DoubleVerify Holdings, Inc. $DV Shares Sold by Intech Investment Management LLC

Key Points

• Intech Investment Management LLC reduced its holdings in DoubleVerify Holdings, Inc. by 14.5%, now owning approximately 356,920 shares worth around $4.77 million after selling 60,631 shares in the first quarter.
• Despite a revenue increase of 21.3% year-over-year, DoubleVerify missed analysts' earnings estimates for the quarter, reporting $0.05 EPS instead of the expected $0.06.
• The stock price of DoubleVerify has dropped by 6.7% recently, currently sitting at $13.02, significantly below its 12-month high of $23.11.

Intech Investment Management LLC trimmed its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 14.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 356,920 shares of the company's stock after selling 60,631 shares during the quarter. Intech Investment Management LLC owned approximately 0.22% of DoubleVerify worth $4,772,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC lifted its position in shares of DoubleVerify by 582.9% in the first quarter. Signaturefd LLC now owns 2,322 shares of the company's stock valued at $31,000 after acquiring an additional 1,982 shares in the last quarter. Versant Capital Management Inc purchased a new stake in shares of DoubleVerify in the first quarter valued at $40,000. Headlands Technologies LLC lifted its position in shares of DoubleVerify by 534.0% in the first quarter. Headlands Technologies LLC now owns 4,647 shares of the company's stock valued at $62,000 after acquiring an additional 3,914 shares in the last quarter. Covestor Ltd lifted its position in shares of DoubleVerify by 13.9% in the first quarter. Covestor Ltd now owns 7,291 shares of the company's stock valued at $97,000 after acquiring an additional 889 shares in the last quarter. Finally, SouthState Corp purchased a new stake in shares of DoubleVerify in the first quarter valued at $137,000. 97.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at DoubleVerify

In related news, Director Lucy Stamell Dobrin sold 6,392 shares of the firm's stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.00% of the company's stock.

DoubleVerify Stock Down 0.5%

Shares of NYSE:DV traded down $0.07 during mid-day trading on Tuesday, hitting $12.94. 3,760,990 shares of the company traded hands, compared to its average volume of 2,506,980. The firm has a market cap of $2.12 billion, a P/E ratio of 44.62, a PEG ratio of 1.95 and a beta of 1.06. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. DoubleVerify Holdings, Inc. has a 52-week low of $11.52 and a 52-week high of $23.11. The firm's 50 day simple moving average is $15.37 and its 200 day simple moving average is $14.42.

DoubleVerify (NYSE:DV - Get Free Report) last announced its 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). The company had revenue of $189.02 million for the quarter, compared to analysts' expectations of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The business's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.04 earnings per share. DoubleVerify has set its Q3 2025 guidance at EPS. On average, equities analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. BMO Capital Markets restated an "outperform" rating and issued a $27.00 price objective (up from $26.00) on shares of DoubleVerify in a research report on Wednesday, August 6th. Truist Financial restated a "buy" rating and issued a $22.00 price objective (up from $21.00) on shares of DoubleVerify in a research report on Thursday, June 12th. Stifel Nicolaus upped 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 report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upgraded DoubleVerify from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $18.00 to $19.00 in a research report on Friday, August 1st. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average 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.