26,165 Shares in DoubleVerify Holdings, Inc. (NYSE:DV) Purchased by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC acquired a new position in DoubleVerify Holdings, Inc. (NYSE:DV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 26,165 shares of the company’s stock, valued at approximately $962,000.

Other institutional investors also recently bought and sold shares of the company. Shaker Investments LLC OH boosted its holdings in shares of DoubleVerify by 0.4% during the 4th quarter. Shaker Investments LLC OH now owns 75,927 shares of the company’s stock worth $2,793,000 after purchasing an additional 280 shares during the last quarter. Assetmark Inc. raised its position in DoubleVerify by 15.1% in the third quarter. Assetmark Inc. now owns 3,279 shares of the company’s stock valued at $92,000 after purchasing an additional 430 shares during the period. Huntington National Bank raised its position in DoubleVerify by 41.6% in the third quarter. Huntington National Bank now owns 1,495 shares of the company’s stock valued at $42,000 after purchasing an additional 439 shares during the period. Signaturefd LLC raised its position in DoubleVerify by 84.7% in the fourth quarter. Signaturefd LLC now owns 1,086 shares of the company’s stock valued at $40,000 after purchasing an additional 498 shares during the period. Finally, Arizona State Retirement System raised its position in DoubleVerify by 1.8% in the third quarter. Arizona State Retirement System now owns 30,776 shares of the company’s stock valued at $860,000 after purchasing an additional 554 shares during the period. 97.29% of the stock is currently owned by institutional investors and hedge funds.

DoubleVerify Stock Up 0.3 %

NYSE DV traded up $0.10 during trading hours on Friday, hitting $30.24. 1,071,333 shares of the stock were exchanged, compared to its average volume of 1,792,746. The company has a market cap of $5.19 billion, a price-to-earnings ratio of 73.76, a price-to-earnings-growth ratio of 3.29 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 12-month low of $26.23 and a 12-month high of $43.00. The stock has a 50-day moving average of $33.69 and a 200 day moving average of $34.16.

DoubleVerify (NYSE:DV) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.06. The firm had revenue of $172.23 million during the quarter, compared to analysts’ expectations of $171.85 million. DoubleVerify had a net margin of 12.48% and a return on equity of 7.29%. On average, equities research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, insider Julie Eddleman sold 900 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $30.30, for a total value of $27,270.00. Following the completion of the transaction, the insider now directly owns 137,668 shares of the company’s stock, valued at $4,171,340.40. The sale was disclosed in a filing with the SEC, which is available at this link. In other DoubleVerify news, insider Julie Eddleman sold 900 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $30.30, for a total value of $27,270.00. Following the completion of the transaction, the insider now directly owns 137,668 shares of the company’s stock, valued at $4,171,340.40. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Nicola T. Allais sold 5,292 shares of the stock in a transaction dated Wednesday, April 24th. The shares were sold at an average price of $30.86, for a total transaction of $163,311.12. Following the completion of the transaction, the chief financial officer now directly owns 73,030 shares of the company’s stock, valued at $2,253,705.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 91,531 shares of company stock valued at $3,043,004. Corporate insiders own 3.27% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DV shares. Needham & Company LLC reaffirmed a “buy” rating and set a $45.00 price objective on shares of DoubleVerify in a research report on Thursday, March 28th. Royal Bank of Canada boosted their target price on shares of DoubleVerify from $40.00 to $49.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 27th. Barclays lowered their target price on shares of DoubleVerify from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, February 29th. Wells Fargo & Company decreased their price objective on shares of DoubleVerify from $44.00 to $41.00 and set an “overweight” rating for the company in a research note on Friday, March 1st. Finally, Macquarie upgraded shares of DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 price objective for the company in a research note on Monday, March 11th. One investment analyst has rated the stock with a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat.com, DoubleVerify currently has an average rating of “Moderate Buy” and a consensus target price of $42.50.

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.