Hillsdale Investment Management Inc. Has $378,000 Stock Holdings in Viant Technology Inc. (NASDAQ:DSP)

Hillsdale Investment Management Inc. trimmed its holdings in shares of Viant Technology Inc. (NASDAQ:DSP) by 18.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,880 shares of the company’s stock after selling 4,620 shares during the period. Hillsdale Investment Management Inc.’s holdings in Viant Technology were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. New York State Teachers Retirement System acquired a new stake in shares of Viant Technology during the 4th quarter valued at $27,000. State Street Corp boosted its position 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 purchasing an additional 1,722 shares during the last quarter. FMR LLC grew its stake in Viant Technology by 77.9% in the third quarter. FMR LLC now owns 7,134 shares of the company’s stock valued at $79,000 after purchasing an additional 3,123 shares in the last quarter. Bank of New York Mellon Corp increased its position in Viant Technology by 11.8% in the 4th quarter. Bank of New York Mellon Corp now owns 36,480 shares of the company’s stock worth $693,000 after purchasing an additional 3,864 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Viant Technology during the 4th quarter worth about $80,000. 11.38% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Viant Technology

In related news, CFO Larry Madden sold 14,284 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $18.76, for a total transaction of $267,967.84. Following the completion of the transaction, the chief financial officer now directly owns 358,624 shares in the company, valued at $6,727,786.24. This represents a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 28.80% of the stock is owned by corporate insiders.

Viant Technology Price Performance

DSP stock opened at $13.13 on Tuesday. The company has a 50-day moving average of $19.01 and a two-hundred day moving average of $16.45. The stock has a market capitalization of $828.16 million, a price-to-earnings ratio of 218.87 and a beta of 1.02. Viant Technology Inc. has a 52-week low of $7.77 and a 52-week high of $26.33.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. JMP Securities boosted their price target 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. Raymond James dropped their price target on shares of Viant Technology from $30.00 to $27.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 4th. Canaccord Genuity Group lifted their price objective on shares of Viant Technology from $18.00 to $22.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Scotiabank initiated coverage on shares of Viant Technology in a research report on Thursday, December 5th. They set a “sector outperform” rating and a $27.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $21.00 price target on shares of Viant Technology in a research report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $22.43.

Viant Technology 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.