DoubleVerify Holdings, Inc. (NYSE:DV) Shares Sold by XTX Topco Ltd

XTX Topco Ltd decreased its stake in DoubleVerify Holdings, Inc. (NYSE:DV - Free Report) by 60.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,274 shares of the company's stock after selling 66,394 shares during the period. XTX Topco Ltd's holdings in DoubleVerify were worth $851,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DV. Vanguard Group Inc. increased its stake in shares of DoubleVerify by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 17,481,297 shares of the company's stock worth $335,816,000 after purchasing an additional 143,773 shares during the last quarter. Geneva Capital Management LLC lifted its stake in shares of DoubleVerify by 0.8% during the 4th quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company's stock worth $49,450,000 after buying an additional 19,684 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of DoubleVerify by 0.5% during the third quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company's stock worth $38,729,000 after acquiring an additional 10,696 shares during the period. Principal Financial Group Inc. increased its position in shares of DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company's stock worth $34,264,000 after purchasing an additional 94,095 shares during the period. Finally, Norges Bank bought a new stake in shares of DoubleVerify during the 4th quarter worth approximately $33,957,000. Institutional investors and hedge funds own 97.29% of the company's stock.

Insider Transactions at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the business's stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total transaction of $47,974.20. Following the sale, the chief financial officer now directly owns 85,882 shares in the company, valued at $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.00% of the company's stock.

DoubleVerify Stock Performance

Shares of DV stock traded up $0.18 on Tuesday, reaching $12.39. 168,201 shares of the company were exchanged, compared to its average volume of 2,315,448. The business has a 50-day moving average price of $15.51 and a 200 day moving average price of $18.07. DoubleVerify Holdings, Inc. has a 1 year low of $11.52 and a 1 year high of $31.15. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 33.47, a P/E/G ratio of 2.63 and a beta of 1.04.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on DV shares. Baird R W downgraded shares of DoubleVerify from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Needham & Company LLC restated a "buy" rating and set a $18.00 price target on shares of DoubleVerify in a research note on Wednesday, April 16th. The Goldman Sachs Group decreased their price target on DoubleVerify from $20.00 to $15.50 and set a "neutral" rating on the stock in a research report on Monday, April 14th. Cannonball Research cut DoubleVerify to a "neutral" rating in a research report on Sunday, March 2nd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $25.00 target price 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 issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $20.98.

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.