The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Viant Technology Inc (NASDAQ: DSP) closed the day trading at $14.67 down -2.59% from the previous closing price of $15.06. In other words, the price has decreased by -$2.59 from its previous closing price. On the day, 0.73 million shares were traded.
Ratios:
For a better understanding of DSP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.79. For the most recent quarter (mrq), Quick Ratio is recorded 2.49 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on December 05, 2024, initiated with a Sector Outperform rating and assigned the stock a target price of $27.
On November 13, 2024, Canaccord Genuity Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $13 to $18.
Needham reiterated its Buy rating for the stock on March 05, 2024, while the target price for the stock was revised from $10 to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 05 ’25 when MADDEN LARRY sold 14,284 shares for $23.12 per share. The transaction valued at 330,235 led to the insider holds 344,340 shares of the business.
MADDEN LARRY sold 14,284 shares of DSP for $267,995 on Jan 02 ’25. The Chief Financial Officer now owns 358,624 shares after completing the transaction at $18.76 per share. On Dec 06 ’24, another insider, VALDES MAX O, who serves as the Director of the company, sold 7,500 shares for $20.51 each. As a result, the insider received 153,829 and left with 63,452 shares of the company.
Valuation Measures:
As of this moment, Viant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 404.13, and their Forward P/E ratio for the next fiscal year is 61.34. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 29.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 17.20.
Stock Price History:
Over the past 52 weeks, DSP has reached a high of $26.33, while it has fallen to a 52-week low of $7.77. The 50-Day Moving Average of the stock is -27.78%, while the 200-Day Moving Average is calculated to be 3.07%.
Shares Statistics:
A total of 16.37M shares are outstanding, with a floating share count of 14.71M. Insiders hold about 76.69% of the company’s shares, while institutions hold 14.41% stake in the company.
