DoubleVerify Holdings, Inc. $DV Position Trimmed by Trexquant Investment LP

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 reduced its position in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 2.8% during the first quarter, according to its most recent 13F filing with the SEC. The firm 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 SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Covestor Ltd raised its position in DoubleVerify by 13.9% in the 1st quarter. Covestor Ltd now owns 7,291 shares of the company's stock worth $97,000 after purchasing an additional 889 shares during the period. Nuveen Asset Management LLC lifted its position in DoubleVerify by 0.5% during the 4th quarter. Nuveen Asset Management LLC now owns 380,005 shares of the company's stock valued at $7,300,000 after acquiring an additional 1,779 shares during the period. Signaturefd LLC boosted its holdings in DoubleVerify by 582.9% in the first quarter. Signaturefd LLC now owns 2,322 shares of the company's stock worth $31,000 after acquiring an additional 1,982 shares in the last quarter. Avantax Advisory Services Inc. raised its stake 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 worth $347,000 after purchasing an additional 2,659 shares during the last quarter. Finally, Versant Capital Management Inc purchased a new position in shares of DoubleVerify during the first quarter valued at approximately $40,000. Institutional investors own 97.29% of the company's stock.

DoubleVerify Trading Down 0.1%

Shares of NYSE DV traded down $0.01 during midday trading on Wednesday, reaching $15.95. 415,137 shares of the stock were exchanged, compared to its average volume of 2,413,674. The company has a market capitalization of $2.61 billion, a P/E ratio of 54.92, 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 52-week low of $11.52 and a 52-week high of $23.11. The stock has a 50 day moving average price of $15.48 and a 200-day moving average price of $14.90.

DoubleVerify (NYSE:DV - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $189.02 million for the quarter, compared to analysts' expectations of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The business's revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Equities research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DV shares. Truist Financial reissued a "buy" rating and set a $22.00 price target (up from $21.00) on shares of DoubleVerify in a report on Thursday, June 12th. BMO Capital Markets restated an "outperform" rating and set a $27.00 price target (up previously from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Craig Hallum reaffirmed a "buy" rating and issued a $20.00 price target on shares of DoubleVerify in a report on Monday, July 7th. JPMorgan Chase & Co. raised DoubleVerify from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $18.00 to $19.00 in a report on Friday, August 1st. Finally, Morgan Stanley boosted their price objective on DoubleVerify from $17.00 to $18.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target 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.