DSP CFO Larry Madden Sells Shares Amidst Active Insider Trading
Larry Madden, CFO of DSP, sold over 25,000 shares in a recent transaction.
Key Points
- Larry Madden, CFO of DSP, sold 25,376 shares on June 15, 2026, totaling $281,673 at an average price of $11.10.
- DSP's stock was trading around $11.11 with active insider trading from other executives, including the CEO and COO.
- Analysts like DA Davidson and B. Riley Securities maintain a 'buy' rating with price targets ranging from $14.5 to $20.
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On June 15, 2026, Larry Madden, the Chief Financial Officer of DSP, sold 25,376 shares of the company. The shares were sold at an average price of $11.10, bringing the total transaction value to approximately $281,673. This move was not planned under a pre-arranged trading plan.
Other Institutional Activity in DSP
Institutional investors have also been active in DSP. Punch & Associates Investment Management, Inc. increased its holdings by 190,248 shares, ending with 1,347,163 shares valued at about $15.09 million. BlackRock, Inc. reduced its position by 75,098 shares, holding 1,104,598 shares worth approximately $12.37 million. Royce & Associates LP added 96,000 shares, bringing its total to 1,008,043 shares valued at $11.29 million. Vanguard Capital Management LLC initiated a new position with 671,831 shares valued at $7.52 million, while Potomac Capital Management, Inc. grew its stake by 91,886 shares to 532,636 shares, valued at $5.97 million. Renaissance Technologies LLC, however, trimmed its holdings by 52,000 shares, now holding 441,800 shares worth $4.95 million.
Viant Technology Inc. Stock Down 16.0%
DSP's shares recently traded near $11.11. The company has been experiencing various insider trading activities, reflecting investor interest and market dynamics. While specific financial ratios and market cap details are not provided, the stock's recent movements suggest active trading and interest from institutional investors.
$DSP stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Viant Technology Inc.
Alongside Larry Madden's sale, other key executives at DSP have also been active. On the same day, CEO and Chairman Timothy Vanderhook sold 9,125 shares, and COO Christopher Vanderhook sold a total of 61,221 shares in two separate transactions on June 9 and June 15. Max Valdes also sold 3,386 shares on June 9 at a price of $11.97.
Analysts Set New Price Targets
Analysts have been optimistic about DSP's prospects. On May 12, 2026, DA Davidson and B. Riley Securities both maintained a 'buy' rating, with price targets of $16.5 and $18.0, respectively. Earlier, on April 16, DA Davidson and Rosenblatt also maintained 'buy' ratings with price targets of $16.0 and $20.0. Overall, the consensus among analysts remains positive, with a focus on growth potential.
Bottom Line
Larry Madden's recent sale of DSP shares is part of a broader trend of insider trading activity at the company. Investors often monitor such transactions to gauge executive sentiment and potential market movements. While insider sales can reflect various personal reasons, they are a piece of the puzzle in understanding the company's current standing. Analyst ratings continue to signal confidence in DSP's future, with multiple 'buy' ratings and ambitious price targets.
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