Jump Financial LLC Sells 163,133 Shares of DoubleVerify Holdings, Inc. (NYSE:DV)

Jump Financial LLC lessened its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 52.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 149,800 shares of the company's stock after selling 163,133 shares during the quarter. Jump Financial LLC owned approximately 0.09% of DoubleVerify worth $2,878,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in DV. Smartleaf Asset Management LLC boosted its stake 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 worth $30,000 after purchasing an additional 981 shares during the last quarter. Quadrant Capital Group LLC grew its stake in DoubleVerify by 171.6% in the 4th quarter. Quadrant Capital Group LLC now owns 2,034 shares of the company's stock worth $39,000 after acquiring an additional 1,285 shares during the period. GAMMA Investing LLC raised its holdings 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. Allianz SE purchased a new position in shares of DoubleVerify during the 4th quarter worth $41,000. Finally, Aster Capital Management DIFC Ltd boosted its holdings in shares of DoubleVerify by 50.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company's stock worth $75,000 after purchasing an additional 1,317 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Stock Up 3.3 %

Shares of NYSE:DV traded up $0.40 during trading on Friday, reaching $12.47. The stock had a trading volume of 2,140,192 shares, compared to its average volume of 2,438,384. The stock has a fifty day simple moving average of $15.72 and a two-hundred day simple moving average of $18.10. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 33.69, a P/E/G ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $31.15.

Analyst Upgrades and Downgrades

DV has been the subject of several analyst reports. Morgan Stanley dropped their target price on DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating for the company in a research note on Thursday. Bank of America upgraded shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a report on Friday, February 28th. Royal Bank of Canada boosted their target price on shares of DoubleVerify from $22.00 to $24.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Robert W. Baird reaffirmed a "neutral" rating and set a $14.00 price target (down previously from $20.00) on shares of DoubleVerify in a research note on Friday, March 28th. Finally, Loop Capital downgraded DoubleVerify from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $24.00 to $16.00 in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $21.38.

Insider Buying and Selling

In other news, CFO Nicola T. Allais sold 2,220 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $21.61, for a total value of $47,974.20. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 3.00% of the company's stock.

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.