Key Points
- Viant Technology CFO Larry Madden sold 17,297 shares on May 11 for about $197,532, reducing his ownership by 3.23%. The sale was made under a pre-arranged Rule 10b5-1 plan.
- The company’s latest earnings were mixed: revenue of $88.54 million beat estimates, but EPS of -$0.03 missed expectations. Analysts still see upside, with a consensus rating of Buy and an average price target of $18.00.
- Viant raised its second-quarter revenue outlook to $98.0 million-$101.5 million, above consensus, suggesting improving top-line momentum. Recent analyst updates were also positive, including price target increases from DA Davidson and B. Riley Financial.
Viant Technology Inc. (NASDAQ:DSP - Get Free Report) CFO Larry Madden sold 17,297 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $11.42, for a total transaction of $197,531.74. Following the completion of the transaction, the chief financial officer owned 517,864 shares in the company, valued at $5,914,006.88. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Larry Madden also recently made the following trade(s):
- On Friday, May 8th, Larry Madden sold 18,538 shares of Viant Technology stock. The stock was sold at an average price of $11.85, for a total transaction of $219,675.30.
- On Thursday, April 23rd, Larry Madden sold 12,782 shares of Viant Technology stock. The shares were sold at an average price of $10.16, for a total transaction of $129,865.12.
- On Wednesday, April 22nd, Larry Madden sold 13,263 shares of Viant Technology stock. The shares were sold at an average price of $10.74, for a total transaction of $142,444.62.
- On Tuesday, April 21st, Larry Madden sold 13,283 shares of Viant Technology stock. The shares were sold at an average price of $10.91, for a total transaction of $144,917.53.
- On Monday, April 6th, Larry Madden sold 7,297 shares of Viant Technology stock. The shares were sold at an average price of $11.31, for a total transaction of $82,529.07.
- On Friday, March 13th, Larry Madden sold 1,658 shares of Viant Technology stock. The shares were sold at an average price of $13.03, for a total transaction of $21,603.74.
Viant Technology Price Performance
Shares of DSP stock opened at $10.80 on Wednesday. The company has a market capitalization of $684.18 million, a price-to-earnings ratio of 30.00 and a beta of 1.00. Viant Technology Inc. has a one year low of $8.11 and a one year high of $16.25. The company's fifty day moving average price is $10.97 and its 200-day moving average price is $10.84.
Viant Technology (NASDAQ:DSP - Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.11). The firm had revenue of $88.54 million for the quarter, compared to the consensus estimate of $50.13 million. Viant Technology had a net margin of 2.51% and a return on equity of 2.46%. Equities research analysts expect that Viant Technology Inc. will post -0.12 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on DSP. DA Davidson upped their price objective on Viant Technology from $16.00 to $16.50 and gave the company a "buy" rating in a research report on Tuesday. Wall Street Zen raised shares of Viant Technology from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Rosenblatt Securities reissued a "buy" rating and set a $20.00 target price on shares of Viant Technology in a research report on Thursday, April 16th. B. Riley Financial upped their price target on shares of Viant Technology from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Freedom Capital upgraded shares of Viant Technology to a "strong-buy" rating in a research note on Tuesday, March 10th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Viant Technology has a consensus rating of "Buy" and an average price target of $18.00.
Read Our Latest Research Report on DSP
Key Headlines Impacting Viant Technology
Here are the key news stories impacting Viant Technology this week:
- Positive Sentiment: Viant Technology raised its second-quarter 2026 revenue outlook to $98.0 million-$101.5 million, above the $93.2 million consensus estimate, signaling better-than-expected top-line momentum.
- Positive Sentiment: Analysts turned more optimistic after the earnings report, with DA Davidson lifting its price target to $16.50 and B. Riley Financial raising its target to $18.00, both reiterating buy ratings.
- Neutral Sentiment: The company’s Q1 results were mixed: revenue came in at $88.54 million, well above expectations, but adjusted EPS of $0.07 missed the $0.08 consensus by a narrow margin. Viant Technology Earnings Report
- Neutral Sentiment: Earnings-call coverage highlighted record revenue growth, which may be reinforcing the view that operating trends remain solid despite the modest EPS miss. Viant Technology Q1 2026 Earnings Call Highlights
- Negative Sentiment: CFO Larry Madden disclosed two insider sales under a pre-arranged 10b5-1 plan, which can still weigh on sentiment even though the trades were scheduled in advance.
Institutional Trading of Viant Technology
Hedge funds and other institutional investors have recently made changes to their positions in the business. Topline Capital Management LLC acquired a new stake in shares of Viant Technology in the third quarter worth $2,150,000. Tudor Investment Corp ET AL increased its stake in shares of Viant Technology by 39.7% in the third quarter. Tudor Investment Corp ET AL now owns 191,636 shares of the company's stock worth $1,654,000 after acquiring an additional 54,507 shares during the period. Dynamic Technology Lab Private Ltd grew its position in Viant Technology by 474.3% during the third quarter. Dynamic Technology Lab Private Ltd now owns 70,533 shares of the company's stock valued at $609,000 after buying an additional 58,251 shares during the period. Nano Cap New Millennium Growth Fund L P acquired a new stake in Viant Technology during the fourth quarter valued at $873,000. Finally, CWM LLC grew its position in Viant Technology by 431.0% during the fourth quarter. CWM LLC now owns 2,793 shares of the company's stock valued at $34,000 after buying an additional 2,267 shares during the period. Institutional investors and hedge funds own 11.38% of the company's stock.
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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