DoubleVerify Holdings, Inc. (NYSE:DV) Given Consensus Rating of "Hold" by Brokerages

DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) has been given an average rating of "Hold" by the twenty-four analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $19.24.

DV has been the topic of a number of research analyst reports. JMP Securities reiterated a "market outperform" rating and issued a $25.00 target price on shares of DoubleVerify in a research note on Monday, January 27th. The Goldman Sachs Group cut their target price on shares of DoubleVerify from $20.00 to $15.50 and set a "neutral" rating for the company in a research report on Monday, April 14th. Loop Capital lowered DoubleVerify from a "buy" rating to a "hold" rating and reduced their price target for the stock from $24.00 to $16.00 in a research report on Tuesday, March 4th. Needham & Company LLC reissued a "buy" rating and set a $18.00 target price on shares of DoubleVerify in a research note on Wednesday, April 16th. Finally, Raymond James reduced their target price on DoubleVerify from $22.00 to $16.00 and set an "outperform" rating on the stock in a report on Monday.

DoubleVerify Trading Down 0.3 %

Shares of NYSE:DV opened at $13.39 on Tuesday. DoubleVerify has a 1-year low of $11.52 and a 1-year high of $31.11. The stock's fifty day simple moving average is $13.66 and its two-hundred day simple moving average is $17.79. The stock has a market cap of $2.17 billion, a PE ratio of 36.18, a price-to-earnings-growth ratio of 2.63 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Geneva Capital Management LLC boosted its holdings in DoubleVerify by 0.8% in the 4th quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company's stock worth $49,450,000 after buying an additional 19,684 shares during the period. Norges Bank purchased a new position in DoubleVerify during the fourth quarter worth $33,957,000. JPMorgan Chase & Co. grew its holdings in DoubleVerify by 9.8% during the 4th quarter. JPMorgan Chase & Co. now owns 708,429 shares of the company's stock valued at $13,609,000 after purchasing an additional 63,196 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of DoubleVerify by 7.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 973,147 shares of the company's stock valued at $18,694,000 after buying an additional 71,000 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company's stock worth $34,264,000 after purchasing an additional 94,095 shares during the last quarter. 97.29% of the stock is owned by hedge funds and other institutional investors.

About DoubleVerify

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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