Gotham Asset Management LLC Raises Stock Position in DoubleVerify Holdings, Inc. (NYSE:DV)

Gotham Asset Management LLC increased its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 23.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 436,769 shares of the company's stock after acquiring an additional 82,469 shares during the period. Gotham Asset Management LLC owned about 0.26% of DoubleVerify worth $8,390,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DV. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of DoubleVerify by 1.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 28,553 shares of the company's stock worth $549,000 after buying an additional 526 shares during the period. Federated Hermes Inc. lifted its holdings in shares of DoubleVerify by 6.3% during the 4th quarter. Federated Hermes Inc. now owns 9,571 shares of the company's stock worth $184,000 after acquiring an additional 571 shares during the period. GAMMA Investing LLC lifted its holdings in shares of DoubleVerify by 73.6% during the 4th quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock worth $39,000 after acquiring an additional 863 shares during the period. Smartleaf Asset Management LLC increased its position in DoubleVerify by 168.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock worth $30,000 after purchasing an additional 981 shares in the last quarter. Finally, Summit Creek Advisors LLC increased its position in DoubleVerify by 0.3% during the 4th quarter. Summit Creek Advisors LLC now owns 368,578 shares of the company's stock worth $7,080,000 after purchasing an additional 1,153 shares in the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

DoubleVerify Stock Performance

DoubleVerify stock traded down $0.15 during mid-day trading on Friday, hitting $14.25. 1,898,605 shares of the company traded hands, compared to its average volume of 2,365,544. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 38.51, a price-to-earnings-growth ratio of 2.63 and a beta of 1.03. DoubleVerify Holdings, Inc. has a one year low of $11.52 and a one year high of $23.11. The stock has a fifty day moving average price of $13.42 and a 200-day moving average price of $17.62.

DoubleVerify (NYSE:DV - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $165.06 million for the quarter, compared to analysts' expectations of $153.07 million. DoubleVerify had a return on equity of 5.99% and a net margin of 10.33%. The company's revenue was up 17.2% compared to the same quarter last year. During the same period last year, the business posted $0.04 earnings per share. Sell-side analysts predict that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Royal Bank of Canada decreased their price target on shares of DoubleVerify from $24.00 to $21.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Morgan Stanley decreased their price target on shares of DoubleVerify from $18.50 to $17.00 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Raymond James decreased their price target on shares of DoubleVerify from $22.00 to $16.00 and set an "outperform" rating for the company in a research report on Monday, May 5th. Cannonball Research cut shares of DoubleVerify to a "neutral" rating in a research report on Sunday, March 2nd. Finally, Canaccord Genuity Group decreased their price objective on shares of DoubleVerify from $26.00 to $24.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, DoubleVerify has a consensus rating of "Moderate Buy" and an average target price 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.