DoubleVerify Holdings, Inc. (NYSE:DV) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC trimmed its position in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,277,081 shares of the company's stock after selling 22,111 shares during the quarter. Geode Capital Management LLC owned approximately 1.35% of DoubleVerify worth $43,757,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of DoubleVerify by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 17,481,297 shares of the company's stock valued at $335,816,000 after acquiring an additional 143,773 shares during the last quarter. Geneva Capital Management LLC raised its stake in DoubleVerify by 0.8% in the fourth quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company's stock valued at $49,450,000 after purchasing an additional 19,684 shares in the last quarter. Principal Financial Group Inc. lifted its position in DoubleVerify by 4.8% during the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company's stock valued at $34,264,000 after purchasing an additional 94,095 shares during the last quarter. Norges Bank purchased a new position in DoubleVerify in the 4th quarter worth approximately $33,957,000. Finally, Fort Washington Investment Advisors Inc. OH increased its holdings in shares of DoubleVerify by 19.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,010,596 shares of the company's stock worth $19,414,000 after buying an additional 161,170 shares during the last quarter. 97.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling at DoubleVerify

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

Analyst Ratings Changes

DV has been the topic of several research reports. The Goldman Sachs Group decreased their price target on shares of DoubleVerify from $20.00 to $15.50 and set a "neutral" rating on the stock in a research note 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 report on Wednesday. Stifel Nicolaus set a $20.00 price objective on DoubleVerify in a research note on Friday, February 28th. Morgan Stanley lowered their price target on shares of DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating for the company in a report on Thursday. Finally, Bank of America raised shares of DoubleVerify from an "underperform" rating to a "neutral" rating in a report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $21.38.

DoubleVerify Trading Up 3.3 %

Shares of DV traded up $0.40 during midday trading on Friday, reaching $12.47. 2,140,192 shares of the stock were exchanged, compared to its average volume of 2,438,384. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $31.15. The company's 50 day moving average is $15.72 and its two-hundred day moving average is $18.09. The company has a market capitalization of $2.07 billion, a P/E ratio of 33.69, a PEG ratio of 2.63 and a beta of 1.04.

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.