Voya Investment Management LLC Has $565,000 Stock Position in DoubleVerify Holdings, Inc. $DV

Key Points

• Voya Investment Management LLC reduced its stake in DoubleVerify Holdings by 34.4%, holding 42,288 shares valued at $565,000 as of the latest SEC filing.
• UBS Asset Management increased its position in DoubleVerify by 10.4%, acquiring an additional 43,343 shares for a total of $6,174,000 in holdings.
• Analysts have recently upgraded their ratings for DoubleVerify, with target prices ranging from $18.00 to $27.00, indicating a general positive outlook for the company's stock.

Voya Investment Management LLC trimmed its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 34.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,288 shares of the company's stock after selling 22,218 shares during the period. Voya Investment Management LLC's holdings in DoubleVerify were worth $565,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in DoubleVerify by 10.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 461,814 shares of the company's stock valued at $6,174,000 after purchasing an additional 43,343 shares in the last quarter. Woodline Partners LP grew its stake in DoubleVerify by 2.5% in the first quarter. Woodline Partners LP now owns 30,825 shares of the company's stock valued at $412,000 after purchasing an additional 762 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its stake in DoubleVerify by 14.0% in the first quarter. Dynamic Technology Lab Private Ltd now owns 63,488 shares of the company's stock valued at $849,000 after purchasing an additional 7,782 shares in the last quarter. Teza Capital Management LLC grew its stake in DoubleVerify by 21.1% in the first quarter. Teza Capital Management LLC now owns 26,827 shares of the company's stock valued at $359,000 after purchasing an additional 4,673 shares in the last quarter. Finally, Newtyn Management LLC purchased a new position in DoubleVerify in the first quarter valued at about $11,953,000. 97.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity at DoubleVerify

In related news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrew E. Grimmig sold 4,096 shares of the stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value of $53,207.04. Following the sale, the insider owned 96,301 shares of the company's stock, valued at approximately $1,250,949.99. The trade was a 4.08% decrease in their position. The disclosure for this sale can be found here. 3.59% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

DV has been the topic of a number of recent research reports. Truist Financial restated a "buy" rating and issued a $22.00 target price (up previously from $21.00) on shares of DoubleVerify in a research note on Thursday, June 12th. BMO Capital Markets restated an "outperform" rating and issued a $27.00 target price (up previously from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Morgan Stanley boosted their target price on DoubleVerify from $17.00 to $18.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 6th. JPMorgan Chase & Co. upgraded DoubleVerify from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $18.00 to $19.00 in a research note on Friday, August 1st. Finally, Barclays upped their price target on DoubleVerify from $16.00 to $18.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $19.13.

DoubleVerify Stock Performance

DV opened at $11.91 on Friday. The company has a market cap of $1.95 billion, a PE ratio of 41.05, a price-to-earnings-growth ratio of 1.77 and a beta of 1.06. The stock has a 50-day moving average of $14.87 and a 200-day moving average of $14.27. DoubleVerify Holdings, Inc. has a 52-week low of $11.52 and a 52-week high of $23.11. 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 (NYSE:DV - Get Free Report) last announced its 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). DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The business had revenue of $189.02 million for the quarter, compared to the consensus estimate of $171.14 million. During the same quarter in the previous year, the company earned $0.04 EPS. DoubleVerify's revenue for the quarter was up 21.3% compared to the same quarter last year. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, equities research analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.