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Viant technology CFO Madden sells $126k in stock

Published 17/09/2025, 23:42
Viant technology CFO Madden sells $126k in stock
DSP
3.70%

Larry Madden, Chief Financial Officer of Viant Technology Inc (NASDAQ:DSP), sold 13,006 shares of Class A Common Stock on September 15, 2025, for $9.7274 per share. The total value of the sale was $126,514. The transaction occurred with the stock trading near its 52-week low of $9.07, according to InvestingPro data, which also indicates the company maintains a strong financial health score.

Following the transaction, Madden directly owns 423,255 shares of Viant Technology Inc. The sale was initiated by Viant Technology Inc. to cover withholding tax related to the vesting and settlement of restricted stock units on behalf of Mr. Madden.

In other recent news, Viant Technology Inc. reported impressive second-quarter earnings for 2025, with an 800% earnings per share (EPS) surprise that significantly exceeded analyst expectations. The company’s revenue also surpassed forecasts, contributing to a positive reaction in after-hours trading. However, despite these strong results, Viant Technology’s stock experienced a decline during regular trading hours. JMP Securities responded by lowering its price target for Viant Technology to $18.00 from $24.00, maintaining a Market Outperform rating. This adjustment followed Viant’s Q2 results, which showed contribution ex-TAC near the midpoint of guidance and EBITDA at the high-end. Raymond James also adjusted its price target, lowering it to $19.00 from $20.00 while maintaining a Strong Buy rating. The firm noted that Viant’s Q2 performance was solid but highlighted a third-quarter guidance shortfall due to a key client’s agency loss. Additionally, DA Davidson initiated coverage on Viant Technology with a Buy rating and a price target of $15.00.

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