Cetera Investment Advisers Sells 77,958 Shares of DoubleVerify Holdings, Inc. $DV

Key Points

• Cetera Investment Advisers drastically reduced its stake in DoubleVerify Holdings, Inc. by 83.9%, selling 77,958 shares and leaving them with a total of 14,987 shares valued at approximately $200,000.
• DoubleVerify's recent earnings report showed a net revenue of $189.02 million, significantly exceeding analyst expectations, although the company's EPS fell short of the consensus estimate.
• Despite the mixed earnings report, analysts maintain a generally positive outlook with an average rating of "Moderate Buy" and a consensus target price of $19.13 for the stock.

Cetera Investment Advisers cut its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 83.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,987 shares of the company's stock after selling 77,958 shares during the period. Cetera Investment Advisers' holdings in DoubleVerify were worth $200,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Marshall Wace LLP acquired a new stake in shares of DoubleVerify in the fourth quarter valued at approximately $4,513,000. First Trust Advisors LP lifted its position in shares of 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. Dimensional Fund Advisors LP lifted its position 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 valued at $40,754,000 after buying an additional 10,803 shares during the last quarter. State of Tennessee Department of Treasury lifted its position in shares of DoubleVerify by 15.1% in the fourth quarter. State of Tennessee Department of Treasury now owns 68,657 shares of the company's stock valued at $1,319,000 after buying an additional 9,000 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its position in shares of DoubleVerify by 51.0% in the fourth quarter. Hsbc Holdings PLC now owns 146,552 shares of the company's stock valued at $2,824,000 after buying an additional 49,528 shares during the last quarter. 97.29% of the stock is owned by institutional investors and hedge funds.

DoubleVerify Price Performance

DoubleVerify stock traded up $0.05 during mid-day trading on Thursday, reaching $16.31. 1,355,712 shares of the company were exchanged, compared to its average volume of 2,425,382. The company has a fifty day simple moving average of $15.38 and a 200-day simple moving average of $15.09. DoubleVerify Holdings, Inc. has a 12 month low of $11.52 and a 12 month high of $23.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.41 and a quick ratio of 4.41. The firm has a market cap of $2.67 billion, a PE ratio of 56.23, a PEG ratio of 2.43 and a beta of 1.05.

DoubleVerify (NYSE:DV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $171.14 million. During the same quarter last year, the business earned $0.04 EPS. DoubleVerify's revenue was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, equities research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Stifel Nicolaus raised their price objective on DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Barclays increased their target price on DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Craig Hallum reiterated a "buy" rating and set a $20.00 target price on shares of DoubleVerify in a research note on Monday, July 7th. JMP Securities reiterated a "market outperform" rating and set a $20.00 target price on shares of DoubleVerify in a research note on Thursday, June 12th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $18.00 target price 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Company 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.