Blair William & Co. IL lowered its stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 20.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,675 shares of the company's stock after selling 22,417 shares during the quarter. Blair William & Co. IL owned about 0.05% of DoubleVerify worth $1,684,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC bought a new stake in shares of DoubleVerify in the 3rd quarter worth $29,000. Smartleaf Asset Management LLC grew its holdings in DoubleVerify by 168.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock worth $30,000 after acquiring an additional 981 shares during the period. GAMMA Investing LLC raised its position in DoubleVerify by 73.6% in the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock worth $39,000 after acquiring an additional 863 shares in the last quarter. SG Americas Securities LLC acquired a new stake in DoubleVerify in the 4th quarter valued at about $113,000. Finally, KBC Group NV boosted its position in shares of DoubleVerify by 29.7% during the 4th quarter. KBC Group NV now owns 6,516 shares of the company's stock valued at $125,000 after purchasing an additional 1,494 shares in the last quarter. Institutional investors own 97.29% of the company's stock.
Insider Activity
In related news, CFO Nicola T. Allais sold 2,220 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $21.61, for a total value of $47,974.20. Following the transaction, the chief financial officer now directly owns 85,882 shares of the company's stock, valued at approximately $1,855,910.02. This trade represents a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 3.00% of the stock is owned by insiders.
DoubleVerify Trading Down 1.5 %
NYSE DV traded down $0.20 during trading on Friday, reaching $12.45. The company's stock had a trading volume of 3,155,209 shares, compared to its average volume of 2,399,116. The stock has a market capitalization of $2.07 billion, a PE ratio of 33.64, a PEG ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 1-year low of $12.02 and a 1-year high of $33.60. The business has a 50-day moving average price of $17.86 and a 200-day moving average price of $18.50.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on DV. Raymond James initiated coverage on shares of DoubleVerify in a report on Wednesday, December 18th. They set an "outperform" rating and a $25.00 target price for the company. Bank of America raised DoubleVerify from an "underperform" rating to a "neutral" rating in a research note on Friday, February 28th. Loop Capital lowered DoubleVerify from a "buy" rating to a "hold" rating and cut their target price for the stock from $24.00 to $16.00 in a research report on Tuesday, March 4th. Needham & Company LLC reiterated a "buy" rating and issued a $22.00 price target on shares of DoubleVerify in a research report on Tuesday, April 1st. Finally, Robert W. Baird restated a "neutral" rating and set a $14.00 price objective (down previously from $20.00) on shares of DoubleVerify in a report on Friday, March 28th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $22.00.
Check Out Our Latest Research Report on DoubleVerify
DoubleVerify Company Profile
(
Free Report)
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.
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