DoubleVerify (NYSE:DV) Insider Andrew Grimmig Sells 4,096 Shares

DoubleVerify Holdings, Inc. (NYSE:DV) insider Andrew Grimmig sold 4,096 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The stock was 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 in the company, valued at $1,250,949.99. This trade represents a 4.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

DoubleVerify Stock Performance

Shares of DV stock opened at $12.74 on Monday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. The company has a market capitalization of $2.08 billion, a P/E ratio of 43.93, a price-to-earnings-growth ratio of 1.90 and a beta of 1.06. The company’s 50 day moving average price is $15.18 and its two-hundred day moving average price is $14.37. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $23.11.

DoubleVerify (NYSE:DV) last announced its earnings results on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The company had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. During the same quarter last year, the business posted $0.04 earnings per share. The business’s quarterly revenue was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. On average, analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DV has been the topic of a number of recent research reports. Truist Financial reiterated a “buy” rating and issued a $22.00 price objective (up from $21.00) on shares of DoubleVerify in a report on Thursday, June 12th. Wells Fargo & Company set a $13.00 price objective on shares of DoubleVerify and gave the company an “underweight” rating in a report on Thursday, June 12th. JPMorgan Chase & Co. upgraded shares of DoubleVerify from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $18.00 to $19.00 in a report on Friday, August 1st. Stifel Nicolaus lifted their price objective on shares of DoubleVerify from $17.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, June 12th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $27.00 price objective (up from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. Fourteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $19.13.

Institutional Investors Weigh In On DoubleVerify

A number of institutional investors have recently modified their holdings of the business. California State Teachers Retirement System boosted its position in shares of DoubleVerify by 0.6% in the second quarter. California State Teachers Retirement System now owns 133,120 shares of the company’s stock valued at $1,993,000 after acquiring an additional 754 shares during the period. Woodline Partners LP boosted its position in shares of DoubleVerify by 2.5% in the first quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock valued at $412,000 after acquiring an additional 762 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of DoubleVerify by 5.4% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 15,362 shares of the company’s stock valued at $230,000 after acquiring an additional 785 shares during the period. Covestor Ltd boosted its position in shares of DoubleVerify by 13.9% in the first quarter. Covestor Ltd now owns 7,291 shares of the company’s stock valued at $97,000 after acquiring an additional 889 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of DoubleVerify by 3.1% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 34,628 shares of the company’s stock valued at $518,000 after acquiring an additional 1,028 shares during the period. 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.