Viant Technology (DSP) to Release Quarterly Earnings on Monday

Viant Technology (NASDAQ:DSP) is anticipated to release its earnings data after the market closes on Monday, March 3rd. Analysts expect Viant Technology to post earnings of $0.23 per share and revenue of $83.97 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Viant Technology Price Performance

Shares of NASDAQ DSP opened at $21.01 on Monday. The stock has a market capitalization of $1.32 billion, a PE ratio of 350.23 and a beta of 1.01. The business has a fifty day moving average price of $20.72 and a two-hundred day moving average price of $15.76. Viant Technology has a fifty-two week low of $7.77 and a fifty-two week high of $26.33.

Insiders Place Their Bets

In other Viant Technology news, Director Max O. Valdes sold 7,500 shares of the company’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $20.51, for a total value of $153,825.00. Following the completion of the transaction, the director now owns 63,452 shares of the company’s stock, valued at $1,301,400.52. This represents a 10.57 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Larry Madden sold 14,284 shares of the company’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $18.76, for a total value of $267,967.84. Following the completion of the transaction, the chief financial officer now directly owns 358,624 shares of the company’s stock, valued at approximately $6,727,786.24. The trade was a 3.83 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 50,352 shares of company stock valued at $1,030,720 in the last 90 days. Corporate insiders own 28.80% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on DSP. Scotiabank began coverage on Viant Technology in a report on Thursday, December 5th. They issued a “sector outperform” rating and a $27.00 price objective for the company. Craig Hallum boosted their price target on Viant Technology from $14.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. JMP Securities boosted their price target on Viant Technology from $17.00 to $24.00 and gave the stock a “market outperform” rating in a report on Monday, January 27th. Canaccord Genuity Group raised Viant Technology from a “hold” rating to a “buy” rating and boosted their price target for the stock from $13.00 to $18.00 in a report on Wednesday, November 13th. Finally, Needham & Company LLC boosted their price target on Viant Technology from $18.00 to $21.00 and gave the stock a “buy” rating in a report on Friday, January 17th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $20.29.

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.