DoubleVerify Holdings, Inc. (NYSE:DV) Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC increased its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 5.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 26,600 shares of the company’s stock after acquiring an additional 1,300 shares during the quarter. Calamos Advisors LLC’s holdings in DoubleVerify were worth $978,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in shares of DoubleVerify by 40.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 192,772 shares of the company’s stock worth $5,388,000 after buying an additional 55,322 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its stake in DoubleVerify by 135.8% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 58,160 shares of the company’s stock worth $1,625,000 after acquiring an additional 33,499 shares during the last quarter. Moody National Bank Trust Division purchased a new stake in DoubleVerify in the fourth quarter valued at $1,590,000. Vanguard Group Inc. lifted its stake in shares of DoubleVerify by 15.1% in the 3rd quarter. Vanguard Group Inc. now owns 13,493,302 shares of the company’s stock valued at $377,138,000 after purchasing an additional 1,768,064 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of DoubleVerify by 110.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,100,529 shares of the company’s stock worth $30,760,000 after purchasing an additional 577,018 shares during the period. 97.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of DoubleVerify from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, February 29th. Macquarie upgraded shares of DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 price objective on the stock in a report on Monday, March 11th. Truist Financial dropped their target price on shares of DoubleVerify from $43.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, February 29th. Bank of America decreased their price target on DoubleVerify from $47.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. Finally, Barclays dropped their price objective on DoubleVerify from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, February 29th. One analyst has rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat.com, DoubleVerify currently has an average rating of “Moderate Buy” and a consensus price target of $42.50.

Insider Buying and Selling

In other DoubleVerify news, insider Julie Eddleman sold 900 shares of the firm’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $30.30, for a total value of $27,270.00. Following the sale, the insider now directly owns 137,668 shares in the company, valued at $4,171,340.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other DoubleVerify news, insider Julie Eddleman sold 900 shares of the stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $30.30, for a total value of $27,270.00. Following the transaction, the insider now directly owns 137,668 shares in the company, valued at $4,171,340.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Nicola T. Allais sold 5,292 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $32.53, for a total transaction of $172,148.76. Following the sale, the chief financial officer now owns 73,030 shares of the company’s stock, valued at approximately $2,375,665.90. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,239 shares of company stock worth $2,879,693. Corporate insiders own 3.27% of the company’s stock.

DoubleVerify Stock Performance

DV stock opened at $29.43 on Monday. The company’s 50 day moving average price is $34.80 and its 200 day moving average price is $34.17. The firm has a market capitalization of $5.05 billion, a price-to-earnings ratio of 71.78, a PEG ratio of 3.14 and a beta of 1.04. DoubleVerify Holdings, Inc. has a fifty-two week low of $26.23 and a fifty-two week high of $43.00.

DoubleVerify (NYSE:DV) last posted its quarterly earnings results on Wednesday, February 28th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.13 by $0.06. DoubleVerify had a net margin of 12.48% and a return on equity of 7.29%. The company had revenue of $172.23 million during the quarter, compared to analysts’ expectations of $171.85 million. Equities analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current fiscal year.

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.