DoubleVerify Holdings, Inc. (NYSE:DV) CFO Nicola T. Allais Sells 5,292 Shares

DoubleVerify Holdings, Inc. (NYSE:DV) CFO Nicola T. Allais sold 5,292 shares of the stock in a transaction on Wednesday, April 24th. The shares were sold at an average price of $30.86, for a total transaction of $163,311.12. Following the transaction, the chief financial officer now directly owns 73,030 shares in the company, valued at $2,253,705.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

DoubleVerify Stock Down 2.1 %

Shares of DoubleVerify stock opened at $30.14 on Friday. DoubleVerify Holdings, Inc. has a 52-week low of $26.23 and a 52-week high of $43.00. The company has a 50 day moving average of $33.93 and a 200 day moving average of $34.15. The company has a market capitalization of $5.18 billion, a P/E ratio of 73.51, a P/E/G ratio of 3.26 and a beta of 1.04.

DoubleVerify (NYSE:DV) last issued its quarterly earnings results on Wednesday, February 28th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.06. DoubleVerify had a net margin of 12.48% and a return on equity of 7.29%. The company had revenue of $172.23 million during the quarter, compared to the consensus estimate of $171.85 million. As a group, research analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently weighed in on DV. KeyCorp raised their price target on shares of DoubleVerify from $40.00 to $48.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. JPMorgan Chase & Co. cut their price objective on shares of DoubleVerify from $32.00 to $30.00 and set a “neutral” rating for the company in a research report on Thursday, February 29th. Royal Bank of Canada raised their price objective on shares of DoubleVerify from $40.00 to $49.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. Macquarie upgraded shares of DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a research report on Monday, March 11th. Finally, Barclays cut their price objective on shares of DoubleVerify from $43.00 to $40.00 and set an “overweight” rating for the company in a research report on Thursday, February 29th. One equities research analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $42.50.

Institutional Trading of DoubleVerify

Institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC purchased a new stake in shares of DoubleVerify during the 4th quarter worth approximately $42,000. Signaturefd LLC lifted its position in shares of DoubleVerify by 84.7% during the 4th quarter. Signaturefd LLC now owns 1,086 shares of the company’s stock worth $40,000 after buying an additional 498 shares during the last quarter. Guinness Atkinson Asset Management Inc purchased a new stake in shares of DoubleVerify during the 3rd quarter worth approximately $34,000. Quadrant Capital Group LLC lifted its position in shares of DoubleVerify by 65.3% during the 4th quarter. Quadrant Capital Group LLC now owns 1,486 shares of the company’s stock worth $55,000 after buying an additional 587 shares during the last quarter. Finally, Huntington National Bank lifted its position in shares of DoubleVerify by 41.6% during the 3rd quarter. Huntington National Bank now owns 1,495 shares of the company’s stock worth $42,000 after buying an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.

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.