KD Logo

The Attractiveness of Investing In Viant Technology Inc (DSP) is Growing

Viant Technology Inc’s recently made public that its Director VALDES MAX O unloaded Company’s shares for reported $0.15 million on Dec 06 ’24. In the deal valued at $20.51 per share,7,500 shares were sold. As a result of this transaction, VALDES MAX O now holds 63,452 shares worth roughly $1.27 million.

Then, VALDES MAX O bought 7,500 shares, generating $153,828 in total proceeds.

Before that, MADDEN LARRY sold 14,284 shares. Viant Technology Inc shares valued at $278,695 were divested by the Chief Financial Officer at a price of $19.51 per share. As a result of the transaction, MADDEN LARRY now holds 378,350 shares, worth roughly $7.6 million.

Scotiabank initiated its Viant Technology Inc [DSP] rating to a Sector outperform in a research note published on December 05, 2024; the price target was $27. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who increased its forecast for the stock in mid November from “a Hold” to “a Buy”. Needham also remained covering DSP and reiterated its “Buy” recommendation on March 05, 2024. Craig Hallum started covering the stock on October 18, 2022. It rated DSP as “a Buy”.

Price Performance Review of DSP

On Tuesday, Viant Technology Inc [NASDAQ:DSP] saw its stock jump 4.36% to $20.09. Over the last five days, the stock has lost -3.96%. Viant Technology Inc shares have risen nearly 188.68% since the year began. Nevertheless, the stocks have risen 172.84% over the past one year. While a 52-week high of $21.74 was reached on 12/10/24, a 52-week low of $6.31 was recorded on 01/02/24. SMA at 50 days reached $16.23, while 200 days put it at $11.63.

Levels Of Support And Resistance For DSP Stock

The 24-hour chart illustrates a support level at 19.49, which if violated will result in even more drops to 18.90. On the upside, there is a resistance level at 20.44. A further resistance level may holdings at 20.80. The Relative Strength Index (RSI) on the 14-day chart is 58.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.66%. Stochastics %K at 22.18% indicates the stock is a holding.

How much short interest is there in Viant Technology Inc?

A steep rise in short interest was recorded in Viant Technology Inc stocks on 2024-11-29, dropping by 57743.0 shares to a total of 0.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.49 million shares. There was a decline of -13.29%, which implies that there is a negative sentiment for the stock.

Most Popular