30,000 Shares in DoubleVerify Holdings, Inc. (NYSE:DV) Bought by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS purchased a new stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 30,000 shares of the company's stock, valued at approximately $576,000.

Several other large investors have also recently made changes to their positions in DV. Geneva Capital Management LLC lifted its position in DoubleVerify by 0.8% during 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 during the last quarter. Geode Capital Management LLC raised its position in shares of DoubleVerify by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company's stock valued at $38,729,000 after buying an additional 10,696 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of DoubleVerify by 4.8% in the 3rd 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. Disciplined Growth Investors Inc. MN purchased a new position in DoubleVerify in the third quarter worth about $19,457,000. Finally, Jacobs Levy Equity Management Inc. grew its position in DoubleVerify by 0.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 1,014,038 shares of the company's stock worth $17,076,000 after acquiring an additional 6,792 shares in the last quarter. 97.29% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the stock in a transaction dated 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 directly owns 85,882 shares of the company's stock, valued at approximately $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 3.00% of the stock is owned by company insiders.

DoubleVerify Stock Down 4.2 %

Shares of NYSE DV traded down $0.53 during midday trading on Monday, reaching $11.92. 2,413,243 shares of the company's stock traded hands, compared to its average volume of 2,399,173. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 32.22, a P/E/G ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a one year low of $10.96 and a one year high of $33.60. The stock's 50 day simple moving average is $17.69 and its 200-day simple moving average is $18.47.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on DV shares. Cannonball Research lowered DoubleVerify to a "neutral" rating in a research note on Sunday, March 2nd. Baird R W downgraded DoubleVerify from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Barclays cut their price objective on shares of DoubleVerify from $25.00 to $24.00 and set an "overweight" rating on the stock in a research report on Friday, February 28th. JMP Securities reissued a "market outperform" rating and issued a $25.00 target price on shares of DoubleVerify in a research note on Monday, January 27th. Finally, Raymond James initiated coverage on shares of DoubleVerify in a research note on Wednesday, December 18th. They set an "outperform" rating and a $25.00 price target for the company. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $22.00.

About DoubleVerify

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.