1 week Ago By ABMN Staff
JPMorgan Chase & Co. raised its stake in shares of DoubleVerify Holdings, Inc. ( NYSE:DV – Free Report ) by 9.
8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 708,429 shares of the company’s stock after buying an additional 63,196 shares during the period. JPMorgan Chase & Co.
’s holdings in DoubleVerify were worth $13,609,000 as of its most recent SEC filing. Other institutional investors and hedge funds have also modified their holdings of the company. Smartleaf Asset Management LLC raised its holdings in shares of DoubleVerify by 168.
0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company’s stock valued at $30,000 after purchasing an additional 981 shares in the last quarter. GAMMA Investing LLC raised its holdings in DoubleVerify by 73.
6% during the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company’s stock valued at $39,000 after buying an additional 863 shares in the last quarter. SG Americas Securities LLC bought a new position in DoubleVerify during the fourth quarter valued at about $113,000.
KBC Group NV lifted its position in shares of DoubleVerify by 29.7% in the fourth quarter. KBC Group NV now owns 6,516 shares of the company’s stock worth $125,000 after buying an additional 1,494 shares during the last quarter.
Finally, Pallas Capital Advisors LLC bought a new stake in shares of DoubleVerify during the 4th quarter worth about $193,000. 97.29% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes A number of equities research analysts have issued reports on the company. JMP Securities reaffirmed a “market outperform” rating and set a $25.00 target price on shares of DoubleVerify in a research report on Monday, January 27th.
Barclays decreased their price objective on shares of DoubleVerify from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Friday, February 28th.
Robert W. Baird reiterated a “neutral” rating and issued a $14.00 target price (down previously from $20.
00) on shares of DoubleVerify in a report on Friday, March 28th. The Goldman Sachs Group reissued a “neutral” rating and set a $20.00 target price (down previously from $24.
00) on shares of DoubleVerify in a research report on Friday, February 28th. Finally, Cannonball Research downgraded DoubleVerify to a “neutral” rating in a research report on Sunday, March 2nd. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company’s stock.
According to MarketBeat, DoubleVerify currently has a consensus rating of “Hold” and an average target price of $22.00. DoubleVerify Stock Performance DoubleVerify stock opened at $12.
57 on Friday. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 33.
98, a PEG ratio of 2.63 and a beta of 1.04.
DoubleVerify Holdings, Inc. has a 52-week low of $11.52 and a 52-week high of $32.
86. The firm has a 50 day moving average price of $16.69 and a two-hundred day moving average price of $18.
26. Insider Buying and Selling at DoubleVerify In related news, CFO Nicola T. Allais sold 2,220 shares of the stock in a transaction on Tuesday, February 4th.
The stock was sold at an average price of $21.61, for a total value of $47,974.20.
Following the transaction, the chief financial officer now directly owns 85,882 shares in the company, valued at $1,855,910.02. This trade represents a 2.
52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . Insiders own 3.
00% of the company’s stock. DoubleVerify Company Profile ( Free Report ) 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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