DoubleVerify (NYSE:DV) Shares Gap Down - Time to Sell?

Key Points

• DoubleVerify's share price gapped down from $14.79 to $14.14 before settling at $13.84, resulting in a trading decline of 6.0%.
• Several analysts have raised their price targets for DoubleVerify, with a consensus target of $19.13 and a consensus rating of "Moderate Buy."
• Despite missing earnings estimates of $0.06 per share, DoubleVerify reported a revenue of $189.02 million for the quarter, exceeding expectations of $171.14 million.

DoubleVerify Holdings, Inc. (NYSE:DV - Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $14.79, but opened at $14.14. DoubleVerify shares last traded at $13.84, with a volume of 1,282,051 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DV. Morgan Stanley increased their price objective on DoubleVerify from $17.00 to $18.00 and gave the company an "equal weight" rating in a report on Wednesday, August 6th. JPMorgan Chase & Co. upgraded DoubleVerify from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $18.00 to $19.00 in a report on Friday, August 1st. Craig Hallum restated a "buy" rating and issued a $20.00 price objective on shares of DoubleVerify in a report on Monday, July 7th. Needham & Company LLC restated a "buy" rating and issued a $18.00 price objective on shares of DoubleVerify in a report on Thursday, June 12th. Finally, Barclays increased their price objective on DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, DoubleVerify has an average rating of "Moderate Buy" and an average target price of $19.13.

DoubleVerify Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. The company has a 50 day moving average price of $15.42 and a 200 day moving average price of $14.43. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 44.83, a P/E/G ratio of 1.95 and a beta of 1.06.

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

Insider Transactions at DoubleVerify

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of DoubleVerify stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total transaction of $92,747.92. The transaction was disclosed in a filing with the SEC, which is available through this link. 3.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On DoubleVerify

Institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position in shares of DoubleVerify by 669.2% during the 1st quarter. SG Americas Securities LLC now owns 45,200 shares of the company's stock worth $604,000 after buying an additional 39,324 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its position in shares of DoubleVerify by 36.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 81,672 shares of the company's stock worth $1,092,000 after buying an additional 21,829 shares in the last quarter. ING Groep NV lifted its position in shares of DoubleVerify by 32.9% during the 1st quarter. ING Groep NV now owns 503,900 shares of the company's stock worth $6,737,000 after buying an additional 124,800 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of DoubleVerify by 5.6% during the 1st quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company's stock worth $246,891,000 after buying an additional 984,779 shares in the last quarter. Finally, Northern Trust Corp raised its position in DoubleVerify by 3.2% in the first quarter. Northern Trust Corp now owns 1,153,839 shares of the company's stock worth $15,427,000 after acquiring an additional 36,009 shares during the period. 97.29% of the stock is owned by institutional investors.

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.