DoubleVerify Holdings, Inc. (NYSE:DV) Position Decreased by 272 Capital LP

272 Capital LP cut its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 92.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,900 shares of the company's stock after selling 130,139 shares during the quarter. 272 Capital LP's holdings in DoubleVerify were worth $209,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Smartleaf Asset Management LLC lifted its stake 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 valued at $30,000 after buying an additional 981 shares during the period. Quadrant Capital Group LLC increased 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 purchasing an additional 1,285 shares during the last quarter. GAMMA Investing LLC boosted its stake in DoubleVerify by 73.6% in 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 during the last quarter. Allianz SE purchased a new stake in DoubleVerify in the 4th quarter valued at about $41,000. Finally, Aster Capital Management DIFC Ltd increased its stake in shares of DoubleVerify by 50.8% during 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 last quarter. 97.29% of the stock is owned by hedge funds and other institutional investors.

DoubleVerify Stock Down 0.3 %

DV stock traded down $0.05 during midday trading on Monday, reaching $13.39. The company had a trading volume of 4,603,105 shares, compared to its average volume of 2,449,644. The firm has a market capitalization of $2.17 billion, a PE ratio of 36.18, a P/E/G ratio of 2.63 and a beta of 1.03. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.52 and a fifty-two week high of $31.11. The stock has a 50 day moving average price of $13.83 and a 200 day moving average price of $17.82.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DV. JMP Securities reaffirmed a "market outperform" rating and set a $25.00 price target on shares of DoubleVerify in a research report on Monday, January 27th. Morgan Stanley lowered their price target on DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Royal Bank of Canada cut their price objective on DoubleVerify from $24.00 to $21.00 and set an "outperform" rating on the stock in a report on Friday. Raymond James decreased their target price on DoubleVerify from $22.00 to $16.00 and set an "outperform" rating for the company in a report on Monday. Finally, Canaccord Genuity Group cut their price target on shares of DoubleVerify from $26.00 to $24.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $20.23.

Insider Buying and Selling

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the firm's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the sale, the chief financial officer now owns 85,882 shares in the company, valued at approximately $1,855,910.02. This trade represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.59% of the stock is owned by company insiders.

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.