Fox Run Management L.L.C. Purchases New Holdings in DoubleVerify Holdings, Inc. $DV

Fox Run Management L.L.C. acquired a new position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) in the 2nd quarter, HoldingsChannel reports. The firm acquired 16,189 shares of the company’s stock, valued at approximately $242,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Woodline Partners LP boosted its stake in shares of DoubleVerify by 2.5% in the first quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock worth $412,000 after acquiring an additional 762 shares during the last quarter. Covestor Ltd boosted its stake in DoubleVerify by 13.9% during the 1st quarter. Covestor Ltd now owns 7,291 shares of the company’s stock worth $97,000 after purchasing an additional 889 shares during the last quarter. Signaturefd LLC grew its holdings in shares of DoubleVerify by 582.9% during the first quarter. Signaturefd LLC now owns 2,322 shares of the company’s stock worth $31,000 after buying an additional 1,982 shares in the last quarter. Parallel Advisors LLC raised its position in shares of DoubleVerify by 572.1% in the second quarter. Parallel Advisors LLC now owns 2,386 shares of the company’s stock valued at $36,000 after buying an additional 2,031 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of DoubleVerify by 176.7% in the second quarter. GAMMA Investing LLC now owns 3,414 shares of the company’s stock worth $51,000 after buying an additional 2,180 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DV. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $13.50 price objective on shares of DoubleVerify in a research note on Tuesday, October 14th. Needham & Company LLC dropped their price target on DoubleVerify from $18.00 to $12.00 and set a “buy” rating for the company in a research report on Monday. Barclays reduced their price objective on DoubleVerify from $18.00 to $12.00 and set an “overweight” rating on the stock in a research report on Monday. Truist Financial lowered their price objective on DoubleVerify from $22.00 to $17.00 and set a “buy” rating on the stock in a research note on Monday. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $20.00 target price on shares of DoubleVerify in a research note on Tuesday, September 2nd. Twelve analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, DoubleVerify presently has a consensus rating of “Hold” and an average price target of $16.38.

DoubleVerify Trading Down 0.3%

Shares of DoubleVerify stock opened at $10.47 on Friday. The stock has a 50 day moving average of $11.85 and a 200 day moving average of $13.81. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 3.98. The firm has a market capitalization of $1.69 billion, a price-to-earnings ratio of 41.88, a PEG ratio of 1.74 and a beta of 0.98. DoubleVerify Holdings, Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $23.11.

DoubleVerify (NYSE:DV) last posted its earnings results on Friday, November 7th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.13. The company had revenue of $188.62 million for the quarter, compared to the consensus estimate of $190.43 million. DoubleVerify had a return on equity of 6.59% and a net margin of 6.10%.The company’s revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.10 earnings per share. DoubleVerify has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, research analysts predict that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Insider Transactions at DoubleVerify

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total transaction of $92,747.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Andrew E. Grimmig sold 4,096 shares of DoubleVerify stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total transaction of $53,207.04. Following the sale, the insider owned 96,301 shares of the company’s stock, valued at approximately $1,250,949.99. This represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 11,488 shares of company stock worth $157,255 in the last ninety days. 3.59% of the stock is currently owned by corporate 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.