DoubleVerify Holdings, Inc. (NYSE:DV) Shares Bought by Nebula Research & Development LLC

Nebula Research & Development LLC boosted its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 69.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,372 shares of the company's stock after acquiring an additional 22,747 shares during the quarter. Nebula Research & Development LLC's holdings in DoubleVerify were worth $1,064,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in DoubleVerify in the fourth quarter worth about $33,957,000. Rockefeller Capital Management L.P. purchased a new position in DoubleVerify during the 4th quarter valued at $14,932,000. Goodman Financial Corp bought a new position in DoubleVerify in the 4th quarter valued at $13,199,000. ZWJ Investment Counsel Inc. purchased a new stake in DoubleVerify in the fourth quarter worth $6,568,000. Finally, Trexquant Investment LP lifted its position in shares of DoubleVerify by 43.4% during the fourth quarter. Trexquant Investment LP now owns 1,066,059 shares of the company's stock worth $20,479,000 after purchasing an additional 322,615 shares during the last quarter. 97.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on DV shares. Needham & Company LLC restated a "buy" rating and set a $18.00 price objective on shares of DoubleVerify in a report on Wednesday, April 16th. Baird R W downgraded DoubleVerify from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. The Goldman Sachs Group dropped their target price on shares of DoubleVerify from $20.00 to $15.50 and set a "neutral" rating on the stock in a report on Monday, April 14th. Royal Bank of Canada boosted their price target on shares of DoubleVerify from $22.00 to $24.00 and gave the company an "outperform" rating in a report on Friday, January 3rd. Finally, JMP Securities reiterated a "market outperform" rating and set a $25.00 price objective on shares of DoubleVerify in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $20.83.

DoubleVerify Trading Down 1.7 %

Shares of NYSE DV traded down $0.23 during midday trading on Wednesday, reaching $13.24. The company had a trading volume of 1,988,842 shares, compared to its average volume of 2,430,840. The stock has a market cap of $2.15 billion, a P/E ratio of 35.78, a P/E/G ratio of 2.63 and a beta of 1.04. DoubleVerify Holdings, Inc. has a 1 year low of $11.52 and a 1 year high of $31.11. The business's 50-day simple moving average is $14.35 and its 200 day simple moving average is $17.90.

Insider Buying and Selling

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the company's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the completion of the transaction, the chief financial officer now owns 85,882 shares in the company, valued at approximately $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 3.59% of the stock is currently owned by corporate insiders.

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.