DoubleVerify (NYSE:DV) Shares Down 4.2% After Insider Selling

Shares of DoubleVerify Holdings, Inc. (NYSE:DV) fell 4.2% during trading on Friday after an insider sold shares in the company. The company traded as low as $13.49 and last traded at $13.37. 97,621 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 2,468,499 shares. The stock had previously closed at $13.95.

Specifically, Director Lucy Stamell Dobrin sold 6,392 shares of DoubleVerify stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Analysts Set New Price Targets

Several research firms recently weighed in on DV. BMO Capital Markets reissued an “outperform” rating and set a $27.00 price target (up from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. Needham & Company LLC restated a “buy” rating and set a $18.00 price objective on shares of DoubleVerify in a research note on Thursday, June 12th. Morgan Stanley lifted their price target on DoubleVerify from $17.00 to $18.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th. Barclays boosted their price objective on DoubleVerify from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. upgraded DoubleVerify from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $18.00 to $19.00 in a research report on Friday, August 1st. Fourteen research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, DoubleVerify currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.13.

DoubleVerify Price Performance

The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 44.90, a P/E/G ratio of 2.08 and a beta of 1.06. The company has a fifty day simple moving average of $15.42 and a 200 day simple moving average of $14.53. 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 (NYSE:DV) last announced its earnings results on Tuesday, August 5th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). The company had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.04 earnings per share. DoubleVerify has set its Q3 2025 guidance at EPS. Equities research analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Caxton Associates LLP acquired a new position in shares of DoubleVerify in the 2nd quarter valued at about $1,298,000. Public Sector Pension Investment Board lifted its stake in shares of DoubleVerify by 3.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 459,803 shares of the company’s stock valued at $6,883,000 after purchasing an additional 14,565 shares during the period. Headlands Technologies LLC lifted its stake in shares of DoubleVerify by 258.8% in the 2nd quarter. Headlands Technologies LLC now owns 16,672 shares of the company’s stock valued at $250,000 after purchasing an additional 12,025 shares during the period. Arohi Asset Management PTE Ltd. acquired a new position in shares of DoubleVerify in the 2nd quarter valued at about $17,214,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of DoubleVerify by 253.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,709 shares of the company’s stock valued at $56,000 after purchasing an additional 2,660 shares during the period. 97.29% of the stock is owned by institutional investors and hedge funds.

DoubleVerify Company 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.