DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) CFO Nicola T. Allais sold 5,292 shares of DoubleVerify stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $30.86, for a total value of $163,311.12. Following the sale, the chief financial officer now owns 73,030 shares of the company's stock, valued at $2,253,705.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
DoubleVerify Trading Down 2.1 %
DV opened at $30.14 on Friday. The stock's 50 day simple moving average is $33.93 and its 200-day simple moving average is $34.15. The stock has a market cap of $5.18 billion, a PE ratio of 73.51, a P/E/G ratio of 3.26 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 1 year low of $26.23 and a 1 year high of $43.00.
DoubleVerify (NYSE:DV - Get Free Report) last announced its quarterly earnings results on Wednesday, February 28th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. The business had revenue of $172.23 million for the quarter, compared to analyst estimates of $171.85 million. DoubleVerify had a return on equity of 7.29% and a net margin of 12.48%. Equities analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.
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A number of research analysts recently weighed in on the company. JMP Securities cut their price objective on DoubleVerify from $45.00 to $40.00 and set a "market outperform" rating on the stock in a research note on Thursday, February 29th. TheStreet raised DoubleVerify from a "d+" rating to a "c-" rating in a research note on Thursday, February 29th. Royal Bank of Canada raised their price objective on DoubleVerify from $40.00 to $49.00 and gave the company an "outperform" rating in a research note on Tuesday, February 27th. JPMorgan Chase & Co. dropped their price target on DoubleVerify from $32.00 to $30.00 and set a "neutral" rating on the stock in a research report on Thursday, February 29th. Finally, Truist Financial dropped their price target on DoubleVerify from $43.00 to $40.00 and set a "buy" rating on the stock in a research report on Thursday, February 29th. One research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $42.50.
Read Our Latest Report on DV
Institutional Trading of DoubleVerify
Several institutional investors have recently bought and sold shares of DV. Congress Asset Management Co. MA boosted its stake in DoubleVerify by 813.2% in the first quarter. Congress Asset Management Co. MA now owns 4,017,499 shares of the company's stock worth $141,255,000 after purchasing an additional 3,577,575 shares in the last quarter. Vanguard Group Inc. boosted its stake in DoubleVerify by 15.0% in the fourth quarter. Vanguard Group Inc. now owns 15,510,989 shares of the company's stock worth $570,494,000 after purchasing an additional 2,017,687 shares in the last quarter. Norges Bank acquired a new position in DoubleVerify in the fourth quarter worth $58,477,000. Brown Capital Management LLC boosted its stake in DoubleVerify by 128.1% in the fourth quarter. Brown Capital Management LLC now owns 2,236,450 shares of the company's stock worth $82,257,000 after purchasing an additional 1,256,195 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in DoubleVerify by 39.4% in the third quarter. Bank of New York Mellon Corp now owns 3,830,983 shares of the company's stock worth $107,076,000 after purchasing an additional 1,082,615 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company's stock.
About DoubleVerify
(
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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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