Trexquant Investment LP Sells 29,836 Shares of DoubleVerify Holdings, Inc. $DV

Key Points

• Trexquant Investment LP decreased its stake in DoubleVerify Holdings, Inc. by 2.8%, owning 1,036,223 shares worth approximately $13.85 million after the sale.
• Multiple institutional investors have increased their positions in DoubleVerify, including Vanguard Group, which added 5.6% to its holdings, bringing their total to 18,466,076 shares.
• DoubleVerify reported a quarterly revenue of $189.02 million, exceeding analyst expectations, although it missed EPS estimates with $0.05 compared to the consensus of $0.06.

Trexquant Investment LP lessened its stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 2.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,036,223 shares of the company's stock after selling 29,836 shares during the period. Trexquant Investment LP owned 0.64% of DoubleVerify worth $13,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DV. Covestor Ltd lifted its stake in shares of DoubleVerify by 13.9% in the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock valued at $97,000 after purchasing an additional 889 shares during the last quarter. Nuveen Asset Management LLC lifted its holdings in shares of DoubleVerify by 0.5% in the 4th quarter. Nuveen Asset Management LLC now owns 380,005 shares of the company's stock valued at $7,300,000 after buying an additional 1,779 shares during the period. Signaturefd LLC increased its position in DoubleVerify by 582.9% during the first quarter. Signaturefd LLC now owns 2,322 shares of the company's stock worth $31,000 after buying an additional 1,982 shares in the last quarter. Avantax Advisory Services Inc. grew its position in shares of DoubleVerify by 11.4% in the first quarter. Avantax Advisory Services Inc. now owns 25,926 shares of the company's stock valued at $347,000 after purchasing an additional 2,659 shares during the period. Finally, Versant Capital Management Inc acquired a new position in DoubleVerify in the first quarter valued at $40,000. Hedge funds and other institutional investors own 97.29% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on DV shares. Wells Fargo & Company set a $13.00 target price on DoubleVerify and gave the company an "underweight" rating in a report on Thursday, June 12th. Stifel Nicolaus increased their target price on DoubleVerify from $17.00 to $18.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Truist Financial reaffirmed a "buy" rating and issued a $22.00 price target (up from $21.00) on shares of DoubleVerify in a research note on Thursday, June 12th. Needham & Company LLC reaffirmed a "buy" rating and issued a $18.00 price target on shares of DoubleVerify in a research report on Thursday, June 12th. Finally, Raymond James Financial decreased their price objective on DoubleVerify from $22.00 to $16.00 and set an "outperform" rating on the stock in a report on Monday, May 5th. Fourteen equities 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $19.13.

DoubleVerify Stock Down 2.2%

NYSE DV traded down $0.37 on Tuesday, reaching $15.91. The company had a trading volume of 1,293,588 shares, compared to its average volume of 2,421,842. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of 54.72, a price-to-earnings-growth ratio of 2.43 and a beta of 1.06. 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 company's fifty day moving average is $15.46 and its 200-day moving average is $14.89.

DoubleVerify (NYSE:DV - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.06 by ($0.01). DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The business had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. During the same quarter in the prior year, the company earned $0.04 earnings per share. The company's quarterly revenue was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. On average, research analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal 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.