DoubleVerify Holdings, Inc. (NYSE:DV) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,429 shares of the company's stock after purchasing an additional 63,196 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.42% of DoubleVerify worth $13,609,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position 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 worth $30,000 after purchasing an additional 981 shares during the last quarter. GAMMA Investing LLC increased its stake in DoubleVerify by 73.6% during the 4th quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock worth $39,000 after buying an additional 863 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of DoubleVerify during the fourth quarter valued at approximately $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 valued at $125,000 after acquiring an additional 1,494 shares in the last quarter. Finally, Pallas Capital Advisors LLC acquired a new stake in shares of DoubleVerify in the fourth quarter worth approximately $193,000. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Trading Up 3.4 %

DV stock traded up $0.41 on Thursday, hitting $12.48. The company's stock had a trading volume of 483,761 shares, compared to its average volume of 2,423,017. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 33.51, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 1 year low of $11.52 and a 1 year high of $31.15. The firm has a 50 day moving average of $16.11 and a two-hundred day moving average of $18.14.

Insider Transactions at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the company's stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total transaction of $47,974.20. Following the completion of the transaction, the chief financial officer now owns 85,882 shares in the company, valued at approximately $1,855,910.02. This represents a 2.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.00% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DV. Baird R W downgraded shares of DoubleVerify from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Canaccord Genuity Group reduced their price objective on shares of DoubleVerify from $26.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday. Royal Bank of Canada raised their price target on DoubleVerify from $22.00 to $24.00 and gave the stock an "outperform" rating in a research report on Friday, January 3rd. Stifel Nicolaus set a $20.00 price target on shares of DoubleVerify in a research report on Friday, February 28th. Finally, The Goldman Sachs Group cut their price objective on DoubleVerify from $20.00 to $15.50 and set a "neutral" rating on the stock in a research report on Monday. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $21.48.

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.