DoubleVerify Holdings, Inc. $DV Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 42.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 335,290 shares of the company's stock after selling 242,912 shares during the quarter. Deutsche Bank AG owned approximately 0.21% of DoubleVerify worth $4,483,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in DV. LPL Financial LLC lifted its stake in DoubleVerify by 15.3% during the fourth quarter. LPL Financial LLC now owns 31,123 shares of the company's stock worth $598,000 after purchasing an additional 4,123 shares during the last quarter. Sterling Capital Management LLC lifted its stake in DoubleVerify by 31.2% during the fourth quarter. Sterling Capital Management LLC now owns 5,108 shares of the company's stock worth $98,000 after purchasing an additional 1,214 shares during the last quarter. Marshall Wace LLP purchased a new stake in DoubleVerify during the fourth quarter worth approximately $4,513,000. Canada Pension Plan Investment Board lifted its stake in DoubleVerify by 71.9% during the fourth quarter. Canada Pension Plan Investment Board now owns 259,900 shares of the company's stock worth $4,993,000 after purchasing an additional 108,700 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in DoubleVerify by 132.0% in the fourth quarter. First Trust Advisors LP now owns 504,493 shares of the company's stock valued at $9,691,000 after buying an additional 287,046 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.

Analyst Ratings Changes

DV has been the subject of a number of research reports. 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. Stifel Nicolaus boosted their price objective on DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday, June 12th. Barclays boosted their price objective on DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a research note on Wednesday, August 6th. BMO Capital Markets reiterated an "outperform" rating and issued a $27.00 price objective (up previously from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upgraded DoubleVerify from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $18.00 to $19.00 in a research note on Friday, August 1st. Fourteen 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. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $19.13.

DoubleVerify Stock Performance

Shares of DoubleVerify stock traded up $0.5550 during trading hours on Friday, hitting $16.0650. 221,715 shares of the company were exchanged, compared to its average volume of 2,446,495. DoubleVerify Holdings, Inc. has a 1 year low of $11.52 and a 1 year high of $23.11. 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 business has a 50-day moving average of $15.20 and a 200-day moving average of $15.28. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 55.40, a P/E/G ratio of 2.32 and a beta of 1.05.

DoubleVerify (NYSE:DV - Get Free Report) last released its quarterly 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 return on equity of 4.86% and a net margin of 7.38%.The company had revenue of $189.02 million for the quarter, compared to analysts' expectations of $171.14 million. During the same quarter last year, the company earned $0.04 EPS. DoubleVerify's revenue for the quarter was up 21.3% compared to the same quarter last year. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, analysts expect that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current fiscal year.

DoubleVerify Profile

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.