DoubleVerify Holdings, Inc. (NYSE:DV – Get Rating) CFO Nicola T. Allais sold 1,607 shares of the stock in a transaction dated Friday, January 6th. The stock was sold at an average price of $21.47, for a total transaction of $34,502.29. Following the sale, the chief financial officer now directly owns 54,092 shares in the company, valued at approximately $1,161,355.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
DoubleVerify Stock Up 4.0 %
Shares of NYSE:DV opened at $22.91 on Tuesday. DoubleVerify Holdings, Inc. has a fifty-two week low of $17.22 and a fifty-two week high of $32.43. The firm’s 50 day moving average price is $24.46 and its 200 day moving average price is $25.61. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of 71.60 and a beta of 0.56.
DoubleVerify (NYSE:DV – Get Rating) last released its quarterly earnings data on Tuesday, November 8th. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. DoubleVerify had a net margin of 12.61% and a return on equity of 6.54%. The company had revenue of $112.25 million for the quarter, compared to analysts’ expectations of $109.27 million. During the same quarter last year, the company earned $0.05 earnings per share. The firm’s revenue for the quarter was up 35.1% on a year-over-year basis. On average, equities analysts anticipate that DoubleVerify Holdings, Inc. will post 0.29 EPS for the current year.
Wall Street Analysts Forecast Growth
Institutional Trading of DoubleVerify
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DV. IFP Advisors Inc acquired a new stake in DoubleVerify during the third quarter worth approximately $34,000. Lazard Asset Management LLC purchased a new position in shares of DoubleVerify during the third quarter worth approximately $56,000. UBS Group AG purchased a new position in shares of DoubleVerify during the first quarter worth approximately $72,000. MetLife Investment Management LLC purchased a new position in shares of DoubleVerify during the first quarter worth approximately $95,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of DoubleVerify during the second quarter worth approximately $108,000. Institutional investors and hedge funds own 90.21% of the company’s stock.
DoubleVerify Holdings, Inc provides a software platform for digital media measurement, data, and analytics in the United States and internationally. Its solutions provide advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments.
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