Viant Technology (NASDAQ:DSP - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Monday, August 11th. Analysts expect Viant Technology to post earnings of $0.10 per share and revenue of $77.97 million for the quarter.
Viant Technology Trading Down 3.6%
DSP traded down $0.46 during midday trading on Friday, hitting $12.47. 237,743 shares of the company traded hands, compared to its average volume of 195,083. The company has a market capitalization of $780.25 million, a price-to-earnings ratio of 113.37 and a beta of 1.12. Viant Technology has a 52-week low of $8.70 and a 52-week high of $26.33. The business has a 50 day simple moving average of $13.53 and a two-hundred day simple moving average of $15.25.
Insider Transactions at Viant Technology
In other news, CEO Timothy Vanderhook sold 8,960 shares of the firm's stock in a transaction dated Friday, June 13th. The shares were sold at an average price of $13.08, for a total value of $117,196.80. Following the transaction, 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 transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Max O. Valdes sold 5,062 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $13.87, for a total transaction of $70,209.94. Following the completion of the transaction, the director directly owned 26,429 shares in the company, valued at approximately $366,570.23. This represents a 16.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 32,125 shares of company stock valued at $430,048. Corporate insiders own 29.40% of the company's stock.
Hedge Funds Weigh In On Viant Technology
Hedge funds and other institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its position in Viant Technology by 77.1% during the first 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. AQR Capital Management LLC increased its position in Viant Technology by 303.6% during the first quarter. AQR Capital Management LLC now owns 47,295 shares of the company's stock worth $587,000 after purchasing an additional 35,578 shares during the last quarter. Geode Capital Management LLC increased its position in Viant Technology by 6.4% during the second quarter. Geode Capital Management LLC now owns 380,598 shares of the company's stock worth $5,036,000 after purchasing an additional 22,857 shares during the last quarter. Royal Bank of Canada increased its position in Viant Technology by 246.4% during the first quarter. Royal Bank of Canada now owns 29,213 shares of the company's stock worth $363,000 after purchasing an additional 20,779 shares during the last quarter. Finally, Envestnet Asset Management Inc. acquired a new stake in Viant Technology during the second quarter worth about $166,000. 11.38% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have issued reports on DSP. Raymond James Financial raised shares of Viant Technology from an "outperform" rating to a "strong-buy" rating and set a $20.00 price objective on the stock in a report on Thursday, July 31st. Rosenblatt Securities reaffirmed a "buy" rating and set a $20.00 price objective on shares of Viant Technology in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Viant Technology currently has an average rating of "Buy" and a consensus price target of $21.25.
Check Out Our Latest Research Report on DSP
About Viant Technology
(
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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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