Segall Bryant & Hamill LLC Has $4.96 Million Position in Viant Technology Inc. (NASDAQ:DSP)

Segall Bryant & Hamill LLC raised its position in Viant Technology Inc. (NASDAQ:DSP) by 0.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 447,977 shares of the company’s stock after purchasing an additional 2,915 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.71% of Viant Technology worth $4,959,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Acadian Asset Management LLC lifted its holdings in shares of Viant Technology by 379.0% during the 1st quarter. Acadian Asset Management LLC now owns 18,749 shares of the company’s stock valued at $198,000 after purchasing an additional 14,835 shares in the last quarter. Quadrature Capital Ltd lifted its stake in Viant Technology by 39.0% in the first quarter. Quadrature Capital Ltd now owns 73,684 shares of the company’s stock valued at $783,000 after buying an additional 20,668 shares in the last quarter. Kennedy Capital Management LLC boosted its holdings in shares of Viant Technology by 3.8% in the first quarter. Kennedy Capital Management LLC now owns 42,970 shares of the company’s stock valued at $458,000 after buying an additional 1,562 shares during the period. Summit Global Investments bought a new stake in shares of Viant Technology during the second quarter worth $111,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of Viant Technology by 14.8% during the second quarter. Bank of New York Mellon Corp now owns 43,571 shares of the company’s stock worth $430,000 after acquiring an additional 5,601 shares during the period. 11.38% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Viant Technology news, CFO Larry Madden sold 2,768 shares of the business’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 transaction of $31,084.64. Following the transaction, the chief financial officer now owns 529,848 shares of the company’s stock, valued at $5,950,193.04. The trade was a 0.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have sold 100,166 shares of company stock valued at $1,521,311. 28.80% of the stock is currently owned by corporate insiders.

Viant Technology Stock Down 1.6 %

Shares of Viant Technology stock opened at $18.72 on Friday. The stock has a market cap of $1.18 billion, a P/E ratio of 312.05 and a beta of 0.72. Viant Technology Inc. has a 12-month low of $5.58 and a 12-month high of $19.40. The business’s 50 day moving average is $12.47 and its 200-day moving average is $10.93.

Analyst Ratings Changes

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

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.