Janney Montgomery Scott LLC Sells 87,196 Shares of DoubleVerify Holdings, Inc. $DV

Janney Montgomery Scott LLC decreased its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 80.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,151 shares of the company's stock after selling 87,196 shares during the quarter. Janney Montgomery Scott LLC's holdings in DoubleVerify were worth $229,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its holdings in DoubleVerify by 154.5% in the 4th quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company's stock worth $28,000 after purchasing an additional 1,492 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of DoubleVerify by 124.3% during the 4th quarter. UMB Bank n.a. now owns 2,757 shares of the company's stock valued at $32,000 after purchasing an additional 1,528 shares in the last quarter. Clearstead Advisors LLC boosted its stake in shares of DoubleVerify by 81.2% during the 4th quarter. Clearstead Advisors LLC now owns 3,724 shares of the company's stock valued at $43,000 after purchasing an additional 1,669 shares in the last quarter. Allworth Financial LP increased its position in shares of DoubleVerify by 121.9% during the fourth quarter. Allworth Financial LP now owns 4,699 shares of the company's stock valued at $54,000 after buying an additional 2,581 shares during the period. Finally, Hantz Financial Services Inc. increased its position in shares of DoubleVerify by 37.2% during the fourth quarter. Hantz Financial Services Inc. now owns 4,731 shares of the company's stock valued at $54,000 after buying an additional 1,284 shares during the period. Institutional investors own 97.29% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on DV shares. Scotiabank lowered shares of DoubleVerify from an "outperform" rating to a "sector perform" rating and lowered their price objective for the stock from $15.00 to $13.60 in a report on Friday, August 7th. Truist Financial lowered DoubleVerify from a "buy" rating to a "hold" rating and decreased their target price for the stock from $16.00 to $13.60 in a research report on Friday, August 7th. Nomura set a $13.60 target price on DoubleVerify in a research note on Friday, August 7th. The Goldman Sachs Group lifted their price target on DoubleVerify from $10.50 to $12.00 and gave the company a "neutral" rating in a research report on Thursday, May 7th. Finally, Wall Street Zen cut DoubleVerify from a "buy" rating to a "hold" rating in a research note on Sunday, April 19th. Three analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, DoubleVerify currently has an average rating of "Hold" and an average price target of $14.18.

DoubleVerify Trading Down 0.0%

NYSE DV opened at $13.29 on Friday. DoubleVerify Holdings, Inc. has a 12 month low of $7.64 and a 12 month high of $16.44. The company has a current ratio of 4.50, a quick ratio of 4.77 and a debt-to-equity ratio of 0.01. The stock's fifty day moving average price is $11.30 and its 200-day moving average price is $10.52. The stock has a market cap of $2.06 billion, a P/E ratio of 36.93, a P/E/G ratio of 1.59 and a beta of 0.98.

DoubleVerify Profile

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company's platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify's offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.

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