Viant Technology Inc. (NASDAQ:DSP) Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC decreased its holdings in shares of Viant Technology Inc. (NASDAQ:DSP) by 19.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 66,816 shares of the company’s stock after selling 15,992 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Viant Technology were worth $740,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Segall Bryant & Hamill LLC boosted its position in shares of Viant Technology by 0.7% in the third quarter. Segall Bryant & Hamill LLC now owns 447,977 shares of the company’s stock worth $4,959,000 after acquiring an additional 2,915 shares during the last quarter. Victory Capital Management Inc. purchased a new position in Viant Technology during the third quarter worth approximately $122,000. Summit Global Investments boosted its holdings in shares of Viant Technology by 145.9% in the 3rd quarter. Summit Global Investments now owns 27,736 shares of the company’s stock valued at $307,000 after purchasing an additional 16,457 shares during the last quarter. Algert Global LLC purchased a new stake in shares of Viant Technology during the 2nd quarter valued at $128,000. Finally, Mackenzie Financial Corp acquired a new stake in shares of Viant Technology during the 2nd quarter worth $112,000. Hedge funds and other institutional investors own 11.38% of the company’s stock.

Viant Technology Trading Down 1.6 %

Shares of DSP stock opened at $18.72 on Friday. The firm has a fifty day simple moving average of $12.47 and a 200-day simple moving average of $10.93. The company has a market capitalization of $1.18 billion, a PE ratio of 312.05 and a beta of 0.72. Viant Technology Inc. has a twelve month low of $5.58 and a twelve month high of $19.40.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on DSP shares. Needham & Company LLC lifted their target price on Viant Technology from $12.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. JMP Securities boosted their target price on Viant Technology from $12.00 to $17.00 and gave the stock a “market outperform” rating in a report on Wednesday, November 13th. Canaccord Genuity Group upgraded shares of Viant Technology from a “hold” rating to a “buy” rating and raised their price target for the company from $13.00 to $18.00 in a report on Wednesday, November 13th. Craig Hallum boosted their price objective on shares of Viant Technology from $14.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, Canaccord Genuity Group raised shares of Viant Technology from a “hold” rating to a “buy” rating and raised their target price for the company from $13.00 to $18.00 in a research note on Wednesday, November 13th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Viant Technology has an average rating of “Buy” and a consensus target price of $15.86.

Insider Buying and Selling at Viant Technology

In other Viant Technology news, CFO Larry Madden sold 2,768 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $11.23, for a total value of $31,084.64. Following the transaction, the chief financial officer now directly owns 529,848 shares of the company’s stock, valued at $5,950,193.04. This represents a 0.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders sold a total of 100,166 shares of company stock valued at $1,521,311 in the last ninety days. Insiders own 28.80% of the company’s stock.

About Viant Technology

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.