New York State Teachers Retirement System Makes New Investment in Viant Technology Inc. (NASDAQ:DSP)

New York State Teachers Retirement System purchased a new stake in Viant Technology Inc. (NASDAQ:DSP) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,412 shares of the company’s stock, valued at approximately $27,000.

A number of other institutional investors have also made changes to their positions in the business. Segall Bryant & Hamill LLC boosted its holdings in Viant Technology by 0.7% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 447,977 shares of the company’s stock valued at $4,959,000 after purchasing an additional 2,915 shares during the period. Geode Capital Management LLC grew its position in Viant Technology by 1.9% during the third quarter. Geode Capital Management LLC now owns 365,339 shares of the company’s stock worth $4,045,000 after buying an additional 6,803 shares in the last quarter. State Street Corp increased its stake in Viant Technology by 0.6% during the third quarter. State Street Corp now owns 283,365 shares of the company’s stock valued at $3,137,000 after acquiring an additional 1,722 shares during the period. JPMorgan Chase & Co. raised its holdings in Viant Technology by 102.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 96,596 shares of the company’s stock valued at $1,069,000 after acquiring an additional 48,826 shares in the last quarter. Finally, Barclays PLC lifted its position in shares of Viant Technology by 74.7% in the 3rd quarter. Barclays PLC now owns 39,255 shares of the company’s stock worth $435,000 after acquiring an additional 16,784 shares during the period. 11.38% of the stock is currently owned by institutional investors.

Insider Transactions at Viant Technology

In related news, 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 sale, the chief financial officer now owns 358,624 shares in the company, valued at approximately $6,727,786.24. This represents a 3.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Max O. Valdes sold 7,500 shares of the business’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 transaction, the director now owns 63,452 shares of the company’s stock, valued at $1,301,400.52. The trade was a 10.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 50,352 shares of company stock valued at $1,030,720 in the last three months. 28.80% of the stock is owned by corporate insiders.

Viant Technology Stock Down 3.7 %

NASDAQ:DSP opened at $20.24 on Tuesday. The firm has a market cap of $1.27 billion, a PE ratio of 337.39 and a beta of 1.01. The company’s 50-day moving average price is $20.71 and its two-hundred day moving average price is $15.84. Viant Technology Inc. has a 12 month low of $7.77 and a 12 month high of $26.33.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DSP. JMP Securities upped their target price on Viant Technology from $17.00 to $24.00 and gave the company a “market outperform” rating in a research note on Monday, January 27th. Needham & Company LLC increased their price objective on shares of Viant Technology from $18.00 to $21.00 and gave the company a “buy” rating in a research note on Friday, January 17th. Canaccord Genuity Group lifted their target price on shares of Viant Technology from $18.00 to $22.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Craig Hallum upped their target price on shares of Viant Technology from $14.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Finally, Scotiabank started coverage on shares of Viant Technology in a research note on Thursday, December 5th. They set a “sector outperform” rating and a $27.00 price target for the company. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Viant Technology has an average rating of “Buy” and an average price target of $20.29.

Viant Technology Company Profile

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.