Insider Trading January 22, 2026

Capital V LLC Disposes $459K in Viant Technology Shares Amid Strong Quarterly Results

Significant insider sale executed over three days following Viant's better-than-expected Q3 earnings and strategic partnership announcement

By Caleb Monroe DSP
Capital V LLC Disposes $459K in Viant Technology Shares Amid Strong Quarterly Results
DSP

Capital V LLC, holding a 10% stake in Viant Technology Inc., sold 37,500 shares of Class A Common Stock totaling approximately $459,389 between January 20 and January 22, 2026. Viant Technology recently reported robust third-quarter earnings surpassing analyst estimates and unveiled a programmatic advertising partnership with iHeartMedia. Analyst firms DA Davidson and Citizens responded by increasing price targets for Viant, signaling positive investor sentiment in the digital advertising sector.

Key Points

  • Capital V LLC, a 10% shareholder of Viant Technology, sold 37,500 shares of Class A Common Stock across three days, netting about $459,389.
  • Viant Technology's Q3 2025 results exceeded expectations, delivering EPS of $0.06 versus $0.05 forecast and revenue of $85.58 million compared to $52.07 million anticipated.
  • Viant forged a strategic partnership with iHeartMedia to expand programmatic advertising capabilities across multiple audio platforms, enhancing advertiser reach.
  • Analysts from DA Davidson and Citizens raised their price targets following Viant’s strong earnings and partnership news, reflecting positive market sentiment towards the digital advertising sector.
Capital V LLC, which maintains a ten percent ownership interest in Viant Technology Inc. (NASDAQ:DSP), has completed the sale of 37,500 shares of the company’s Class A Common Stock. The transaction, disclosed in a Form 4 filing with the Securities and Exchange Commission, generated proceeds near $459,389.

The share sales were spread across three separate sessions during the period from January 20 through January 22, 2026. On January 20, the entity sold 15,000 shares at a weighted average price of $11.9403, with prices ranging between $11.615 and $12.37. The following day, January 21, 14,778 shares changed hands at a weighted average of $12.2405, with the price varying from $11.95 to $12.55. The concluding sale on January 22 involved 7,722 shares at a weighted average price of $12.8716, with a price range from $12.575 to $13.195.

The same filing notes that on January 20, a simultaneous exchange occurred whereby 37,500 Class B Units were converted into Class A Common Stock.

In parallel developments, Viant Technology unveiled its third-quarter financial results for 2025, exceeding Wall Street consensus expectations. The company reported earnings per share (EPS) of $0.06, surpassing the anticipated $0.05, alongside revenue totaling $85.58 million, notably higher than the forecasted $52.07 million.

Furthermore, Viant announced a strategic partnership with iHeartMedia aimed at augmenting its programmatic advertising reach within the realms of podcasts, streaming services, and broadcast radio. This alliance is designed to enable advertisers to deploy addressable campaigns across iHeartMedia's extensive audio platform, broadening market opportunities.

Following these announcements, notable analyst firms have revised their outlooks for Viant. DA Davidson elevated the price target to $15.50 while affirming a Buy rating. Similarly, Citizens raised its price objective to $16.00, maintaining a Market Outperform stance. These moves signal a boost in investor confidence around Viant Technology's growth prospects within digital advertising.

Risks

  • Despite stronger earnings and partnerships, volatility in Viant's stock price could arise from market reactions to insider selling by Capital V LLC, indicating potential uncertainty.
  • Integration challenges or slower-than-expected adoption of programmatic advertising through iHeartMedia could impact Viant’s growth trajectory in the digital audio advertising space.
  • The company's revenue and earnings surprises, while positive for now, must be sustained amid competitive pressures in digital advertising to maintain optimistic analyst ratings.

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