Tocqueville Asset Management L.P. Takes $1.27 Million Position in DoubleVerify Holdings, Inc. $DV

Key Points

• Tocqueville Asset Management L.P. acquired a new position in DoubleVerify Holdings, Inc. by purchasing 95,000 shares, valued at approximately $1.27 million.
• Several institutional investors have significantly increased their holdings in DoubleVerify during the first quarter, contributing to a total of 97.29% ownership by institutional investors and hedge funds.
• Analysts have varied opinions on DoubleVerify's stock price, with price targets ranging from $16.00 to $21.00 and a consensus rating of "Moderate Buy" based on current market data.

Tocqueville Asset Management L.P. bought a new position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 95,000 shares of the company's stock, valued at approximately $1,270,000. Tocqueville Asset Management L.P. owned about 0.06% of DoubleVerify at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in DoubleVerify by 5.6% during the first 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 during the last quarter. Mackenzie Financial Corp increased its stake in shares of DoubleVerify by 1.6% in the first quarter. Mackenzie Financial Corp now owns 5,752,688 shares of the company's stock worth $76,913,000 after purchasing an additional 91,405 shares during the period. Burgundy Asset Management Ltd. increased its stake in shares of DoubleVerify by 73.2% in the fourth quarter. Burgundy Asset Management Ltd. now owns 4,906,913 shares of the company's stock worth $94,262,000 after purchasing an additional 2,073,279 shares during the period. AQR Capital Management LLC increased its stake in shares of DoubleVerify by 29.5% in the fourth quarter. AQR Capital Management LLC now owns 2,602,929 shares of the company's stock worth $50,002,000 after purchasing an additional 592,435 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of DoubleVerify by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,121,416 shares of the company's stock worth $40,754,000 after purchasing an additional 10,803 shares during the period. 97.29% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on DV shares. Needham & Company LLC reiterated a "buy" rating and issued a $18.00 price objective on shares of DoubleVerify in a research note on Thursday, June 12th. Raymond James Financial dropped their price objective on DoubleVerify from $22.00 to $16.00 and set an "outperform" rating on the stock in a research note on Monday, May 5th. Craig Hallum reiterated a "buy" rating and issued a $20.00 price objective on shares of DoubleVerify in a research note on Monday, July 7th. BMO Capital Markets reiterated an "outperform" rating and issued a $27.00 price objective (up from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Finally, JMP Securities reiterated a "market outperform" rating and issued a $20.00 price objective on shares of DoubleVerify in a research note on Thursday, June 12th. Fourteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Stock Performance

DV stock traded up $0.6350 during trading on Friday, reaching $16.1450. 851,725 shares of the stock were exchanged, compared to its average volume of 2,450,315. DoubleVerify Holdings, Inc. has a twelve month low of $11.52 and a twelve month high of $23.11. The company has a market capitalization of $2.64 billion, a P/E ratio of 55.67, a price-to-earnings-growth ratio of 2.32 and a beta of 1.05. The stock has a 50 day simple moving average of $15.20 and a 200-day simple moving average of $15.28. 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 (NYSE:DV - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The business 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%.The firm's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, sell-side analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

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.