DoubleVerify Holdings, Inc. $DV Stock Holdings Boosted by Invenomic Capital Management LP

Invenomic Capital Management LP lifted its position in shares of DoubleVerify Holdings, Inc. (NYSE:DVFree Report) by 31.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,383,935 shares of the company’s stock after acquiring an additional 575,030 shares during the period. DoubleVerify accounts for 1.3% of Invenomic Capital Management LP’s portfolio, making the stock its 20th biggest holding. Invenomic Capital Management LP owned about 1.48% of DoubleVerify worth $27,272,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in shares of DoubleVerify by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 14,776,618 shares of the company’s stock worth $169,045,000 after acquiring an additional 360,055 shares during the last quarter. AQR Capital Management LLC grew its position in DoubleVerify by 123.4% in the 4th quarter. AQR Capital Management LLC now owns 5,254,565 shares of the company’s stock valued at $60,112,000 after buying an additional 2,902,169 shares in the last quarter. Dimensional Fund Advisors LP grew its position in DoubleVerify by 6.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,970,550 shares of the company’s stock valued at $45,424,000 after buying an additional 234,139 shares in the last quarter. Bank of Montreal Can grew its position in DoubleVerify by 2,028.9% in the 4th quarter. Bank of Montreal Can now owns 3,649,995 shares of the company’s stock valued at $41,756,000 after buying an additional 3,478,542 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN grew its position in DoubleVerify by 42.5% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 2,895,694 shares of the company’s stock valued at $34,690,000 after buying an additional 863,899 shares in the last quarter. Institutional investors own 97.29% of the company’s stock.

DoubleVerify Trading Down 1.2%

Shares of NYSE DV opened at $10.41 on Thursday. DoubleVerify Holdings, Inc. has a twelve month low of $7.64 and a twelve month high of $16.82. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 31.53, a PEG ratio of 1.18 and a beta of 1.00. The firm has a 50-day moving average of $10.23 and a two-hundred day moving average of $10.37.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DV shares. The Goldman Sachs Group increased their target price on shares of DoubleVerify from $10.50 to $12.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Wall Street Zen lowered shares of DoubleVerify from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Canaccord Genuity Group decreased their target price on shares of DoubleVerify from $18.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, February 27th. Raymond James Financial reiterated an “outperform” rating and issued a $14.00 target price on shares of DoubleVerify in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of DoubleVerify in a research report on Monday, April 20th. Eleven research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $15.70.

View Our Latest Report on DoubleVerify

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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