Capital V LLC, a substantial 10% owner of Viant Technology Inc. (NASDAQ:DSP), has executed a series of sales involving 37,500 shares of the company's Class A Common Stock. The total value of these transactions amounts to approximately $416,131. The sales were carried out over a three-day window from June 16 to June 18, 2026. The weighted average price per share across these transactions ranged between $10.9646 and $11.1714. These dispositions were facilitated through a pre-arranged 10b5-1 trading plan. The initial framework for this plan was established on March 18, 2025, and was subsequently amended on September 17, 2025. Following the completion of these sales, Capital V LLC holds no Class A Common Stock derived from these specific transactions.
The transaction timeline reveals specific pricing details for each day of activity. On June 16, Capital V LLC sold 15,000 shares at a weighted average price of $11.1714, with individual transaction prices varying between $10.77 and $11.43. The following day, June 17, saw the sale of another 15,000 shares. These were sold at a weighted average price of $11.0884, with individual prices ranging from $10.91 to $11.50. The final leg of this selling activity occurred on June 18, comprising 7,500 shares. These were sold at a weighted average price of $10.9646, with individual transaction prices falling between $10.665 and $11.23.
Prior to these sales, on June 16, Capital V LLC acquired 37,500 shares of Class A Common Stock. This acquisition was not a market purchase but rather the result of exchanging an equal number of Class B Units of Viant Technology LLC. These Class B Units are structured to be exchangeable on a one-for-one basis into Viant Technology's Class A Common Stock. Concurrent with this exchange, 37,500 shares of Class B Common Stock were cancelled for no consideration. As a result of these structural transactions, Capital V LLC directly owns 27,246,826 shares of Class B Common Stock.
Viant Technology Inc. currently trades at $11.24, reflecting a market capitalization of $719 million. According to analysis from InvestingPro, DSP appears undervalued based on its Fair Value assessment. This places the stock among the opportunities listed on the platform's most undervalued stocks list. The company's balance sheet shows it holds more cash than debt, maintaining a financial health score of 3.13, which is categorized as "GREAT".
These insider movements coincide with Viant Technology's recent financial reporting for the first quarter of 2026. The company reported a mixed performance for the period. Earnings per share (EPS) came in at -$0.03, which fell short of the anticipated -$0.02. This resulted in a 50% negative surprise regarding earnings. However, revenue performance was significantly stronger, reaching $88.54 million. This figure exceeded the expected revenue of $50.13 million, marking a remarkable 76.62% revenue surprise. Despite the strong revenue figures, the earnings miss appeared to raise some concerns among investors.
The current stock price of $11.24 reflects a recent movement of +$0.27, or +2.46%, closing at that level. After hours trading data indicates a price of 11.24 with a change of 0.00 (0.00%). The stock's performance over various timeframes is tracked, including 1D, 1W, 1M, 6M, 1Y, 5Y, and Max periods.