Tudor Investment Corp ET AL Acquires 54,507 Shares of Viant Technology Inc. $DSP

Tudor Investment Corp ET AL boosted its holdings in Viant Technology Inc. (NASDAQ:DSP) by 39.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 191,636 shares of the company’s stock after buying an additional 54,507 shares during the period. Tudor Investment Corp ET AL owned approximately 0.31% of Viant Technology worth $1,654,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DSP. Punch & Associates Investment Management Inc. raised its position in shares of Viant Technology by 3.8% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,199,490 shares of the company’s stock valued at $10,352,000 after acquiring an additional 44,357 shares during the last quarter. Granite Investment Partners LLC bought a new position in shares of Viant Technology in the 2nd quarter worth $7,239,000. Geode Capital Management LLC grew its stake in shares of 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 period. Arrowstreet Capital Limited Partnership grew its stake in shares of Viant Technology by 6.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 276,689 shares of the company’s stock worth $3,661,000 after purchasing an additional 15,786 shares during the period. Finally, Topline Capital Management LLC bought a new stake in Viant Technology in the third quarter valued at about $2,150,000. Institutional investors and hedge funds own 11.38% of the company’s stock.

Analyst Ratings Changes

DSP has been the topic of a number of recent analyst reports. DA Davidson restated a “buy” rating and set a $15.50 target price on shares of Viant Technology in a report on Thursday, March 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 price target on shares of Viant Technology in a research report on Thursday, March 12th. Loop Capital set a $14.50 price objective on shares of Viant Technology in a research note on Tuesday, March 10th. Weiss Ratings restated a “hold (c-)” rating on shares of Viant Technology in a report on Wednesday, January 21st. Finally, Freedom Capital raised shares of Viant Technology to a “strong-buy” rating in a research note on Tuesday, March 10th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $18.13.

Viant Technology Price Performance

Viant Technology stock opened at $10.75 on Monday. The company has a 50 day moving average of $10.90 and a 200-day moving average of $10.39. Viant Technology Inc. has a twelve month low of $8.11 and a twelve month high of $16.25. The stock has a market capitalization of $681.01 million, a PE ratio of 33.59 and a beta of 1.05.

Insider Buying and Selling at Viant Technology

In other Viant Technology news, major shareholder Capital V. Llc sold 8,760 shares of Viant Technology stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $11.42, for a total value of $100,039.20. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Christopher Vanderhook sold 2,920 shares of the business’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $11.42, for a total value of $33,346.40. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 135,882 shares of company stock worth $1,503,709 over the last ninety days. 28.80% of the stock is currently owned by insiders.

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.