Nuveen LLC Makes New $5.14 Million Investment in DoubleVerify Holdings, Inc. $DV

Key Points

• Nuveen LLC has acquired a new position in DoubleVerify Holdings, purchasing 384,682 shares valued at approximately $5.14 million, representing about 0.24% of the company's stock.
• DoubleVerify recently reported a 21.3% year-over-year increase in revenue, totaling $189.02 million, but missed earnings expectations with $0.05 earnings per share.
• Analysts have a mixed outlook on DoubleVerify, with an average rating of "Moderate Buy" and a consensus target price of $19.13, with significant institutional ownership at 97.29%.

Nuveen LLC acquired a new stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 384,682 shares of the company's stock, valued at approximately $5,143,000. Nuveen LLC owned 0.24% of DoubleVerify at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. First Trust Advisors LP boosted its stake in DoubleVerify by 132.0% during the fourth quarter. First Trust Advisors LP now owns 504,493 shares of the company's stock worth $9,691,000 after buying an additional 287,046 shares during the period. Dimensional Fund Advisors LP boosted its stake in DoubleVerify by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,121,416 shares of the company's stock worth $40,754,000 after buying an additional 10,803 shares during the period. State of Tennessee Department of Treasury boosted its stake in DoubleVerify by 15.1% during the fourth quarter. State of Tennessee Department of Treasury now owns 68,657 shares of the company's stock worth $1,319,000 after buying an additional 9,000 shares during the period. Hsbc Holdings PLC boosted its stake in DoubleVerify by 51.0% during the fourth quarter. Hsbc Holdings PLC now owns 146,552 shares of the company's stock worth $2,824,000 after buying an additional 49,528 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of DoubleVerify in the fourth quarter valued at approximately $2,008,000. Hedge funds and other institutional investors own 97.29% of the company's stock.

DoubleVerify Stock Up 0.1%

DV stock traded up $0.02 during midday trading on Friday, reaching $16.29. 1,602,125 shares of the company were exchanged, compared to its average volume of 2,411,765. 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 1-year low of $11.52 and a 1-year high of $23.11. The stock's 50-day simple moving average is $15.42 and its 200 day simple moving average is $14.99. The company has a market cap of $2.66 billion, a price-to-earnings ratio of 56.16, a price-to-earnings-growth ratio of 2.43 and a beta of 1.05.

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 analysts' consensus estimates of $0.06 by ($0.01). The business had revenue of $189.02 million during the quarter, compared to analyst estimates of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The business's revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.04 earnings per share. DoubleVerify has set its Q3 2025 guidance at EPS. On average, equities analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Barclays raised their price target on shares of DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. Stifel Nicolaus raised their price target on shares of DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a research report on Thursday, June 12th. Needham & Company LLC reissued a "buy" rating and issued a $18.00 price target on shares of DoubleVerify in a research report on Thursday, June 12th. Truist Financial reissued a "buy" rating and issued a $22.00 price target (up previously from $21.00) on shares of DoubleVerify in a research report on Thursday, June 12th. Finally, Craig Hallum reaffirmed a "buy" rating and issued a $20.00 target price on shares of DoubleVerify in a report on Monday, July 7th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Company 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.