Janus Henderson Group PLC Has $8.94 Million Stake in DoubleVerify Holdings, Inc. (NYSE:DV)

Janus Henderson Group PLC raised its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 26.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 465,293 shares of the company's stock after buying an additional 97,979 shares during the period. Janus Henderson Group PLC owned about 0.28% of DoubleVerify worth $8,939,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DV. ZWJ Investment Counsel Inc. bought a new position in shares of DoubleVerify during the fourth quarter worth approximately $6,568,000. Fort Washington Investment Advisors Inc. OH increased its stake in shares of DoubleVerify by 19.0% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 1,010,596 shares of the company's stock worth $19,414,000 after purchasing an additional 161,170 shares during the period. SG Americas Securities LLC bought a new position in shares of DoubleVerify during the fourth quarter worth approximately $113,000. Janney Montgomery Scott LLC bought a new position in shares of DoubleVerify during the fourth quarter worth approximately $475,000. Finally, KBC Group NV increased its stake in shares of DoubleVerify by 29.7% during the fourth quarter. KBC Group NV now owns 6,516 shares of the company's stock worth $125,000 after purchasing an additional 1,494 shares during the period. Institutional investors own 97.29% of the company's stock.

DoubleVerify Stock Down 3.3%

Shares of DV stock traded down $0.47 during trading hours on Wednesday, reaching $13.66. The company's stock had a trading volume of 2,399,371 shares, compared to its average volume of 2,323,371. The firm's 50 day simple moving average is $13.40 and its 200-day simple moving average is $17.57. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 36.91, a PEG ratio of 2.63 and a beta of 1.03. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.52 and a fifty-two week high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). DoubleVerify had a net margin of 10.33% and a return on equity of 5.99%. The firm had revenue of $165.06 million for the quarter, compared to analyst estimates of $153.07 million. During the same period last year, the business earned $0.04 EPS. The company's revenue was up 17.2% compared to the same quarter last year. Sell-side analysts predict that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Analysts Set New Price Targets

DV has been the topic of a number of recent research reports. Royal Bank of Canada lowered their target price on DoubleVerify from $24.00 to $21.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Barclays lowered their price objective on DoubleVerify from $24.00 to $16.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Loop Capital lowered DoubleVerify from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $24.00 to $16.00 in a research note on Tuesday, March 4th. Morgan Stanley lowered their price objective on DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Finally, Needham & Company LLC restated a "buy" rating and set a $18.00 price objective on shares of DoubleVerify in a research note on Monday, May 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $19.31.

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.