DoubleVerify Holdings, Inc. (NYSE:DV) Stake Boosted by Wellington Management Group LLP

Wellington Management Group LLP lifted its stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 415,337 shares of the company's stock after purchasing an additional 49,078 shares during the period. Wellington Management Group LLP owned about 0.25% of DoubleVerify worth $7,979,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in DoubleVerify by 1.9% during the fourth 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. GAMMA Investing LLC lifted its holdings in DoubleVerify by 73.6% in the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company's stock valued at $39,000 after acquiring an additional 863 shares during the period. Smartleaf Asset Management LLC boosted its holdings in DoubleVerify by 168.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company's stock worth $30,000 after buying an additional 981 shares in the last quarter. Summit Creek Advisors LLC grew its holdings in shares of DoubleVerify by 0.3% in the 4th quarter. Summit Creek Advisors LLC now owns 368,578 shares of the company's stock worth $7,080,000 after acquiring an additional 1,153 shares during the period. Finally, KBC Group NV increased its position in shares of DoubleVerify by 29.7% in the fourth quarter. KBC Group NV now owns 6,516 shares of the company's stock valued at $125,000 after buying an additional 1,494 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DV shares. Loop Capital cut shares of DoubleVerify from a "buy" rating to a "hold" rating and cut their target price for the stock from $24.00 to $16.00 in a research report on Tuesday, March 4th. Needham & Company LLC reissued a "buy" rating and issued a $18.00 price target on shares of DoubleVerify in a report on Wednesday. JMP Securities reiterated a "market outperform" rating and set a $25.00 price objective on shares of DoubleVerify in a research report on Monday, January 27th. Morgan Stanley decreased their price target on shares of DoubleVerify from $21.00 to $19.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Finally, Barclays cut their price objective on shares of DoubleVerify from $25.00 to $24.00 and set an "overweight" rating for the company in a research report on Friday, February 28th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $21.58.

DoubleVerify Trading Down 0.2 %

DV stock traded down $0.02 during trading on Wednesday, reaching $12.19. The stock had a trading volume of 123,694 shares, compared to its average volume of 2,419,246. The firm has a fifty day moving average price of $16.30 and a 200 day moving average price of $18.19. The company has a market capitalization of $2.02 billion, a P/E ratio of 32.95, a PEG 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 $31.15.

Insider Buying and Selling

In related news, CFO Nicola T. Allais sold 2,220 shares of DoubleVerify stock in a transaction dated Tuesday, February 4th. The stock was 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 directly owns 85,882 shares in the company, valued at approximately $1,855,910.02. This trade represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.00% of the company's stock.

DoubleVerify Company 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.