Insider Selling: Viant Technology (NASDAQ:DSP) CEO Sells 2,574 Shares of Stock

Key Points

  • Capital V LLC executed a multi-day disposal, selling 7,722 shares on Jan. 22 at an average $12.87 for about $99,382, after selling 15,000 and 14,778 shares on Jan. 20–21, substantially cutting its stake.
  • CEO Timothy Vanderhook sold his remaining holdings in a three-day sequence (5,000 on Jan. 20, 4,926 on Jan. 21, and 2,574 on Jan. 22), completing a full exit of his disclosed direct stake.
  • Viant missed last quarter's EPS ($0.12 vs. $0.15 expected); the stock trades around $12.75 with a market cap of ~$796M and a high P/E (~116), while analysts' consensus is a "Buy" with an average price target of $18.50.

Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CEO Timothy Vanderhook sold 2,574 shares of the business's stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $12.87, for a total value of $33,127.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Timothy Vanderhook also recently made the following trade(s):

  • On Wednesday, January 21st, Timothy Vanderhook sold 4,926 shares of Viant Technology stock. The stock was sold at an average price of $12.24, for a total transaction of $60,294.24.
  • On Tuesday, January 20th, Timothy Vanderhook sold 5,000 shares of Viant Technology stock. The shares were sold at an average price of $11.94, for a total transaction of $59,700.00.

Viant Technology Stock Up 2.3%

DSP stock opened at $12.75 on Friday. Viant Technology Inc. has a 52-week low of $8.11 and a 52-week high of $26.33. The company's 50-day simple moving average is $11.41 and its 200-day simple moving average is $10.79. The firm has a market cap of $795.98 million, a P/E ratio of 115.92 and a beta of 1.03.




Viant Technology (NASDAQ:DSP - Get Free Report) last issued its quarterly 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 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 analysts' expectations of $85.54 million. On average, analysts anticipate that Viant Technology Inc. will post -0.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Viant Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of Viant Technology by 246.4% in the 1st quarter. Royal Bank of Canada now owns 29,213 shares of the company's stock valued at $363,000 after buying an additional 20,779 shares during the period. AQR Capital Management LLC lifted its stake in shares of Viant Technology by 303.6% in the 1st quarter. AQR Capital Management LLC now owns 47,295 shares of the company's stock valued at $587,000 after purchasing an additional 35,578 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Viant Technology by 77.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 136,249 shares of the company's stock worth $1,691,000 after purchasing an additional 59,323 shares during the last quarter. Rhumbline Advisers raised its holdings in Viant Technology by 2.8% in the 1st quarter. Rhumbline Advisers now owns 43,986 shares of the company's stock valued at $546,000 after buying an additional 1,214 shares during the period. Finally, Voya Investment Management LLC lifted its position in Viant Technology by 24.6% in the first quarter. Voya Investment Management LLC now owns 19,129 shares of the company's stock valued at $237,000 after buying an additional 3,782 shares during the last quarter. 11.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DSP shares. Weiss Ratings restated a "hold (c-)" rating on shares of Viant Technology in a research report on Wednesday. B. Riley reissued a "buy" rating and set a $16.50 target price (up previously from $14.50) on shares of Viant Technology in a research note on Tuesday, November 11th. Citigroup reaffirmed a "market outperform" rating on shares of Viant Technology in a research note on Tuesday, November 11th. Rosenblatt Securities reissued a "buy" rating and set a $20.00 target price 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 assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $18.50.

Get Our Latest Report on DSP

Viant Technology News Summary

Here are the key news stories impacting Viant Technology this week:

  • Neutral Sentiment: Analyst and institutional context: multiple analysts continue to rate DSP a Buy on average (MarketBeat shows an average price target near $18.50) and several institutions have added positions in past quarters — a reminder there is still analyst/institutional interest supporting the name. MarketBeat Report
  • Negative Sentiment: CEO Timothy Vanderhook sold a sequence of shares Jan. 20–22 totaling 12,500 shares for roughly $153k, reducing his direct stake substantially (reported ~65% reduction across the filings). Large, concentrated insider sales by the CEO can raise governance and confidence questions for investors. CEO SEC Filing
  • Negative Sentiment: Major shareholder Capital V / Capital LLC executed multiple disposals Jan. 20–22 totaling 37,500 shares for aggregate proceeds of roughly $459k, with reported reductions in their stake of ~40% then ~65% during the sequence — a material trimming by a >10% owner that could increase available float and selling pressure. Major Shareholder SEC Filing

About Viant Technology

(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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