Vanguard Group Inc. Purchases 984,779 Shares of DoubleVerify Holdings, Inc. $DV

Key Points

• Vanguard Group Inc. increased its holdings in DoubleVerify Holdings, Inc. by 5.6%, purchasing an additional 984,779 shares during the first quarter, bringing its total ownership to 11.37%.
• The stock has seen mixed analyst ratings, with a consensus target price of $19.13, while some analysts have set target prices as high as $27.00.
• DoubleVerify reported $0.05 earnings per share for the last quarter, missing estimates, even though its revenue rose 21.3% year-over-year.

Vanguard Group Inc. boosted its position in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 5.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,466,076 shares of the company's stock after acquiring an additional 984,779 shares during the period. Vanguard Group Inc. owned 11.37% of DoubleVerify worth $246,891,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Mackenzie Financial Corp lifted its holdings in shares of DoubleVerify by 1.6% in the 1st quarter. Mackenzie Financial Corp now owns 5,752,688 shares of the company's stock worth $76,913,000 after purchasing an additional 91,405 shares in the last quarter. Burgundy Asset Management Ltd. raised its holdings in DoubleVerify by 73.2% during the fourth quarter. Burgundy Asset Management Ltd. now owns 4,906,913 shares of the company's stock worth $94,262,000 after buying an additional 2,073,279 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of DoubleVerify by 29.5% in the fourth quarter. AQR Capital Management LLC now owns 2,602,929 shares of the company's stock valued at $50,002,000 after buying an additional 592,435 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of DoubleVerify by 0.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,121,416 shares of the company's stock valued at $40,754,000 after buying an additional 10,803 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in shares of DoubleVerify by 17,284.0% during the first quarter. Federated Hermes Inc. now owns 1,663,821 shares of the company's stock valued at $22,245,000 after buying an additional 1,654,250 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company's stock.

DoubleVerify Stock Performance

Shares of NYSE DV traded up $0.6350 during mid-day trading on Friday, reaching $16.1450. 1,206,591 shares of the company's stock were exchanged, compared to its average volume of 2,425,772. The firm has a 50-day moving average price of $15.23 and a two-hundred day moving average price of $15.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.41 and a quick ratio of 4.41. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 55.67, a price-to-earnings-growth ratio of 2.41 and a beta of 1.05. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $23.11.

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 the consensus estimate of $0.06 by ($0.01). The company had revenue of $189.02 million for the quarter, compared to the consensus estimate of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. DoubleVerify's quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Analysts predict that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Analyst Ratings Changes

DV has been the topic of a number of analyst reports. Barclays upped their target price on shares of DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Wells Fargo & Company set a $13.00 price objective on DoubleVerify and gave the stock an "underweight" rating in a research note on Thursday, June 12th. Needham & Company LLC restated a "buy" rating and issued a $18.00 target price on shares of DoubleVerify in a report on Thursday, June 12th. Stifel Nicolaus upped their price target on DoubleVerify from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Finally, Morgan Stanley increased their price target 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $19.13.

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.