Rockefeller Capital Management L.P. Trims Position in DoubleVerify Holdings, Inc. $DV

Rockefeller Capital Management L.P. trimmed its holdings in DoubleVerify Holdings, Inc. (NYSE:DV) by 92.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,921 shares of the company’s stock after selling 699,791 shares during the period. Rockefeller Capital Management L.P.’s holdings in DoubleVerify were worth $837,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC raised its stake in DoubleVerify by 572.1% during the 2nd quarter. Parallel Advisors LLC now owns 2,386 shares of the company’s stock valued at $36,000 after purchasing an additional 2,031 shares during the period. Farther Finance Advisors LLC grew its holdings in DoubleVerify by 3,035.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 3,167 shares of the company’s stock valued at $47,000 after buying an additional 3,066 shares in the last quarter. GAMMA Investing LLC raised its position in shares of DoubleVerify by 176.7% during the second quarter. GAMMA Investing LLC now owns 3,414 shares of the company’s stock valued at $51,000 after buying an additional 2,180 shares during the last quarter. Bessemer Group Inc. lifted its holdings in shares of DoubleVerify by 223.1% in the second quarter. Bessemer Group Inc. now owns 3,741 shares of the company’s stock worth $56,000 after buying an additional 2,583 shares in the last quarter. Finally, Headlands Technologies LLC boosted its position in shares of DoubleVerify by 534.0% during the first quarter. Headlands Technologies LLC now owns 4,647 shares of the company’s stock worth $62,000 after acquiring an additional 3,914 shares during the last quarter. Institutional investors own 97.29% of the company’s stock.

DoubleVerify Trading Down 0.2%

Shares of NYSE DV opened at $10.46 on Thursday. DoubleVerify Holdings, Inc. has a fifty-two week low of $7.64 and a fifty-two week high of $23.11. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.98 and a current ratio of 3.98. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 1.73 and a beta of 0.98. The business’s 50 day moving average price is $11.21 and its 200-day moving average price is $13.61.

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

Insider Buying and Selling

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Andrew E. Grimmig sold 4,096 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value of $53,207.04. Following the sale, the insider directly owned 96,301 shares in the company, valued at approximately $1,250,949.99. The trade was a 4.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 11,488 shares of company stock valued at $157,255 in the last three months. 3.59% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. JPMorgan Chase & Co. decreased their price target on shares of DoubleVerify from $19.00 to $17.00 and set an “overweight” rating on the stock in a research note on Monday, November 10th. Canaccord Genuity Group decreased their target price on DoubleVerify from $24.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, November 10th. Needham & Company LLC cut their price target on DoubleVerify from $18.00 to $12.00 and set a “buy” rating for the company in a report on Monday, November 10th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $13.50 price objective on shares of DoubleVerify in a research note on Tuesday, October 14th. Finally, Morgan Stanley lowered their target price on DoubleVerify from $16.50 to $15.00 and set an “equal weight” rating for the company in a research report on Monday, November 10th. Twelve research 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $16.38.

DoubleVerify 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.