Harbor Capital Advisors Inc. Boosts Stock Position in DoubleVerify Holdings, Inc. $DV

Harbor Capital Advisors Inc. lifted its position in DoubleVerify Holdings, Inc. (NYSE:DV) by 13.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,406 shares of the company’s stock after buying an additional 3,261 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in DoubleVerify were worth $425,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Parallel Advisors LLC raised its holdings in shares of DoubleVerify by 572.1% in the 2nd quarter. Parallel Advisors LLC now owns 2,386 shares of the company’s stock valued at $36,000 after buying an additional 2,031 shares during the period. Central Pacific Bank Trust Division raised its holdings in shares of DoubleVerify by 91.1% in the 2nd quarter. Central Pacific Bank Trust Division now owns 13,047 shares of the company’s stock valued at $195,000 after buying an additional 6,220 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of DoubleVerify by 10.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 461,814 shares of the company’s stock valued at $6,174,000 after buying an additional 43,343 shares during the period. Woodline Partners LP raised its holdings in shares of DoubleVerify by 2.5% in the 1st quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock valued at $412,000 after buying an additional 762 shares during the period. Finally, Dynamic Technology Lab Private Ltd raised its holdings in shares of DoubleVerify by 14.0% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 63,488 shares of the company’s stock valued at $849,000 after buying an additional 7,782 shares during the period. Hedge funds and other institutional investors own 97.29% of the company’s stock.

Wall Street Analyst Weigh In

DV has been the subject of several analyst reports. Barclays boosted their target price on DoubleVerify from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. Needham & Company LLC restated a “buy” rating and set a $18.00 price target on shares of DoubleVerify in a report on Thursday, June 12th. JMP Securities restated a “market outperform” rating and set a $20.00 price target on shares of DoubleVerify in a report on Tuesday, September 2nd. Wells Fargo & Company set a $13.00 price target on DoubleVerify and gave the stock an “underweight” rating in a report on Thursday, June 12th. Finally, Morgan Stanley upped their price target on DoubleVerify from $17.00 to $18.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.13.

Insider Buying and Selling

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of the 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. Also, insider Andrew E. Grimmig sold 4,096 shares of the stock in a transaction that occurred on Wednesday, September 17th. The stock was sold at an average price of $12.99, for a total value of $53,207.04. Following the transaction, the insider directly owned 96,301 shares of the company’s stock, valued at approximately $1,250,949.99. This trade represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.59% of the stock is currently owned by company insiders.

DoubleVerify Stock Down 0.3%

DoubleVerify stock opened at $12.74 on Friday. DoubleVerify Holdings, Inc. has a twelve month low of $11.52 and a twelve month high of $23.11. The stock has a 50 day moving average of $15.18 and a two-hundred day moving average of $14.37. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of 43.93, a PEG ratio of 1.91 and a beta of 1.06.

DoubleVerify (NYSE:DV) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). DoubleVerify had a return on equity of 4.86% and a net margin of 7.38%.The company had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. During the same period in the previous year, the business posted $0.04 earnings per share. The firm’s revenue was up 21.3% compared to the same quarter last year. DoubleVerify has set its Q3 2025 guidance at EPS. As a group, research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

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.