DoubleVerify Holdings, Inc. $DV Shares Sold by Jump Financial LLC

Key Points

• Jump Financial LLC significantly decreased its holdings in DoubleVerify Holdings by 62.5% during the 1st quarter, reducing their shares from 149,800 to 56,242.
• Several institutional investors, including Signaturefd LLC and Headlands Technologies LLC, dramatically increased their stakes in DoubleVerify, with Signaturefd lifting its stake by 582.9%.
• Analysts have set varied price targets for DoubleVerify, ranging from $16.00 to $27.00, with a consensus rating of "Moderate Buy" and a target of approximately $19.13.

Jump Financial LLC cut its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 62.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,242 shares of the company's stock after selling 93,558 shares during the period. Jump Financial LLC's holdings in DoubleVerify were worth $752,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DV. Burgundy Asset Management Ltd. boosted its stake in DoubleVerify by 73.2% during the fourth quarter. Burgundy Asset Management Ltd. now owns 4,906,913 shares of the company's stock worth $94,262,000 after buying an additional 2,073,279 shares in the last quarter. Federated Hermes Inc. lifted its holdings in shares of DoubleVerify by 17,284.0% during the 1st quarter. Federated Hermes Inc. now owns 1,663,821 shares of the company's stock worth $22,245,000 after acquiring an additional 1,654,250 shares during the period. BNP Paribas Financial Markets acquired a new stake in shares of DoubleVerify during the 4th quarter valued at about $31,579,000. Alta Fox Capital Management LLC bought a new stake in DoubleVerify in the fourth quarter valued at about $24,267,000. Finally, Vanguard Group Inc. increased its stake in DoubleVerify by 5.6% in the first quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company's stock valued at $246,891,000 after acquiring an additional 984,779 shares during the period. 97.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DV has been the subject of a number of analyst reports. Truist Financial restated a "buy" rating and set a $22.00 price target (up previously from $21.00) on shares of DoubleVerify in a research note on Thursday, June 12th. JMP Securities restated a "market outperform" rating and set a $20.00 target price on shares of DoubleVerify in a research report on Tuesday. Craig Hallum reaffirmed a "buy" rating and issued a $20.00 price target on shares of DoubleVerify in a research note on Monday, July 7th. Wells Fargo & Company set a $13.00 price objective on DoubleVerify and gave the stock an "underweight" rating in a research note on Thursday, June 12th. Finally, JPMorgan Chase & Co. raised DoubleVerify from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $18.00 to $19.00 in a report on Friday, August 1st. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $19.13.

DoubleVerify Trading Down 4.8%

DV stock traded down $0.77 during trading on Thursday, reaching $15.21. 1,299,899 shares of the stock were exchanged, compared to its average volume of 2,413,693. The business has a 50 day moving average price of $15.50 and a 200-day moving average price of $14.91. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 52.38, a P/E/G ratio of 2.43 and a beta of 1.06. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify Holdings, Inc. has a 1 year low of $11.52 and a 1 year high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). The firm had revenue of $189.02 million during 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 firm's revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. On average, research analysts predict that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current 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.