BlackRock Amends Viant Tech Stake, Maintains Passive Investment

Ticker: DSP · Form: SC 13G/A · Filed: 2024-01-26T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, passive-investment

TL;DR

**BlackRock still owns Viant stock, but they're just holding, not shaking things up.**

AI Summary

BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of Viant Technology Inc.'s Class A Common Stock as of December 31, 2023. This filing updates previous disclosures, showing BlackRock's continued significant, but passive, investment in Viant. For investors, this means a major institutional player like BlackRock still sees value in Viant, which can be a positive signal, but it doesn't suggest any active involvement in the company's management or strategy.

Why It Matters

This filing confirms BlackRock's ongoing, substantial, yet passive, ownership in Viant Technology Inc., signaling institutional confidence without implying any strategic changes.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or changes to the company's operations.

Analyst Insight

An investor should view this as a routine disclosure of an institutional holding. While BlackRock's presence can be a positive signal of confidence, it doesn't suggest any imminent strategic moves or changes in Viant's direction. Further research into Viant's fundamentals and performance would be more impactful than this filing alone.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G, filed under the Securities Exchange Act of 1934.

Who is the 'reporting person' in this filing?

The reporting person is BlackRock, Inc., a major institutional investment manager.

Which company's stock is the subject of this filing?

The subject company is Viant Technology Inc., specifically its Class A Common Stock.

What was the 'Date of Event Which Requires Filing of this Statement'?

The date of the event which requires filing of this statement was December 31, 2023.

Under which rule was this Schedule 13G/A filed?

This Schedule 13G/A was filed under Rule 13d-1(b), which typically applies to institutional investors who acquire beneficial ownership of more than 5% of a class of a company's equity securities in the ordinary course of business and without the purpose or effect of changing or influencing control of the issuer.

From the Filing

EDGAR Filing Documents for 0001086364-24-004852 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-004852 Filing Date 2024-01-26 Accepted 2024-01-26 17:25:22 Documents 1 Document Format Files Seq Description Document Type Size 1 us92557a1016_012624.txt SC 13G/A 11498 Complete submission text file 0001086364-24-004852.txt 13344 Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance) Mailing Address 2722 MICHELSON DRIVE SUITE 100 IRVINE CA 92612 Business Address 2722 MICHELSON DRIVE SUITE 100 IRVINE CA 92612 949-861-8888 Viant Technology Inc. (Subject) CIK : 0001828791 (see all company filings) EIN. : 853447553 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-92329 | Film No.: 24569170 SIC : 7370 Services-Computer Programming, Data Processing, Etc. (CF Office: 06 Technology)

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