DoubleVerify Holdings, Inc. (NYSE:DV) Shares Purchased by Amundi

Amundi lifted its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 72.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 525,922 shares of the company's stock after purchasing an additional 220,614 shares during the period. Amundi owned about 0.31% of DoubleVerify worth $10,497,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Geneva Capital Management LLC lifted its position in shares of DoubleVerify by 0.8% during the 4th quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company's stock worth $49,450,000 after purchasing an additional 19,684 shares during the last quarter. Geode Capital Management LLC lifted its position in DoubleVerify by 0.5% in the third quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company's stock valued at $38,729,000 after acquiring an additional 10,696 shares during the last quarter. Principal Financial Group Inc. lifted its position in DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company's stock valued at $34,264,000 after acquiring an additional 94,095 shares during the last quarter. Brown Capital Management LLC lifted its position in DoubleVerify by 0.5% in the third quarter. Brown Capital Management LLC now owns 1,762,674 shares of the company's stock valued at $29,683,000 after acquiring an additional 7,975 shares during the last quarter. Finally, Disciplined Growth Investors Inc. MN purchased a new stake in DoubleVerify in the third quarter valued at $19,457,000. 97.29% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DV. The Goldman Sachs Group reissued a "neutral" rating and issued a $20.00 price target (down from $24.00) on shares of DoubleVerify in a research report on Friday, February 28th. Scotiabank assumed coverage on shares of DoubleVerify in a research note on Thursday, December 5th. They issued a "sector outperform" rating and a $24.00 price objective on the stock. Raymond James assumed coverage on shares of DoubleVerify in a research note on Wednesday, December 18th. They issued an "outperform" rating and a $25.00 price objective on the stock. Bank of America upgraded shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a research note on Friday, February 28th. Finally, Cannonball Research lowered shares of DoubleVerify to a "neutral" rating in a research note on Sunday, March 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, DoubleVerify has an average rating of "Moderate Buy" and an average target price of $23.00.

Insider Buying and Selling at DoubleVerify

In other news, CFO Nicola T. Allais sold 2,071 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $20.51, for a total value of $42,476.21. Following the sale, the chief financial officer now directly owns 85,882 shares in the company, valued at $1,761,439.82. This represents a 2.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.00% of the stock is currently owned by corporate insiders.

DoubleVerify Price Performance

DoubleVerify stock traded down $0.05 during mid-day trading on Tuesday, reaching $14.50. The company had a trading volume of 2,615,339 shares, compared to its average volume of 2,273,241. DoubleVerify Holdings, Inc. has a 1 year low of $13.42 and a 1 year high of $35.57. The company has a market capitalization of $2.41 billion, a P/E ratio of 39.18, a P/E/G ratio of 2.63 and a beta of 1.06. The stock's 50-day simple moving average is $19.48 and its 200-day simple moving average is $18.94.

DoubleVerify Company 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.