DoubleVerify Holdings, Inc. $DV Shares Purchased by Quantbot Technologies LP

Key Points

• Quantbot Technologies LP has significantly increased its stake in DoubleVerify Holdings, acquiring an additional 207,730 shares, which elevates its ownership by 243.1% to a total of 293,177 shares valued at approximately $3.92 million.
• DoubleVerify's stock has displayed a strong performance, with a current market cap of $2.56 billion and a P/E ratio of 53.95, despite a recent earnings report showing EPS of $0.05, slightly below analyst expectations.
• Analysts remain mostly positive on DoubleVerify, with a consensus rating of "Moderate Buy" and an average price target of $19.13, following various upgrades from different investment firms.

Quantbot Technologies LP boosted its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 243.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 293,177 shares of the company's stock after buying an additional 207,730 shares during the period. Quantbot Technologies LP owned 0.18% of DoubleVerify worth $3,920,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in DV. LPL Financial LLC boosted its position in DoubleVerify by 15.3% during the fourth quarter. LPL Financial LLC now owns 31,123 shares of the company's stock valued at $598,000 after purchasing an additional 4,123 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of DoubleVerify by 31.2% during the fourth quarter. Sterling Capital Management LLC now owns 5,108 shares of the company's stock valued at $98,000 after buying an additional 1,214 shares during the last quarter. Marshall Wace LLP bought a new stake in shares of DoubleVerify in the 4th quarter valued at about $4,513,000. Canada Pension Plan Investment Board boosted its holdings in shares of DoubleVerify by 71.9% in the 4th quarter. Canada Pension Plan Investment Board now owns 259,900 shares of the company's stock valued at $4,993,000 after buying an additional 108,700 shares in the last quarter. Finally, First Trust Advisors LP grew its position in shares of DoubleVerify by 132.0% in the 4th 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 last quarter. 97.29% of the stock is owned by institutional investors.

DoubleVerify Stock Performance

NYSE DV traded up $0.6350 on Friday, hitting $16.1450. 1,206,591 shares of the company's stock traded hands, compared to its average volume of 2,425,772. The firm's 50-day moving average price is $15.23 and its two-hundred day moving average price is $15.20. The firm has a market capitalization of $2.64 billion, a PE ratio of 55.67, a P/E/G ratio of 2.41 and a beta of 1.05. 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 released its quarterly earnings data on Tuesday, August 5th. The company reported $0.05 earnings per share 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 return on equity of 4.86% and a net margin of 7.38%.The firm's revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, analysts expect that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analysts Forecast Growth

DV has been the subject of several recent analyst reports. Raymond James Financial lowered their target price on shares of DoubleVerify from $22.00 to $16.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. Barclays upped their target price on DoubleVerify from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. JPMorgan Chase & Co. raised DoubleVerify from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $18.00 to $19.00 in a report on Friday, August 1st. BMO Capital Markets restated an "outperform" rating and set a $27.00 price objective (up previously from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. Finally, Craig Hallum reaffirmed a "buy" rating and issued a $20.00 price objective on shares of DoubleVerify in a research report on Monday, July 7th. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $19.13.

About DoubleVerify

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.