DoubleVerify Holdings, Inc. $DV Shares Sold by Gagnon Securities LLC

Gagnon Securities LLC trimmed its holdings in DoubleVerify Holdings, Inc. (NYSE:DVFree Report) by 27.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 491,664 shares of the company’s stock after selling 188,253 shares during the period. DoubleVerify accounts for 1.1% of Gagnon Securities LLC’s investment portfolio, making the stock its 27th largest holding. Gagnon Securities LLC’s holdings in DoubleVerify were worth $5,625,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Clearstead Advisors LLC grew its stake in DoubleVerify by 210.0% in the 3rd quarter. Clearstead Advisors LLC now owns 2,055 shares of the company’s stock valued at $25,000 after acquiring an additional 1,392 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in DoubleVerify by 154.5% in the 4th quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company’s stock valued at $28,000 after purchasing an additional 1,492 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in DoubleVerify by 178.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 3,447 shares of the company’s stock valued at $41,000 after purchasing an additional 2,211 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in DoubleVerify by 253.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,709 shares of the company’s stock valued at $56,000 after purchasing an additional 2,660 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in DoubleVerify by 624.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,635 shares of the company’s stock valued at $69,000 after purchasing an additional 3,995 shares in the last quarter. 97.29% of the stock is owned by institutional investors and hedge funds.

DoubleVerify Stock Performance

Shares of NYSE:DV opened at $10.20 on Friday. DoubleVerify Holdings, Inc. has a twelve month low of $7.64 and a twelve month high of $16.82. The firm has a market cap of $1.56 billion, a PE ratio of 30.89, a price-to-earnings-growth ratio of 1.15 and a beta of 1.00. The business has a fifty day moving average of $10.20 and a 200-day moving average of $10.37.

Wall Street Analyst Weigh In

Several research firms have commented on DV. Wall Street Zen cut DoubleVerify from a “buy” rating to a “hold” rating in a report on Sunday, April 19th. Wells Fargo & Company lowered their price target on DoubleVerify from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Weiss Ratings restated a “sell (d+)” rating on shares of DoubleVerify in a report on Monday, April 20th. Raymond James Financial restated an “outperform” rating and issued a $14.00 price target on shares of DoubleVerify in a report on Thursday, May 7th. Finally, Canaccord Genuity Group lowered their target price on shares of DoubleVerify from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Eleven research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.70.

Read Our Latest Research Report on DV

DoubleVerify Profile

(Free Report)

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.

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Institutional Ownership by Quarter for DoubleVerify (NYSE:DV)

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