Nuveen LLC bought a new stake in shares of Viant Technology Inc. (NASDAQ:DSP - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 39,879 shares of the company's stock, valued at approximately $495,000. Nuveen LLC owned approximately 0.06% of Viant Technology as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN grew its stake in Viant Technology by 76.3% during the fourth quarter. Wells Fargo & Company MN now owns 8,846 shares of the company's stock valued at $168,000 after acquiring an additional 3,829 shares in the last quarter. Two Sigma Investments LP purchased a new position in shares of Viant Technology in the 4th quarter worth $197,000. Bailard Inc. grew its stake in shares of Viant Technology by 18.4% in the 1st quarter. Bailard Inc. now owns 19,972 shares of the company's stock worth $248,000 after buying an additional 3,100 shares in the last quarter. Huntleigh Advisors Inc. grew its stake in shares of Viant Technology by 16.7% in the 1st quarter. Huntleigh Advisors Inc. now owns 22,418 shares of the company's stock worth $278,000 after buying an additional 3,216 shares in the last quarter. Finally, Voya Investment Management LLC grew its stake in shares of Viant Technology by 28.8% in the 4th quarter. Voya Investment Management LLC now owns 15,347 shares of the company's stock worth $291,000 after buying an additional 3,431 shares in the last quarter. 11.38% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have commented on DSP. JMP Securities dropped their price objective on shares of Viant Technology from $24.00 to $18.00 and set a "market outperform" rating for the company in a research note on Tuesday, August 12th. DA Davidson began coverage on shares of Viant Technology in a research note on Friday, August 29th. They issued a "buy" rating and a $15.00 price objective for the company. Canaccord Genuity Group dropped their price objective on shares of Viant Technology from $24.00 to $22.00 and set a "buy" rating for the company in a research note on Tuesday, August 12th. Raymond James Financial dropped their price objective on shares of Viant Technology from $20.00 to $19.00 and set a "strong-buy" rating for the company in a research note on Tuesday, August 12th. Finally, Wall Street Zen raised shares of Viant Technology from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. One analyst has rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. According to MarketBeat.com, Viant Technology currently has an average rating of "Buy" and an average target price of $19.78.
Check Out Our Latest Analysis on DSP
Viant Technology Trading Down 1.5%
Shares of DSP stock traded down $0.15 during trading hours on Tuesday, reaching $10.16. 68,911 shares of the stock were exchanged, compared to its average volume of 316,149. Viant Technology Inc. has a 12-month low of $9.07 and a 12-month high of $26.33. The company's 50-day moving average price is $12.14 and its 200-day moving average price is $13.30. The firm has a market capitalization of $639.57 million, a price-to-earnings ratio of 78.16 and a beta of 1.11.
Insider Transactions at Viant Technology
In related news, CFO Larry Madden sold 13,265 shares of Viant Technology stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $13.08, for a total transaction of $173,506.20. Following the completion of the transaction, the chief financial officer directly owned 436,261 shares of the company's stock, valued at approximately $5,706,293.88. The trade was a 2.95% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy Vanderhook sold 8,960 shares of the business's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $13.08, for a total transaction of $117,196.80. Following the completion of the sale, the chief executive officer directly owned 365,076 shares of the company's stock, valued at approximately $4,775,194.08. This trade represents a 2.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. 28.80% of the stock is currently owned by insiders.
Viant Technology Company Profile
(
Free Report)
Viant Technology Inc operates as an advertising technology company. It provides Household ID, a people-based innovation that combines digital and personal identifiers into a normalized household profile; AI Bid Optimizer, solution that uses AI to analyze historical bid opportunities to predict the lowest media cost for desired advertisement; and Viant Data Platform, which offers marketers control over their own data with actionable insights into their marketing initiatives within a single platform.
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