Ieq Capital LLC Cuts Stake in DoubleVerify Holdings, Inc. $DV

Key Points

• Ieq Capital LLC reduced its holdings in DoubleVerify Holdings, Inc. by 32.0%, selling 61,410 shares and owning about 0.08% of the company valued at $1,742,000 at the end of the most recent quarter.
• DoubleVerify reported $0.05 earnings per share for the last quarter, missing estimates by $0.01, but had revenue of $189.02 million, exceeding expectations significantly.
• Barclays and Needham & Company both upgraded their price targets for DoubleVerify to $18.00, reflecting a positive sentiment among analysts, while fourteen analysts have rated the stock as a Buy.

Ieq Capital LLC cut its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 32.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 130,273 shares of the company's stock after selling 61,410 shares during the quarter. Ieq Capital LLC owned approximately 0.08% of DoubleVerify worth $1,742,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC grew its position in shares of DoubleVerify by 669.2% during the first quarter. SG Americas Securities LLC now owns 45,200 shares of the company's stock valued at $604,000 after purchasing an additional 39,324 shares in the last quarter. Oppenheimer Asset Management Inc. grew its position in shares of DoubleVerify by 36.5% during the first quarter. Oppenheimer Asset Management Inc. now owns 81,672 shares of the company's stock valued at $1,092,000 after purchasing an additional 21,829 shares in the last quarter. ING Groep NV grew its position in shares of DoubleVerify by 32.9% during the first quarter. ING Groep NV now owns 503,900 shares of the company's stock valued at $6,737,000 after purchasing an additional 124,800 shares in the last quarter. Vanguard Group Inc. grew its position in shares of DoubleVerify by 5.6% during the first quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company's stock valued at $246,891,000 after purchasing an additional 984,779 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in DoubleVerify by 68.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 97,140 shares of the company's stock worth $1,299,000 after acquiring an additional 39,368 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on DV shares. Morgan Stanley lifted their price target on DoubleVerify from $17.00 to $18.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. BMO Capital Markets reiterated an "outperform" rating and issued a $27.00 price target (up previously from $26.00) on shares of DoubleVerify in a research report on Wednesday, August 6th. Needham & Company LLC reiterated a "buy" rating and issued a $18.00 price target on shares of DoubleVerify in a research report on Thursday, June 12th. Craig Hallum reiterated a "buy" rating and issued a $20.00 price target on shares of DoubleVerify in a research report on Monday, July 7th. Finally, JMP Securities reissued a "market outperform" rating and issued a $20.00 price objective on shares of DoubleVerify in a research note on Tuesday. Fourteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, DoubleVerify presently has an average rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Stock Down 1.7%

NYSE:DV traded down $0.26 during trading hours on Friday, reaching $15.00. The company's stock had a trading volume of 3,287,002 shares, compared to its average volume of 1,934,122. The company has a market capitalization of $2.45 billion, a P/E ratio of 51.71, a price-to-earnings-growth ratio of 2.24 and a beta of 1.06. 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 quick ratio of 4.41 and a current ratio of 4.41. The stock has a 50 day moving average price of $15.52 and a two-hundred day moving average price of $14.75.

DoubleVerify (NYSE:DV - Get Free Report) last issued 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). The business had revenue of $189.02 million during 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 business's quarterly revenue was up 21.3% on a year-over-year basis. During the same period last year, the firm earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Equities analysts predict 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.