78,558 Shares in DoubleVerify Holdings, Inc. (NYSE:DV) Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. bought a new position in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm bought 78,558 shares of the company's stock, valued at approximately $1,323,000.

Other large investors also recently modified their holdings of the company. CWM LLC increased its holdings in DoubleVerify by 212.5% during the 2nd quarter. CWM LLC now owns 2,794 shares of the company's stock worth $54,000 after purchasing an additional 1,900 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of DoubleVerify by 72.3% during the second quarter. Fifth Third Bancorp now owns 4,151 shares of the company's stock valued at $81,000 after purchasing an additional 1,742 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in DoubleVerify by 37.6% during the second quarter. Parkside Financial Bank & Trust now owns 6,604 shares of the company's stock worth $129,000 after purchasing an additional 1,806 shares during the last quarter. Sheaff Brock Investment Advisors LLC bought a new stake in DoubleVerify in the 1st quarter worth about $250,000. Finally, Nicolet Advisory Services LLC purchased a new stake in DoubleVerify in the 1st quarter valued at about $258,000. 97.29% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DV has been the topic of a number of recent analyst reports. Piper Sandler dropped their price target on DoubleVerify from $30.00 to $21.00 and set an "overweight" rating on the stock in a report on Wednesday, October 23rd. Truist Financial reduced their price objective on DoubleVerify from $26.00 to $23.00 and set a "buy" rating for the company in a report on Thursday. The Goldman Sachs Group lowered their target price on DoubleVerify from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Monday, October 14th. JMP Securities cut their price target on DoubleVerify from $33.00 to $25.00 and set a "market outperform" rating for the company in a research note on Thursday. Finally, BMO Capital Markets decreased their price objective on DoubleVerify from $38.00 to $28.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, DoubleVerify has a consensus rating of "Moderate Buy" and a consensus target price of $24.47.

DoubleVerify Trading Down 2.0 %

Shares of NYSE DV traded down $0.39 during midday trading on Friday, hitting $19.33. 5,072,401 shares of the company's stock were exchanged, compared to its average volume of 2,184,992. The business's fifty day moving average price is $17.53 and its two-hundred day moving average price is $19.36. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 52.24, a PEG ratio of 2.73 and a beta of 0.90. DoubleVerify Holdings, Inc. has a 12-month low of $16.11 and a 12-month high of $43.00.

DoubleVerify announced that its board has authorized a share buyback program on Wednesday, November 6th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the company to buy up to 6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling at DoubleVerify

In related news, CFO Nicola T. Allais sold 1,764 shares of the company's stock in a transaction on Friday, September 27th. The shares were sold at an average price of $17.28, for a total value of $30,481.92. Following the completion of the transaction, the chief financial officer now directly owns 81,598 shares in the company, valued at approximately $1,410,013.44. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 7,056 shares of company stock worth $119,634 over the last three months. 3.00% of the stock is owned by insiders.

DoubleVerify Company 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.