Yousif Capital Management LLC Decreases Position in DoubleVerify Holdings, Inc. (NYSE:DV)

Yousif Capital Management LLC lessened its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 2.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,940 shares of the company’s stock after selling 1,345 shares during the quarter. Yousif Capital Management LLC’s holdings in DoubleVerify were worth $694,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings 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 acquiring an additional 143,773 shares during the last quarter. Mackenzie Financial Corp lifted its position in shares of DoubleVerify by 20.1% in the 4th quarter. Mackenzie Financial Corp now owns 5,661,283 shares of the company’s stock worth $108,753,000 after purchasing an additional 948,529 shares during the period. Burgundy Asset Management Ltd. boosted its position in shares of DoubleVerify by 73.2% during the fourth quarter. Burgundy Asset Management Ltd. now owns 4,906,913 shares of the company’s stock valued at $94,262,000 after purchasing an additional 2,073,279 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of DoubleVerify by 29.5% in the 4th quarter. AQR Capital Management LLC now owns 2,602,929 shares of the company’s stock worth $50,002,000 after acquiring an additional 592,435 shares in the last quarter. Finally, Geneva Capital Management LLC grew its stake in shares of DoubleVerify by 0.8% in 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. 97.29% of the stock is owned by institutional investors.

DoubleVerify Price Performance

NYSE:DV opened at $14.17 on Friday. The firm has a market cap of $2.30 billion, a P/E ratio of 50.62, a price-to-earnings-growth ratio of 2.15 and a beta of 1.03. The stock has a 50 day moving average of $13.69 and a two-hundred day moving average of $16.73. DoubleVerify Holdings, Inc. has a 12 month low of $11.52 and a 12 month high of $23.11. The company has a current ratio of 3.72, a quick ratio of 3.72 and a debt-to-equity ratio of 0.01.

DoubleVerify (NYSE:DV) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.01). DoubleVerify had a return on equity of 4.73% and a net margin of 7.55%. The business had revenue of $165.06 million during the quarter, compared to analysts’ expectations of $153.07 million. During the same period in the prior year, the business posted $0.04 earnings per share. The business’s quarterly revenue was up 17.2% on a year-over-year basis. On average, analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Morgan Stanley cut their price target on shares of DoubleVerify from $18.50 to $17.00 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. Loop Capital cut DoubleVerify from a “buy” rating to a “hold” rating and reduced their price target for the stock from $24.00 to $16.00 in a research report on Tuesday, March 4th. Baird R W downgraded DoubleVerify from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Needham & Company LLC reiterated a “buy” rating and issued a $18.00 price target on shares of DoubleVerify in a research note on Thursday, June 12th. Finally, Royal Bank Of Canada lowered their price objective on shares of DoubleVerify from $24.00 to $21.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $18.86.

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.