Tudor Investment Corp ET AL bought a new stake in Viant Technology Inc. (NASDAQ:DSP - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 29,414 shares of the company's stock, valued at approximately $559,000.
Several other institutional investors have also recently bought and sold shares of DSP. New York State Teachers Retirement System bought a new stake in Viant Technology in the 4th quarter valued at $27,000. Summit Investment Advisors Inc. raised its stake in Viant Technology by 83.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,602 shares of the company's stock valued at $30,000 after acquiring an additional 728 shares during the period. Quantbot Technologies LP bought a new stake in Viant Technology in the 4th quarter valued at $80,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Viant Technology in the 4th quarter valued at $88,000. Finally, SG Americas Securities LLC bought a new stake in Viant Technology in the 4th quarter valued at $142,000. Institutional investors own 11.38% of the company's stock.
Viant Technology Stock Up 2.4%
Shares of Viant Technology stock traded up $0.37 on Wednesday, reaching $15.99. The company's stock had a trading volume of 101,125 shares, compared to its average volume of 230,073. Viant Technology Inc. has a 52 week low of $8.70 and a 52 week high of $26.33. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 266.38 and a beta of 1.19. The firm's fifty day simple moving average is $13.25 and its two-hundred day simple moving average is $17.01.
Analysts Set New Price Targets
A number of research analysts have commented on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $20.00 price objective on shares of Viant Technology in a report on Wednesday, May 7th. Needham & Company LLC restated a "buy" rating and issued a $21.00 target price on shares of Viant Technology in a research note on Wednesday, April 2nd. JMP Securities lifted their price target on Viant Technology from $17.00 to $24.00 and gave the company a "market outperform" rating in a research report on Monday, January 27th. Finally, Raymond James reduced their price target on Viant Technology from $27.00 to $18.00 and set an "outperform" rating for the company in a research report on Friday, April 11th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $21.00.
Read Our Latest Report on DSP
Viant Technology 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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