DoubleVerify Holdings, Inc. (NYSE:DV) Receives Consensus Rating of "Moderate Buy" from Brokerages

Key Points

• DoubleVerify Holdings, Inc. has received a consensus rating of "Moderate Buy" from 22 brokerages, with an average 1-year price target of $19.13.
• Insider transactions revealed that Andrew E. Grimmig and Director Lucy Stamell Dobrin sold shares, indicating a 4.08% decrease in their holdings.
• DoubleVerify reported a 21.3% year-over-year revenue increase for the latest quarter, despite missing earnings per share estimates.

DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twenty-two brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $19.1316.

A number of research analysts recently weighed in on DV shares. Stifel Nicolaus raised their target price on shares of DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Morgan Stanley raised their target price on shares of DoubleVerify from $17.00 to $18.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Craig Hallum reaffirmed a "buy" rating and issued a $20.00 target price on shares of DoubleVerify in a research report on Monday, July 7th. Barclays raised their target price on shares of DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $18.00 target price on shares of DoubleVerify in a research report on Thursday, June 12th.

Insider Transactions at DoubleVerify

In other news, insider Andrew E. Grimmig sold 4,096 shares of DoubleVerify stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value of $53,207.04. Following the completion of the transaction, the insider owned 96,301 shares of the company's stock, valued at $1,250,949.99. This trade represents a 4.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lucy Stamell Dobrin sold 6,392 shares of DoubleVerify stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total transaction of $92,747.92. The disclosure for this sale can be found here. Company insiders own 3.59% of the company's stock.

Institutional Trading of DoubleVerify

A number of hedge funds have recently modified their holdings of DV. Wealth Enhancement Advisory Services LLC lifted its stake in shares of DoubleVerify by 106.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 57,772 shares of the company's stock worth $1,110,000 after buying an additional 29,745 shares during the last quarter. Versant Capital Management Inc acquired a new stake in DoubleVerify in the 1st quarter worth about $40,000. GAMMA Investing LLC raised its stake in DoubleVerify by 710.4% in the 1st quarter. GAMMA Investing LLC now owns 16,499 shares of the company's stock worth $221,000 after purchasing an additional 14,463 shares in the last quarter. Merit Financial Group LLC acquired a new stake in DoubleVerify in the 1st quarter worth about $177,000. Finally, Washington Capital Management Inc. raised its stake in DoubleVerify by 24.3% in the 1st quarter. Washington Capital Management Inc. now owns 39,400 shares of the company's stock worth $527,000 after purchasing an additional 7,700 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Price Performance

DV stock opened at $11.32 on Friday. The stock has a 50-day moving average price of $14.55 and a two-hundred day moving average price of $14.20. The stock has a market cap of $1.85 billion, a PE ratio of 39.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.99. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify has a 1 year low of $11.17 and a 1 year high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The firm had revenue of $189.02 million for the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.DoubleVerify's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter last year, the company posted $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Equities analysts forecast that DoubleVerify will post 0.36 EPS for the current fiscal year.

DoubleVerify Company 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.

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