Topline Capital Management LLC Purchases New Position in Viant Technology Inc. $DSP

Topline Capital Management LLC acquired a new position in shares of Viant Technology Inc. (NASDAQ:DSP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 249,084 shares of the company’s stock, valued at approximately $2,150,000. Topline Capital Management LLC owned about 0.40% of Viant Technology as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the company. Squarepoint Ops LLC acquired a new position in shares of Viant Technology in the third quarter valued at approximately $615,000. BNP Paribas Financial Markets increased its stake in shares of Viant Technology by 433.7% during the third quarter. BNP Paribas Financial Markets now owns 7,942 shares of the company’s stock worth $69,000 after purchasing an additional 6,454 shares during the period. Franklin Resources Inc. acquired a new stake in Viant Technology during the 3rd quarter worth approximately $100,000. Dynamic Technology Lab Private Ltd boosted its stake in Viant Technology by 474.3% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 70,533 shares of the company’s stock valued at $609,000 after purchasing an additional 58,251 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Viant Technology in the 3rd quarter valued at $137,000. Institutional investors own 11.38% of the company’s stock.

Viant Technology Trading Down 2.2%

DSP opened at $12.32 on Friday. The company has a market cap of $769.14 million, a P/E ratio of 38.50 and a beta of 1.05. The company’s 50 day moving average is $10.99 and its 200-day moving average is $10.31. Viant Technology Inc. has a 1-year low of $8.11 and a 1-year high of $16.25.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on DSP. DA Davidson reiterated a “buy” rating and set a $15.50 price objective on shares of Viant Technology in a research report on Thursday. B. Riley Financial restated a “buy” rating and issued a $17.00 price target (up from $16.50) on shares of Viant Technology in a research note on Thursday. Freedom Capital raised shares of Viant Technology to a “strong-buy” rating in a research report on Tuesday. Wall Street Zen upgraded shares of Viant Technology from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Loop Capital set a $14.50 price objective on shares of Viant Technology in a report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $18.13.

Insider Activity at Viant Technology

In other news, COO Christopher Vanderhook sold 3,279 shares of the stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $9.17, for a total value of $30,068.43. Following the completion of the transaction, the chief operating officer directly owned 420 shares in the company, valued at approximately $3,851.40. This represents a 88.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Capital V. Llc sold 9,836 shares of the firm’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $9.17, for a total value of $90,196.12. Following the sale, the insider directly owned 1,260 shares in the company, valued at approximately $11,554.20. This trade represents a 88.64% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 155,123 shares of company stock worth $1,729,594. Corporate insiders own 29.40% of the company’s stock.

Viant Technology News Roundup

Here are the key news stories impacting Viant Technology this week:

• Positive Sentiment: Freedom Capital initiated/upgraded coverage to a “strong‑buy,” adding buy-side momentum from a new coverage firm. Freedom Capital upgrade
• Positive Sentiment: Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price target (~62% upside vs current price), a constructive, high target that can support upside expectations. Rosenblatt note
• Positive Sentiment: B. Riley Financial reaffirmed a “buy” and raised its price target to $17.00, signaling confidence in revenue/margin recovery potential. B. Riley note
• Positive Sentiment: DA Davidson kept a “buy” rating with a $15.50 target, another analyst vote of confidence. DA Davidson note
• Neutral Sentiment: Company posted its Q4 2025 earnings presentation and hosted the earnings call; slides and commentary give more context on growth drivers and guidance assumptions. Earnings presentation
• Neutral Sentiment: Full earnings transcripts and highlights are available (useful for parsing management tone on ad demand and client trends). Earnings transcript/highlights
• Negative Sentiment: EPS missed consensus by $0.01 (reported $0.22 vs. est. $0.23), which can trigger short‑term selling even though the miss was small. EPS miss article
• Negative Sentiment: Profitability metrics remain thin: revenue beat ($110.12M vs est. $103.37M) but net margin was only 0.57% and return on equity was negative, highlighting operating/leverage concerns that may limit multiple expansion. Earnings summary/press release

Viant Technology Company Profile

Viant Technology Inc (Nasdaq: DSP) is a software-as-a-service (SaaS) advertising technology company that delivers data-driven solutions to marketers and agencies. Its core offering, Adelphic, is a programmatic demand-side platform (DSP) that empowers clients to plan, execute and optimize digital ad campaigns across desktop, mobile, connected TV and other emerging channels.

Complementing its DSP, Viant offers PeopleCloud, a people-based data management platform (DMP) that aggregates and normalizes first- and third-party audience data.