Goodman Financial Corp Takes Position in DoubleVerify Holdings, Inc. (NYSE:DV)

Goodman Financial Corp bought a new stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 687,107 shares of the company's stock, valued at approximately $13,199,000. DoubleVerify accounts for about 2.8% of Goodman Financial Corp's holdings, making the stock its 20th biggest position. Goodman Financial Corp owned 0.41% of DoubleVerify as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DV. Intech Investment Management LLC raised its holdings in DoubleVerify by 152.3% during the 4th quarter. Intech Investment Management LLC now owns 417,551 shares of the company's stock worth $8,021,000 after buying an additional 252,042 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in DoubleVerify by 10.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 40,312 shares of the company's stock worth $774,000 after purchasing an additional 3,740 shares during the period. AlphaQuest LLC increased its holdings in DoubleVerify by 233.2% during the 4th quarter. AlphaQuest LLC now owns 104,739 shares of the company's stock worth $2,012,000 after purchasing an additional 73,308 shares in the last quarter. Amundi raised its stake in shares of DoubleVerify by 72.3% in the 4th quarter. Amundi now owns 525,922 shares of the company's stock valued at $10,497,000 after purchasing an additional 220,614 shares during the period. Finally, Geneva Capital Management LLC lifted its holdings in shares of DoubleVerify by 0.8% in the fourth quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company's stock valued at $49,450,000 after purchasing an additional 19,684 shares in the last quarter. Institutional investors own 97.29% of the company's stock.

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DoubleVerify Stock Up 0.2 %

Shares of NYSE:DV traded up $0.03 during trading on Tuesday, reaching $14.32. 2,689,230 shares of the company traded hands, compared to its average volume of 2,281,976. The firm has a market capitalization of $2.38 billion, a PE ratio of 38.70, a PEG ratio of 2.63 and a beta of 1.06. DoubleVerify Holdings, Inc. has a 52 week low of $13.42 and a 52 week high of $35.57. The company's 50 day moving average is $18.97 and its two-hundred day moving average is $18.77.

Insider Buying and Selling

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the company's stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $21.61, for a total transaction of $47,974.20. Following the completion of the sale, the chief financial officer now directly owns 85,882 shares in the company, valued at $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Stifel Nicolaus set a $20.00 price objective on shares of DoubleVerify in a report on Friday, February 28th. JMP Securities reissued a "market outperform" rating and set a $25.00 price target on shares of DoubleVerify in a research report on Monday, January 27th. Bank of America upgraded DoubleVerify from an "underperform" rating to a "neutral" rating in a report on Friday, February 28th. Morgan Stanley dropped their target price on DoubleVerify from $21.00 to $19.00 and set an "equal weight" rating on the stock in a report on Monday, January 13th. Finally, Raymond James started coverage on DoubleVerify in a research report on Wednesday, December 18th. They set an "outperform" rating and a $25.00 price target on the stock. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $23.00.

DoubleVerify Profile

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.