Nebula Research & Development LLC raised its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 69.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,372 shares of the company's stock after buying an additional 22,747 shares during the period. Nebula Research & Development LLC's holdings in DoubleVerify were worth $1,064,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. grew its holdings in shares of DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company's stock worth $34,264,000 after purchasing an additional 94,095 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in DoubleVerify by 77.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 645,233 shares of the company's stock worth $10,866,000 after acquiring an additional 282,051 shares during the last quarter. GAMMA Investing LLC increased its position in shares of DoubleVerify by 73.6% in the fourth 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. Diversified Trust Co bought a new position in shares of DoubleVerify during the fourth quarter valued at about $504,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of DoubleVerify by 1.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 28,553 shares of the company's stock worth $549,000 after purchasing an additional 526 shares during the period. 97.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at DoubleVerify
In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the business'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 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. The trade was a 2.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.00% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Royal Bank of Canada lifted their price objective on DoubleVerify from $22.00 to $24.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. Stifel Nicolaus cut their price target on shares of DoubleVerify from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday. JMP Securities restated a "market outperform" rating and issued a $25.00 price objective on shares of DoubleVerify in a report on Monday, January 27th. Bank of America raised shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a research note on Friday, February 28th. Finally, Barclays decreased their price target on shares of DoubleVerify from $24.00 to $16.00 and set an "overweight" rating for the company in a research note on Monday, April 21st. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, DoubleVerify currently has a consensus rating of "Hold" and a consensus target price of $20.83.
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DoubleVerify Stock Performance
Shares of NYSE DV opened at $13.27 on Friday. The company has a market cap of $2.16 billion, a PE ratio of 35.86, a P/E/G ratio of 2.63 and a beta of 1.04. The firm's 50 day moving average price is $14.71 and its 200-day moving average price is $17.95. DoubleVerify Holdings, Inc. has a 52-week low of $11.52 and a 52-week high of $31.11.
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.
Further Reading
Want to see what other hedge funds are holding DV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DoubleVerify Holdings, Inc. (NYSE:DV - Free Report).
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