Wed Sep 25 04:12:43 UTC 2024: ## Viant Technology CFO Sells Shares Amidst Positive Analyst Sentiment

**New York, NY -** Viant Technology Inc. (NASDAQ: DSP) CFO Larry Madden sold 3,084 shares of the company’s stock on September 23rd, according to a recent SEC filing. The sale, which amounted to $34,078.20, leaves Madden with 538,434 shares directly owned, valued at $5,949,695.70.

Despite the CFO’s sale, Viant Technology continues to see positive activity from institutional investors and analysts. Several institutional investors have recently bought new positions in the company’s stock, including Allspring Global Investments, Ashton Thomas Private Wealth, Summit Global Investments, Mackenzie Financial Corp, and Algert Global LLC.

Analyst sentiment remains optimistic as well. Canaccord Genuity Group reaffirmed a “hold” rating with a $11.00 target price, while Needham & Company LLC reissued a “buy” rating with a $12.00 price objective. Overall, analysts have a “Moderate Buy” consensus rating with an average target price of $11.80.

Viant Technology, an advertising technology company, specializes in providing innovative solutions like Household ID, AI Bid Optimizer, and Viant Data Platform. These platforms aim to provide marketers with control over their data and insights into their marketing initiatives.

While the CFO’s recent sale may raise some eyebrows, the overall picture for Viant Technology appears positive, driven by strong institutional investment and positive analyst sentiment.

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