Viant Technology (DSP)

• Market cap: $194M
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.

Employees: 346

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

83% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 12

32% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 22

14% more funds holding

Funds holding: 73 [Q1] → 83 (+10) [Q2]

1.08% more ownership

Funds ownership: 43.94% [Q1] → 45.03% (+1.08%) [Q2]

1% less capital invested

Capital invested by funds: $74M [Q1] → $73.3M (-$753K) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 8% downside
• Avg. target: $11.50 3% downside
• High target: $12 1% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Canaccord Genuity Maria Ripps 78% 1-year accuracy 14 / 18 met price target	8% downside $11	Hold Maintained	13 Aug 2024
Needham Laura Martin 60% 1-year accuracy 71 / 119 met price target	1% upside $12	Buy Reiterated	13 Aug 2024