Aigen Investment Management LP Has $169,000 Stock Position in DoubleVerify Holdings, Inc. $DV

Key Points

• Aigen Investment Management LP has reduced its stake in DoubleVerify Holdings, Inc. by 75.9% in the first quarter, concluding with 12,670 shares after selling 39,831 shares.
• The stock price of DoubleVerify increased by 3.0%, with a market cap of $2.59 billion.
• Analysts maintain a consensus rating of "Moderate Buy" for DoubleVerify, with an average target price of $19.13.

Aigen Investment Management LP lowered its stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 75.9% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 12,670 shares of the company's stock after selling 39,831 shares during the period. Aigen Investment Management LP's holdings in DoubleVerify were worth $169,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Federated Hermes Inc. boosted its holdings in DoubleVerify by 6.3% in the 4th quarter. Federated Hermes Inc. now owns 9,571 shares of the company's stock valued at $184,000 after purchasing an additional 571 shares during the period. Covestor Ltd lifted its holdings in shares of DoubleVerify by 13.9% during the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock worth $97,000 after acquiring an additional 889 shares during the period. Sterling Capital Management LLC lifted its holdings in shares of DoubleVerify by 31.2% during the 4th quarter. Sterling Capital Management LLC now owns 5,108 shares of the company's stock worth $98,000 after acquiring an additional 1,214 shares during the period. Nuveen Asset Management LLC lifted its holdings in shares of DoubleVerify by 0.5% during the 4th quarter. Nuveen Asset Management LLC now owns 380,005 shares of the company's stock worth $7,300,000 after acquiring an additional 1,779 shares during the period. Finally, Signaturefd LLC lifted its holdings in shares of DoubleVerify by 582.9% during the 1st quarter. Signaturefd LLC now owns 2,322 shares of the company's stock worth $31,000 after acquiring an additional 1,982 shares during the period. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Price Performance

NYSE:DV traded down $0.0040 on Thursday, hitting $15.5160. The company had a trading volume of 1,160,475 shares, compared to its average volume of 2,431,627. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 53.51, a PEG ratio of 2.32 and a beta of 1.05. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. The firm has a 50 day moving average of $15.20 and a two-hundred day moving average of $15.28. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share (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 business had revenue of $189.02 million during the quarter, compared to analyst estimates of $171.14 million. During the same quarter last year, the company posted $0.04 earnings per share. The company's revenue was up 21.3% compared to the same quarter last year. DoubleVerify has set its Q3 2025 guidance at EPS. On average, research analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on DV. JPMorgan Chase & Co. raised shares of DoubleVerify from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $18.00 to $19.00 in a report on Friday, August 1st. Barclays upped their price target on shares of DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $18.00 price target on shares of DoubleVerify in a report on Thursday, June 12th. Raymond James Financial dropped their price objective on shares of DoubleVerify from $22.00 to $16.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. Finally, Stifel Nicolaus increased their price objective on shares of DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Fourteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $19.13.

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.