Tudor Investment Corp ET AL Has $1.65 Million Stock Position in Viant Technology Inc. $DSP

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

Several other institutional investors and hedge funds have also modified their holdings of DSP. Rhumbline Advisers lifted its holdings in Viant Technology by 2.4% during the 2nd quarter. Rhumbline Advisers now owns 45,042 shares of the company’s stock worth $596,000 after buying an additional 1,056 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Viant Technology by 4.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 27,121 shares of the company’s stock worth $359,000 after buying an additional 1,109 shares in the last quarter. Strs Ohio lifted its holdings in Viant Technology by 4.5% during the 3rd quarter. Strs Ohio now owns 39,300 shares of the company’s stock worth $339,000 after buying an additional 1,700 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Viant Technology during the 3rd quarter worth $31,000. Finally, BNP Paribas Financial Markets lifted its holdings in Viant Technology by 433.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,942 shares of the company’s stock worth $69,000 after buying an additional 6,454 shares in the last quarter. 11.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Freedom Capital raised Viant Technology to a “strong-buy” rating in a report on Tuesday, March 10th. DA Davidson reaffirmed a “buy” rating and set a $15.50 price objective on shares of Viant Technology in a report on Thursday, March 12th. Loop Capital set a $14.50 target price on shares of Viant Technology in a research report on Tuesday, March 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Viant Technology in a research report on Wednesday, January 21st. Finally, Wall Street Zen upgraded shares of Viant Technology from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Viant Technology has an average rating of “Buy” and a consensus price target of $17.71.

Viant Technology Price Performance

DSP opened at $9.50 on Monday. Viant Technology Inc. has a 12 month low of $8.11 and a 12 month high of $16.25. The company has a fifty day simple moving average of $10.56 and a 200 day simple moving average of $10.50. The stock has a market cap of $601.83 million, a P/E ratio of 29.69 and a beta of 0.94.

Insiders Place Their Bets

In other Viant Technology news, CFO Larry Madden sold 7,297 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $11.31, for a total transaction of $82,529.07. Following the completion of the transaction, the chief financial officer owned 593,027 shares in the company, valued at approximately $6,707,135.37. This represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Timothy Vanderhook sold 5,000 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $11.94, for a total value of $59,700.00. Following the transaction, the chief executive officer owned 7,500 shares of the company’s stock, valued at approximately $89,550. This trade represents a 40.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 143,179 shares of company stock worth $1,586,238. Corporate insiders own 28.80% of the company’s stock.

Viant Technology Company Profile

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.