AQR Capital Management LLC Boosts Stock Position in DoubleVerify Holdings, Inc. (NYSE:DV)

AQR Capital Management LLC grew its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 29.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,602,929 shares of the company's stock after acquiring an additional 592,435 shares during the quarter. AQR Capital Management LLC owned about 1.54% of DoubleVerify worth $50,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DV. Smartleaf Asset Management LLC increased its position in shares of DoubleVerify by 168.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock worth $30,000 after purchasing an additional 981 shares in the last quarter. GAMMA Investing LLC increased its position in DoubleVerify by 73.6% during the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock worth $39,000 after buying an additional 863 shares during the period. Quadrant Capital Group LLC lifted its stake in DoubleVerify by 171.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,034 shares of the company's stock valued at $39,000 after buying an additional 1,285 shares during the last quarter. Allianz SE acquired a new stake in shares of DoubleVerify in the fourth quarter valued at approximately $41,000. Finally, Aster Capital Management DIFC Ltd increased its holdings in shares of DoubleVerify by 50.8% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company's stock valued at $75,000 after acquiring an additional 1,317 shares during the period. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Stock Performance

NYSE DV traded up $0.02 during trading hours on Wednesday, reaching $13.53. The company's stock had a trading volume of 978,352 shares, compared to its average volume of 2,449,420. The stock has a market cap of $2.20 billion, a PE ratio of 36.46, a PEG ratio of 2.63 and a beta of 1.03. The company's 50-day moving average is $13.50 and its two-hundred day moving average is $17.76. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.52 and a fifty-two week high of $31.11.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DV. Bank of America upgraded shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a research note on Friday, February 28th. Barclays dropped their price target on DoubleVerify from $24.00 to $16.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. The Goldman Sachs Group decreased their price objective on DoubleVerify from $20.00 to $15.50 and set a "neutral" rating for the company in a research report on Monday, April 14th. Needham & Company LLC restated a "buy" rating and set a $18.00 price target on shares of DoubleVerify in a research note on Wednesday, April 16th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $25.00 price objective on shares of DoubleVerify in a research report on Monday, January 27th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $19.24.

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.