Capital Llc Sells 9,836 Shares of Viant Technology (NASDAQ:DSP) Stock

Viant Technology Inc. (NASDAQ:DSP) major shareholder Capital Llc sold 9,836 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $9.17, for a total value of $90,196.12. Following the sale, the insider owned 1,260 shares in the company, valued at $11,554.20. The trade was a 88.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Viant Technology Stock Up 3.0%

DSP opened at $9.50 on Friday. The company has a market cap of $593.09 million, a P/E ratio of 86.37 and a beta of 1.03. The firm’s 50-day moving average price is $11.43 and its 200-day moving average price is $10.35. Viant Technology Inc. has a 52-week low of $8.11 and a 52-week high of $22.57.

Analyst Ratings Changes

Several research firms have recently commented on DSP. Weiss Ratings reiterated a “hold (c-)” rating on shares of Viant Technology in a research note on Wednesday, January 21st. Citizens Jmp reduced their target price on Viant Technology from $18.00 to $16.00 and set a “market outperform” rating for the company in a research note on Tuesday, November 11th. B. Riley Financial reiterated a “buy” rating and set a $16.50 price target (up previously from $14.50) on shares of Viant Technology in a research note on Tuesday, November 11th. Wall Street Zen lowered Viant Technology from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, DA Davidson raised their price objective on Viant Technology from $15.00 to $15.50 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $18.57.

More Viant Technology News

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Analyst coverage remains generally supportive: consensus ratings skew toward “Buy” with an average target around $18.57, which provides upside context for buyers.
• Neutral Sentiment: Small institutional activity shows modest accumulation in recent quarters (new/sized-up positions by several managers), but positions are tiny in dollar terms and unlikely to move fundamentals by themselves. Institutional Trading
• Negative Sentiment: Major shareholder Capital V LLC sold large blocks (totaling roughly 36,240 shares across Feb. 17–19 at about $9.17–$9.26), materially reducing its stake; such concentrated selling can add supply pressure and hurt sentiment. Capital V LLC Form 4
• Negative Sentiment: COO Christopher Vanderhook sold ~12,080 shares across Feb. 17–19 (average prices ≈ $9.17–$9.26), cutting his reported holdings substantially; executive selling can trigger short‑term investor concern about insider conviction. COO Form 4

Institutional Trading of Viant Technology

Hedge funds have recently added to or reduced their stakes in the company. Granite Investment Partners LLC purchased a new position in Viant Technology in the second quarter valued at $7,239,000. Acadian Asset Management LLC grew its position in shares of Viant Technology by 12.1% during the 2nd quarter. Acadian Asset Management LLC now owns 149,811 shares of the company’s stock valued at $1,980,000 after acquiring an additional 16,205 shares during the period. Corton Capital Inc. purchased a new position in shares of Viant Technology in the 2nd quarter valued at about $150,000. New York State Common Retirement Fund increased its stake in shares of Viant Technology by 1,223.5% in the 2nd quarter. New York State Common Retirement Fund now owns 62,577 shares of the company’s stock valued at $828,000 after purchasing an additional 57,849 shares in the last quarter. Finally, AlphaQuest LLC raised its holdings in Viant Technology by 287.6% in the 2nd quarter. AlphaQuest LLC now owns 4,640 shares of the company’s stock worth $61,000 after purchasing an additional 3,443 shares during the period. 11.38% of the stock is owned by hedge funds and other institutional investors.

About Viant Technology

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.