On October 11, 2024, Larry Madden, the Chief Financial Officer of Viant Technology Inc (DSP, Financial), executed a sale of 5,810 shares of the company. The transaction was filed with the SEC and can be viewed in detail through the SEC Filing. Following this sale, the insider now owns 529,848 shares of Viant Technology Inc.
Viant Technology Inc operates as a leading provider of advertising software. The company's platform enables marketers to plan, buy, and measure their advertising across most channels, including connected TV, linear TV, desktop, and mobile.
Over the past year, Larry Madden has sold a total of 19,934 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been three insider sells and no insider buys over the last year.
On the date of the recent transaction, shares of Viant Technology Inc were trading at $11.19, giving the company a market cap of $182.977 million.
According to the GF Value, the intrinsic value estimate for Viant Technology Inc is $5.55 per share, which suggests that the stock is significantly overvalued with a price-to-GF-Value ratio of 2.02.
The valuation metrics for Viant Technology Inc include various historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. These factors, along with adjustments based on the company’s past performance and future business estimates from analysts, contribute to the GF Value calculation.
This insider sale might be of interest to current and potential investors, as it provides insight into the actions of key executives within Viant Technology Inc and could reflect their perspective on the company's current valuation 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.
