On September 24, 2024, Larry Madden, Chief Financial Officer of Viant Technology Inc (DSP, Financial), sold 6,976 shares of the company. The transaction was reported in an SEC Filing. Following this sale, the insider now owns 535,658 shares of Viant Technology Inc.
Viant Technology Inc operates as a software company in the United States. The company provides advertising software solutions, enabling marketers and their advertising agencies to plan, buy, and measure their advertising across most channels.
Over the past year, Larry Madden has sold a total of 14,124 shares and has not made any purchases of the company's stock. This recent sale is part of a broader trend observed within the company, where there have been 2 insider sells and no insider buys over the past year.
On the day of the sale, shares of Viant Technology Inc were trading at $11.09, giving the company a market cap of $181.836 million.
The stock is currently considered Significantly Overvalued with a price-to-GF Value ratio of 1.99, based on a GF Value of $5.58. The GF Value is calculated considering historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale could be of interest to current and potential investors, as insider transactions can provide valuable insights into a company's financial health and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
