On December 4, 2024, Larry Madden, the Chief Financial Officer of Viant Technology Inc (DSP, Financial), executed a sale of 14,284 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now holds 378,350 shares of the company.
Viant Technology Inc is a leading advertising software company that provides a cloud-based platform enabling marketers to plan, buy, and measure their advertising across channels. The company's platform leverages data and technology to deliver targeted advertising solutions.
The insider transaction history for Viant Technology Inc indicates that there have been no insider purchases over the past year, while there have been six insider sales during the same period. Over the past year, Larry Madden has sold a total of 171,432 shares and has not made any purchases.
On the day of the recent sale, shares of Viant Technology Inc were trading at $19.51, giving the stock a market cap of $327.220 million. The company's price-earnings ratio stands at 275.48, which is higher than the industry median of 27.03 and also higher than the company's historical median price-earnings ratio.
With a trading price of $19.51 and a GF Value of $5.64, Viant Technology Inc has a price-to-GF-Value ratio of 3.46, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
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.
