111 Capital purchased a new stake in DoubleVerify Holdings, Inc. (NYSE:DV – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 29,636 shares of the company’s stock, valued at approximately $444,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of DV. Wealth Enhancement Advisory Services LLC lifted its position in DoubleVerify by 106.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 57,772 shares of the company’s stock valued at $1,110,000 after acquiring an additional 29,745 shares during the last quarter. GAMMA Investing LLC lifted its position in DoubleVerify by 710.4% in the first quarter. GAMMA Investing LLC now owns 16,499 shares of the company’s stock valued at $221,000 after acquiring an additional 14,463 shares during the last quarter. Merit Financial Group LLC purchased a new stake in DoubleVerify in the first quarter valued at $177,000. Washington Capital Management Inc. raised its holdings in shares of DoubleVerify by 24.3% in the first quarter. Washington Capital Management Inc. now owns 39,400 shares of the company’s stock valued at $527,000 after buying an additional 7,700 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of DoubleVerify by 167.7% in the first quarter. Harbor Capital Advisors Inc. now owns 25,145 shares of the company’s stock valued at $336,000 after buying an additional 15,751 shares during the last quarter. 97.29% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, insider Andrew E. Grimmig sold 4,096 shares of DoubleVerify stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total transaction of $53,207.04. Following the completion of the sale, the insider directly owned 96,301 shares in the company, valued at approximately $1,250,949.99. This trade represents a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lucy Stamell Dobrin sold 6,392 shares of DoubleVerify stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total transaction of $92,747.92. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by company insiders.
DoubleVerify Trading Down 0.3%
DoubleVerify (NYSE:DV – Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share (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 firm had revenue of $189.02 million for the quarter, compared to analysts’ expectations of $171.14 million. During the same period in the prior year, the company earned $0.04 earnings per share. The company’s revenue for the quarter was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. Equities research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on DV. BMO Capital Markets reaffirmed an “outperform” rating and issued a $27.00 target price (up from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. Wells Fargo & Company set a $13.00 target price on shares of DoubleVerify and gave the company an “underweight” rating in a report on Thursday, June 12th. Truist Financial reaffirmed a “buy” rating and issued a $22.00 target price (up from $21.00) on shares of DoubleVerify in a report on Thursday, June 12th. Stifel Nicolaus upped their target price 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, JMP Securities reaffirmed a “market outperform” rating and issued a $20.00 target price on shares of DoubleVerify in a report on Tuesday, September 2nd. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, DoubleVerify has an average rating of “Moderate Buy” and a consensus price target of $19.13.
Get Our Latest Analysis on DoubleVerify
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.
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