DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) insider Julie Eddleman sold 900 shares of the company's stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $31.00, for a total value of $27,900.00. Following the completion of the transaction, the insider now directly owns 145,944 shares of the company's stock, valued at approximately $4,524,264. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Julie Eddleman also recently made the following trade(s):
- On Tuesday, April 16th, Julie Eddleman sold 900 shares of DoubleVerify stock. The shares were sold at an average price of $30.85, for a total transaction of $27,765.00.
- On Tuesday, April 2nd, Julie Eddleman sold 900 shares of DoubleVerify stock. The shares were sold at an average price of $33.05, for a total value of $29,745.00.
- On Tuesday, March 5th, Julie Eddleman sold 900 shares of DoubleVerify stock. The shares were sold at an average price of $30.30, for a total transaction of $27,270.00.
DoubleVerify Stock Down 0.2 %
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DV stock traded down $0.03 during trading on Friday, reaching $18.80. The company's stock had a trading volume of 1,646,722 shares, compared to its average volume of 2,097,742. The company's fifty day moving average is $31.41 and its 200-day moving average is $34.14. The company has a market capitalization of $3.23 billion, a P/E ratio of 45.95, a price-to-earnings-growth ratio of 3.24 and a beta of 1.11. DoubleVerify Holdings, Inc. has a 1 year low of $17.74 and a 1 year high of $43.00.
DoubleVerify (NYSE:DV - Get Free Report) last announced its earnings results on Tuesday, May 7th. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The firm had revenue of $140.70 million during the quarter, compared to analysts' expectations of $138.25 million. DoubleVerify had a return on equity of 7.29% and a net margin of 12.48%. The company's quarterly revenue was up 14.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 EPS. Analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.
Institutional Trading of DoubleVerify
Hedge funds and other institutional investors have recently made changes to their positions in the business. Nicolet Advisory Services LLC acquired a new stake in shares of DoubleVerify in the first quarter worth $258,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of DoubleVerify by 16,577.5% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 31,187 shares of the company's stock worth $1,097,000 after acquiring an additional 31,000 shares during the period. Motley Fool Asset Management LLC boosted its stake in shares of DoubleVerify by 351.8% during the 1st quarter. Motley Fool Asset Management LLC now owns 118,226 shares of the company's stock worth $4,157,000 after acquiring an additional 92,061 shares in the last quarter. Motley Fool Wealth Management LLC acquired a new stake in shares of DoubleVerify during the 1st quarter valued at about $5,794,000. Finally, US Bancorp DE increased its stake in shares of DoubleVerify by 186.8% in the 1st quarter. US Bancorp DE now owns 93,381 shares of the company's stock valued at $3,283,000 after purchasing an additional 60,824 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on DV. JMP Securities dropped their price target on DoubleVerify from $40.00 to $34.00 and set a "market outperform" rating for the company in a research report on Wednesday. Piper Sandler decreased their price objective on shares of DoubleVerify from $40.00 to $30.00 and set an "overweight" rating for the company in a report on Wednesday. Robert W. Baird cut their target price on shares of DoubleVerify from $42.00 to $34.00 and set an "outperform" rating for the company in a research report on Wednesday. Stifel Nicolaus dropped their target price on shares of DoubleVerify from $37.00 to $25.00 and set a "buy" rating on the stock in a research report on Wednesday. Finally, BMO Capital Markets decreased their price target on DoubleVerify from $42.00 to $38.00 and set an "outperform" rating on the stock in a research report on Thursday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seventeen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $35.05.
View Our Latest Stock Report on DoubleVerify
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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