DoubleVerify Holdings, Inc. (NYSE:DV) Shares Acquired by Two Sigma Advisers LP

Two Sigma Advisers LP grew its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 8.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 317,875 shares of the company's stock after purchasing an additional 25,475 shares during the period. Two Sigma Advisers LP owned approximately 0.19% of DoubleVerify worth $6,106,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its stake in DoubleVerify by 168.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock valued at $30,000 after buying an additional 981 shares during the last quarter. Quadrant Capital Group LLC raised its holdings in shares of DoubleVerify by 171.6% in the 4th quarter. Quadrant Capital Group LLC now owns 2,034 shares of the company's stock valued at $39,000 after acquiring an additional 1,285 shares in the last quarter. Allianz SE purchased a new position in DoubleVerify in the 4th quarter worth approximately $41,000. Aster Capital Management DIFC Ltd increased its stake in DoubleVerify by 50.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company's stock valued at $75,000 after acquiring an additional 1,317 shares during the last quarter. Finally, Redwood Investments LLC purchased a new position in shares of DoubleVerify during the 4th quarter valued at about $94,000. 97.29% of the stock is owned by institutional investors and hedge funds.

DoubleVerify Stock Up 0.7%

Shares of DoubleVerify stock traded up $0.10 during trading hours on Friday, reaching $13.49. 247,889 shares of the company's stock were exchanged, compared to its average volume of 2,294,785. The company has a market capitalization of $2.19 billion, a P/E ratio of 36.55, a price-to-earnings-growth ratio of 2.63 and a beta of 1.03. The business has a fifty day moving average of $13.27 and a two-hundred day moving average of $17.30. 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 Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by ($0.01). The company had revenue of $165.06 million for the quarter, compared to analyst estimates of $153.07 million. DoubleVerify had a return on equity of 5.99% and a net margin of 10.33%. The business's quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the firm posted $0.04 EPS. As a group, research analysts predict that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analysts Forecast Growth

DV has been the topic of several recent research reports. Raymond James reduced their price target on DoubleVerify from $22.00 to $16.00 and set an "outperform" rating on the stock in a research report on Monday, May 5th. Morgan Stanley cut their price target on DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Stifel Nicolaus cut their price target on shares of DoubleVerify from $20.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Royal Bank of Canada decreased their price objective on shares of DoubleVerify from $24.00 to $21.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $14.00 price objective (down from $20.00) on shares of DoubleVerify in a research report on Friday, March 28th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $19.31.

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.