DoubleVerify Holdings, Inc. (NYSE:DV) Stock Position Decreased by Renaissance Technologies LLC

Renaissance Technologies LLC cut its holdings in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 81.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 35,800 shares of the company's stock after selling 156,900 shares during the period. Renaissance Technologies LLC's holdings in DoubleVerify were worth $688,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in DoubleVerify by 168.0% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock valued at $30,000 after purchasing an additional 981 shares during the last quarter. 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. Quadrant Capital Group LLC boosted its position in shares of DoubleVerify by 171.6% in the fourth quarter. Quadrant Capital Group LLC now owns 2,034 shares of the company's stock worth $39,000 after acquiring an additional 1,285 shares during the last quarter. Allianz SE purchased a new stake in DoubleVerify in the fourth quarter valued at approximately $41,000. Finally, Aster Capital Management DIFC Ltd increased its position in DoubleVerify by 50.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,912 shares of the company's stock worth $75,000 after purchasing an additional 1,317 shares during the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DV shares. Robert W. Baird reissued a "neutral" rating and set a $14.00 price objective (down from $20.00) on shares of DoubleVerify in a research note on Friday, March 28th. JMP Securities reissued a "market outperform" rating and set a $25.00 price target on shares of DoubleVerify in a research report on Monday, January 27th. Cannonball Research downgraded DoubleVerify to a "neutral" rating in a report on Sunday, March 2nd. Stifel Nicolaus decreased their target price on DoubleVerify from $20.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Finally, The Goldman Sachs Group cut their price target 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. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $20.23.

DoubleVerify Stock Up 0.5 %

Shares of DoubleVerify stock traded up $0.07 on Tuesday, hitting $13.50. 2,580,413 shares of the company's stock traded hands, compared to its average volume of 2,450,165. The firm's 50-day moving average is $13.66 and its 200 day moving average is $17.79. The stock has a market cap of $2.19 billion, a P/E ratio of 36.47, a PEG ratio of 2.63 and a beta of 1.03. DoubleVerify Holdings, Inc. has a 52-week low of $11.52 and a 52-week high of $31.11.

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.