Natixis Invests $4.23 Million in DoubleVerify Holdings, Inc. (NYSE:DV)

Natixis purchased a new stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 220,418 shares of the company's stock, valued at approximately $4,234,000. Natixis owned approximately 0.13% of DoubleVerify at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DV. Smartleaf Asset Management LLC boosted its stake in 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 purchasing an additional 981 shares during the period. GAMMA Investing LLC increased 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 period. Quadrant Capital Group LLC boosted its position in DoubleVerify by 171.6% during 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. Allianz SE bought a new stake in shares of DoubleVerify during the fourth quarter valued at about $41,000. Finally, Aster Capital Management DIFC Ltd increased its stake in DoubleVerify by 50.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company's stock valued at $75,000 after buying an additional 1,317 shares during the period. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Stock Performance

Shares of NYSE DV traded up $0.10 during mid-day trading on Friday, reaching $13.27. 1,267,372 shares of the company traded hands, compared to its average volume of 2,433,994. The company's fifty day moving average is $14.91 and its two-hundred day moving average is $17.97. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.52 and a fifty-two week high of $31.11. The stock has a market cap of $2.16 billion, a PE ratio of 35.86, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Barclays decreased their target price on DoubleVerify from $24.00 to $16.00 and set an "overweight" rating for the company in a research note on Monday. The Goldman Sachs Group reduced their target price on shares of DoubleVerify from $20.00 to $15.50 and set a "neutral" rating for the company in a report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and set a $18.00 price objective on shares of DoubleVerify in a report on Wednesday, April 16th. Canaccord Genuity Group reduced their target price on DoubleVerify from $26.00 to $24.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Finally, Morgan Stanley decreased their target price on DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. 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. According to data from MarketBeat, DoubleVerify presently has a consensus rating of "Hold" and a consensus target price of $20.83.

Insider Buying and Selling at DoubleVerify

In other news, CFO Nicola T. Allais sold 2,220 shares of the company's 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 transaction, the chief financial officer now 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate 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.