Capital Llc Sells 14,778 Shares of Viant Technology (NASDAQ:DSP) Stock

Viant Technology Inc. (NASDAQ:DSP) major shareholder Capital Llc sold 14,778 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $12.24, for a total transaction of $180,882.72. Following the completion of the sale, the insider directly owned 7,722 shares in the company, valued at approximately $94,517.28. The trade was a 65.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Viant Technology Stock Up 0.3%

Shares of DSP opened at $12.79 on Friday. The stock’s 50-day moving average price is $11.46 and its 200-day moving average price is $10.78. The company has a market capitalization of $798.48 million, a price-to-earnings ratio of 116.28 and a beta of 1.03. Viant Technology Inc. has a 52 week low of $8.11 and a 52 week high of $26.33.

Viant Technology (NASDAQ:DSP) last announced its quarterly earnings results on Monday, November 10th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The company had revenue of $85.58 million during the quarter, compared to analyst estimates of $85.54 million. Viant Technology had a net margin of 0.57% and a negative return on equity of 5.00%. As a group, equities analysts anticipate that Viant Technology Inc. will post -0.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

DSP has been the topic of a number of analyst reports. B. Riley restated a “buy” rating and set a $16.50 target price (up from $14.50) on shares of Viant Technology in a research report on Tuesday, November 11th. Weiss Ratings restated a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and set a $20.00 target price on shares of Viant Technology in a research report on Tuesday, November 11th. Wall Street Zen cut shares of Viant Technology from a “buy” rating to a “hold” rating in a research note on Saturday, October 25th. Finally, Citigroup reissued a “market outperform” rating on shares of Viant Technology in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $18.50.

Viant Technology News Summary

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

• Positive Sentiment: Analyst and institutional support: Multiple sell‑side firms still rate DSP as a Buy with an average price target near $18.50, and several institutions have increased positions in recent quarters — a source of demand and a positive backdrop for the stock.
• Neutral Sentiment: Company fundamentals / trading context: Recent quarterly results showed revenue roughly in line with expectations but a small EPS miss; the shares trade above the 50‑ and 200‑day moving averages, leaving room for momentum-driven gains but also reflecting a stretched valuation (high P/E). Market Data & Earnings
• Negative Sentiment: CEO insider selling: CEO Timothy Vanderhook sold a sequence of shares Jan. 20–22 totaling 12,500 shares (approx. $153k gross) and materially reduced his direct stake across filings — a development investors often view as a negative signal for near‑term confidence. CEO SEC Filing
• Negative Sentiment: Major shareholder trimming: Capital V LLC (a >10% owner) disposed of 37,500 shares across Jan. 20–22 for aggregate proceeds of roughly $459k, cutting its position substantially (reported 40% then ~65% reductions) — this increases available float and could add selling pressure. Major Shareholder SEC Filing

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Punch & Associates Investment Management Inc. grew its holdings in shares of Viant Technology by 3.8% during the third quarter. Punch & Associates Investment Management Inc. now owns 1,199,490 shares of the company’s stock worth $10,352,000 after buying an additional 44,357 shares in the last quarter. Fort Washington Investment Advisors Inc. OH acquired a new position in Viant Technology during the second quarter worth about $8,443,000. Granite Investment Partners LLC acquired a new position in Viant Technology during the second quarter worth about $7,239,000. Geode Capital Management LLC grew its stake in Viant Technology by 6.4% during the 2nd quarter. Geode Capital Management LLC now owns 380,598 shares of the company’s stock valued at $5,036,000 after acquiring an additional 22,857 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in Viant Technology by 6.1% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 276,689 shares of the company’s stock valued at $3,661,000 after acquiring an additional 15,786 shares in the last quarter. Hedge funds and other institutional investors own 11.38% of the company’s stock.

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.