Northern Trust Corp Has $15.43 Million Stock Holdings in DoubleVerify Holdings, Inc. $DV

Key Points

• Northern Trust Corp increased its stake in DoubleVerify Holdings, Inc. by 3.2%, owning approximately 1.15 million shares valued at about $15.43 million as of the end of the last quarter.
• JPMorgan and Barclays have upgraded DoubleVerify's rating to overweight, with price targets set between $18.00 and $20.00, reflecting positive analyst sentiment on the stock.
• DoubleVerify's latest quarterly results showed a revenue increase of 21.3% year-over-year, though it missed earnings estimates, reporting an EPS of $0.05 against a consensus of $0.06.

Northern Trust Corp increased its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 3.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,153,839 shares of the company's stock after buying an additional 36,009 shares during the quarter. Northern Trust Corp owned about 0.71% of DoubleVerify worth $15,427,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC increased its holdings in shares of DoubleVerify by 582.9% during 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 bought a new position in shares of DoubleVerify in the first quarter valued at $40,000. Headlands Technologies LLC lifted its stake 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 buying an additional 3,914 shares in the last quarter. Redwood Investments LLC acquired a new position in shares of DoubleVerify during the fourth quarter valued at about $94,000. Finally, Covestor Ltd increased its position in shares of DoubleVerify by 13.9% during the first quarter. Covestor Ltd now owns 7,291 shares of the company's stock worth $97,000 after acquiring an additional 889 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company's stock.

Analyst Ratings Changes

Several brokerages recently weighed in on DV. JPMorgan Chase & Co. raised shares of DoubleVerify from a "neutral" rating to an "overweight" rating and raised their price target for the company from $18.00 to $19.00 in a research report on Friday, August 1st. Barclays raised their target price on DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Stifel Nicolaus upped their price target on DoubleVerify from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. JMP Securities reissued a "market outperform" rating and issued a $20.00 price target on shares of DoubleVerify in a research report on Tuesday. Finally, Needham & Company LLC restated a "buy" rating and set a $18.00 price objective on shares of DoubleVerify in a research note on Thursday, June 12th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, DoubleVerify currently has an average rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Price Performance

Shares of NYSE:DV opened at $15.95 on Wednesday. The company has a market capitalization of $2.61 billion, a P/E ratio of 55.00, a price-to-earnings-growth ratio of 2.43 and a beta of 1.06. The company's 50-day moving average is $15.48 and its 200 day moving average is $14.90. 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 fifty-two week low of $11.52 and a fifty-two week high of $23.11.

DoubleVerify (NYSE:DV - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The business's revenue was up 21.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast 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.

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