HighTower Advisors LLC Acquires 10,464 Shares of DoubleVerify Holdings, Inc. $DV

HighTower Advisors LLC increased its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 84.6% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 22,835 shares of the company’s stock after purchasing an additional 10,464 shares during the quarter. HighTower Advisors LLC’s holdings in DoubleVerify were worth $305,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Covestor Ltd increased its stake in DoubleVerify by 13.9% during the 1st quarter. Covestor Ltd now owns 7,291 shares of the company’s stock worth $97,000 after purchasing an additional 889 shares in the last quarter. Nuveen Asset Management LLC grew its stake in shares of DoubleVerify by 0.5% during the 4th quarter. Nuveen Asset Management LLC now owns 380,005 shares of the company’s stock worth $7,300,000 after acquiring an additional 1,779 shares in the last quarter. Signaturefd LLC grew its stake in shares of DoubleVerify by 582.9% during the 1st quarter. Signaturefd LLC now owns 2,322 shares of the company’s stock worth $31,000 after acquiring an additional 1,982 shares in the last quarter. Avantax Advisory Services Inc. grew its stake in shares of DoubleVerify by 11.4% during the 1st quarter. Avantax Advisory Services Inc. now owns 25,926 shares of the company’s stock worth $347,000 after acquiring an additional 2,659 shares in the last quarter. Finally, Versant Capital Management Inc bought a new position in shares of DoubleVerify during the 1st quarter worth approximately $40,000. 97.29% of the stock is owned by institutional investors.

DoubleVerify Stock Down 2.0%

Shares of NYSE DV opened at $15.95 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 4.41. DoubleVerify Holdings, Inc. has a 52 week low of $11.52 and a 52 week high of $23.11. The stock has a market capitalization of $2.61 billion, a P/E ratio of 55.00, a PEG ratio of 2.43 and a beta of 1.06. The stock’s fifty day moving average is $15.48 and its 200 day moving average is $14.90.

DoubleVerify (NYSE:DV) last released its earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The business had revenue of $189.02 million during the quarter, compared to the consensus estimate of $171.14 million. During the same quarter in the prior year, the firm earned $0.04 EPS. The business’s revenue was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DV shares. JPMorgan Chase & Co. raised shares of DoubleVerify from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $18.00 to $19.00 in a research note on Friday, August 1st. Wells Fargo & Company set a $13.00 price target on shares of DoubleVerify and gave the stock an “underweight” rating in a research note on Thursday, June 12th. JMP Securities reissued a “market outperform” rating and issued a $20.00 price objective on shares of DoubleVerify in a report on Tuesday. Barclays increased their price objective on DoubleVerify from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Finally, Craig Hallum reissued a “buy” rating and issued a $20.00 price objective on shares of DoubleVerify in a report on Monday, July 7th. Fourteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.13.

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.