JPMorgan Chase & Co. boosted its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 9.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 708,429 shares of the company's stock after buying an additional 63,196 shares during the period. JPMorgan Chase & Co. owned approximately 0.42% of DoubleVerify worth $13,609,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in DV. Smartleaf Asset Management LLC lifted its holdings in shares of DoubleVerify by 168.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock valued at $30,000 after buying an additional 981 shares during the period. GAMMA Investing LLC grew its position in DoubleVerify by 73.6% in the 4th quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock valued at $39,000 after acquiring an additional 863 shares during the last quarter. SG Americas Securities LLC purchased a new position in shares of DoubleVerify during the fourth quarter worth approximately $113,000. KBC Group NV grew its holdings in DoubleVerify by 29.7% during the 4th quarter. KBC Group NV now owns 6,516 shares of the company's stock worth $125,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Pallas Capital Advisors LLC purchased a new position in DoubleVerify in the fourth quarter valued at about $193,000. Institutional investors own 97.29% of the company's stock.
DoubleVerify Stock Performance
Shares of DV stock traded up $0.05 during mid-day trading on Tuesday, reaching $12.22. The company's stock had a trading volume of 1,797,260 shares, compared to its average volume of 2,424,789. The firm's 50-day moving average is $16.49 and its two-hundred day moving average is $18.23. The company has a market cap of $2.03 billion, a P/E ratio of 33.01, a PEG ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 1-year low of $11.52 and a 1-year high of $32.44.
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 shares were 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 owns 85,882 shares in the company, valued at approximately $1,855,910.02. The trade was a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 3.00% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of research analysts recently issued reports on DV shares. Raymond James started coverage on shares of DoubleVerify in a research report on Wednesday, December 18th. They set an "outperform" rating and a $25.00 target price for the company. Needham & Company LLC reaffirmed a "buy" rating and set a $22.00 target price on shares of DoubleVerify in a research note on Tuesday, April 1st. Barclays lowered their price objective on DoubleVerify from $25.00 to $24.00 and set an "overweight" rating on the stock in a research note on Friday, February 28th. Cannonball Research downgraded shares of DoubleVerify to a "neutral" rating in a report on Sunday, March 2nd. Finally, Robert W. Baird restated a "neutral" rating and issued a $14.00 price objective (down from $20.00) on shares of DoubleVerify in a report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $21.78.
View Our Latest Report on DoubleVerify
DoubleVerify 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.
See Also
Before you consider DoubleVerify, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DoubleVerify wasn't on the list.
While DoubleVerify currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
