuesday, November 11th. 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. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Viant Technology in a research note on Wednesday, October 8th. One 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.com, the stock has a consensus rating of "Buy" and a consensus price target of $18.50.
Check Out Our Latest Research Report on Viant Technology
Viant Technology Company Profile
(
Get Free Report)
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.
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