DSP CEO Timothy Vanderhook Sells Shares Amid Insider Activity
CEO Timothy Vanderhook and other insiders sold shares of DSP on June 15, 2026.
Key Points
- On June 15, 2026, DSP CEO Timothy Vanderhook sold 9,125 shares at $11.10 each, totaling $101,287.50.
- DSP shares are trading near $11.11 with analysts maintaining a buy rating and targets up to $20.00.
- Institutional investors like Punch & Associates increased holdings, while BlackRock reduced its position.
Timothy Vanderhook, CEO and Chairman of DSP, sold 9,125 shares of the company on June 15, 2026. The shares were sold at an average price of $11.10, amounting to a total transaction value of $101,287.50. This transaction was not part of a pre-arranged trading plan.
Other Institutional Activity in DSP
Punch & Associates Investment Management increased its stake in DSP by 190,248 shares, bringing its total to 1,347,163 shares valued at about $15.09 million. BlackRock, Inc. reduced its holdings by 75,098 shares, now holding 1,104,598 shares worth approximately $12.37 million. Royce & Associates LP added 96,000 shares, reaching a total of 1,008,043 shares valued at $11.29 million. Vanguard Capital Management LLC initiated a position with 671,831 shares valued at $7.52 million. Potomac Capital Management, Inc. also increased its stake by 91,886 shares, totaling 532,636 shares valued at $5.97 million.
DSP Stock Snapshot
Shares of DSP are trading near $11.11. The stock has seen activity from both institutional investors and company insiders. Analysts remain bullish, maintaining buy ratings with targets as high as $20.00. Despite recent insider sales, the stock continues to attract attention from both institutional investors and analysts.
Insider Buying and Selling at Viant Technology Inc.
On June 15, 2026, alongside Timothy Vanderhook, DSP's Chief Financial Officer Larry Madden sold 25,376 shares at $11.10 each. Chief Operating Officer Christopher Vanderhook sold 9,125 shares at the same price. Earlier, on June 9, 2026, Christopher Vanderhook also sold 52,096 shares and purchased 208,384 shares in a separate transaction.
Analysts Set New Price Targets
On May 12, 2026, DA Davidson maintained its buy rating on DSP with a price target of $16.50, while B. Riley Securities reiterated its buy rating with an $18.00 target. Rosenblatt has consistently maintained a buy rating with a $20.00 target, indicating strong analyst confidence in the stock.
Bottom Line
Insider transactions at DSP, including CEO Timothy Vanderhook's recent sale, are part of regular trading activity. Investors track such moves for potential insights, but analysts continue to support DSP with positive ratings and high price targets. It's important to remember that these insider actions are disclosed after the fact and do not necessarily predict future performance.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.