Insider Sell: Max Valdes Sells 7,500 Shares of Viant Technology Inc (DSP)

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Dec 10, 2024
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On December 6, 2024, Max Valdes, a Director at Viant Technology Inc (DSP, Financial), sold 7,500 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 63,452 shares of the company. Viant Technology Inc is a company that provides a cloud-based platform for advertising, enabling marketers to plan, buy, and measure their advertising across channels. The company offers a suite of tools that help advertisers reach their target audiences effectively. 1866302223563255808.png The insider transaction history for Viant Technology Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been seven insider sells over the same timeframe. Over the past year, Max Valdes has sold 7,500 shares in total and purchased zero shares in total. On the day of the recent sell, shares of Viant Technology Inc were trading for $20.51 apiece, giving the stock a market cap of $331.230 million. The company's price-earnings ratio is 282.74, which is higher than the industry median of 27.145 and higher than the company’s historical median price-earnings ratio. 1866302307092819968.png With a price of $20.51 and a GF Value of $5.60, Viant Technology Inc has a price-to-GF-Value ratio of 3.66. This indicates 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.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.