Vanguard Group Inc. boosted its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 0.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,481,297 shares of the company's stock after purchasing an additional 143,773 shares during the quarter. Vanguard Group Inc. owned approximately 10.33% of DoubleVerify worth $335,816,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in DV. Smartleaf Asset Management LLC increased its holdings in DoubleVerify by 168.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock valued at $30,000 after acquiring an additional 981 shares during the last quarter. GAMMA Investing LLC increased its position in DoubleVerify by 73.6% in the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock worth $39,000 after purchasing an additional 863 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of DoubleVerify during the 4th quarter valued at about $113,000. KBC Group NV grew its position in DoubleVerify by 29.7% in the fourth quarter. KBC Group NV now owns 6,516 shares of the company's stock worth $125,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. bought a new stake in DoubleVerify during the third quarter worth approximately $132,000. 97.29% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the company. Raymond James initiated coverage on DoubleVerify in a report on Wednesday, December 18th. They set an "outperform" rating and a $25.00 price target on the stock. Bank of America upgraded shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a research report on Friday, February 28th. Baird R W lowered shares of DoubleVerify from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Stifel Nicolaus set a $20.00 price target on shares of DoubleVerify in a report on Friday, February 28th. Finally, Barclays reduced 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. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $22.00.
Get Our Latest Research Report on DoubleVerify
Insider Transactions at DoubleVerify
In other news, CFO Nicola T. Allais sold 2,220 shares of DoubleVerify stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the transaction, the chief financial officer now owns 85,882 shares of the company's stock, valued at $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 is accessible through this link. Corporate insiders own 3.00% of the company's stock.
DoubleVerify Price Performance
NYSE DV traded down $0.07 during trading on Tuesday, reaching $11.88. 1,897,273 shares of the company's stock traded hands, compared to its average volume of 2,401,038. DoubleVerify Holdings, Inc. has a 12-month low of $11.60 and a 12-month high of $33.60. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04. The company's 50 day simple moving average is $17.34 and its two-hundred day simple moving average is $18.38.
About DoubleVerify
(
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.
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