Fort Washington Investment Advisors Inc. OH Acquires 747,252 Shares of DoubleVerify Holdings, Inc. $DV

Key Points

• Fort Washington Investment Advisors Inc. OH increased its stake in DoubleVerify Holdings, Inc. by 99.6%, acquiring an additional 747,252 shares during the second quarter, bringing its total ownership to approximately 1.5 million shares valued at $22.4 million.
• The stock has a current market cap of $1.95 billion and analysts have set an average price target of $19.13, indicating a moderate buy consensus with multiple ratings from different firms.
• DoubleVerify reported quarterly earnings, posting a net margin of 7.38% and revenues of $189.02 million, which exceeded analysts’ expectations of $171.14 million.

Fort Washington Investment Advisors Inc. OH boosted its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 99.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,497,444 shares of the company's stock after acquiring an additional 747,252 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned 0.92% of DoubleVerify worth $22,417,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC increased its position in shares of DoubleVerify by 669.2% during the 1st 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 during the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of DoubleVerify by 36.5% during the 1st 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 during the last quarter. ING Groep NV increased its position in shares of DoubleVerify by 32.9% during the 1st 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 during the last quarter. Vanguard Group Inc. increased its position in shares of DoubleVerify by 5.6% during the 1st 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 during the last quarter. Finally, Northern Trust Corp increased its position in shares of DoubleVerify by 3.2% during the 1st quarter. Northern Trust Corp now owns 1,153,839 shares of the company's stock valued at $15,427,000 after purchasing an additional 36,009 shares during the last quarter. 97.29% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DV shares. BMO Capital Markets reiterated an "outperform" rating and set a $27.00 price objective (up from $26.00) on shares of DoubleVerify in a research report on Wednesday, August 6th. Wells Fargo & Company set a $13.00 price objective on DoubleVerify and gave the company an "underweight" rating in a research report on Thursday, June 12th. JPMorgan Chase & Co. upgraded DoubleVerify from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $18.00 to $19.00 in a research report on Friday, August 1st. Needham & Company LLC restated a "buy" rating and set a $18.00 price target on shares of DoubleVerify in a research report on Thursday, June 12th. Finally, Craig Hallum restated a "buy" rating and set a $20.00 price target on shares of DoubleVerify in a research report on Monday, July 7th. Fourteen investment 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $19.13.

DoubleVerify Trading Up 0.4%

NYSE DV opened at $11.91 on Monday. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.52 and a fifty-two week 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 simple moving average of $14.87 and a two-hundred day simple moving average of $14.27. The stock has a market cap of $1.95 billion, a P/E ratio of 41.05, a price-to-earnings-growth ratio of 1.78 and a beta of 1.06.

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

Insider Activity at DoubleVerify

In other DoubleVerify news, insider Andrew E. Grimmig sold 4,096 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $12.99, for a total value of $53,207.04. Following the completion of the sale, the insider owned 96,301 shares in the company, valued at approximately $1,250,949.99. This trade represents a 4.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total value of $92,747.92. The disclosure for this sale can be found here. Company insiders own 3.00% of the company's stock.

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.

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