DoubleVerify Holdings, Inc. $DV Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC trimmed its position in DoubleVerify Holdings, Inc. (NYSE:DV) by 36.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 62,136 shares of the company’s stock after selling 35,004 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in DoubleVerify were worth $958,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Pallas Capital Advisors LLC acquired a new position in DoubleVerify in the second quarter worth about $287,000. Harbor Capital Advisors Inc. grew its stake in DoubleVerify by 13.0% in the second quarter. Harbor Capital Advisors Inc. now owns 28,406 shares of the company’s stock worth $425,000 after purchasing an additional 3,261 shares in the last quarter. Parallel Advisors LLC grew its stake in DoubleVerify by 572.1% in the second quarter. Parallel Advisors LLC now owns 2,386 shares of the company’s stock worth $36,000 after purchasing an additional 2,031 shares in the last quarter. Central Pacific Bank Trust Division grew its stake in DoubleVerify by 91.1% in the second quarter. Central Pacific Bank Trust Division now owns 13,047 shares of the company’s stock worth $195,000 after purchasing an additional 6,220 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in DoubleVerify by 10.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 461,814 shares of the company’s stock worth $6,174,000 after purchasing an additional 43,343 shares in the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Lucy Stamell Dobrin sold 6,392 shares of DoubleVerify stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total value of $92,747.92. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Andrew E. Grimmig sold 4,096 shares of the company’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total transaction of $53,207.04. Following the completion of the sale, the insider 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 position. The disclosure for this sale can be found here. Company insiders own 3.59% of the company’s stock.

DoubleVerify Stock Performance

Shares of DV opened at $11.30 on Thursday. The firm has a 50-day moving average price of $14.63 and a 200 day moving average price of $14.22. The firm has a market capitalization of $1.85 billion, a PE ratio of 38.95, a P/E/G ratio of 1.79 and a beta of 0.99. The company has a quick ratio of 4.41, a current ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify Holdings, Inc. has a 52-week low of $11.27 and a 52-week high of $23.11.

DoubleVerify (NYSE:DV) last announced 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 company 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 company earned $0.04 EPS. The business’s quarterly revenue was up 21.3% on a year-over-year basis. DoubleVerify has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on DV shares. Wells Fargo & Company set a $13.00 target price on DoubleVerify and gave the company an “underweight” rating in a research note on Thursday, June 12th. BMO Capital Markets restated an “outperform” rating and issued a $27.00 target price (up from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Stifel Nicolaus lifted their target price on DoubleVerify from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, June 12th. Truist Financial restated a “buy” rating and issued a $22.00 target price (up from $21.00) on shares of DoubleVerify in a research note on Thursday, June 12th. Finally, Barclays boosted their price target on shares of DoubleVerify from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Wednesday, August 6th. Fourteen investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $19.13.

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.