State of Alaska Department of Revenue Boosts Stock Holdings in DoubleVerify Holdings, Inc. $DV

State of Alaska Department of Revenue raised its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 3.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 80,356 shares of the company’s stock after purchasing an additional 2,558 shares during the period. State of Alaska Department of Revenue’s holdings in DoubleVerify were worth $1,202,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC increased its position in DoubleVerify by 669.2% during the 1st quarter. SG Americas Securities LLC now owns 45,200 shares of the company’s stock valued at $604,000 after purchasing an additional 39,324 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of DoubleVerify by 36.5% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 81,672 shares of the company’s stock valued at $1,092,000 after buying an additional 21,829 shares in the last quarter. ING Groep NV boosted its holdings in shares of DoubleVerify by 32.9% in the 1st quarter. ING Groep NV now owns 503,900 shares of the company’s stock valued at $6,737,000 after buying an additional 124,800 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of DoubleVerify by 5.6% in the 1st quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company’s stock valued at $246,891,000 after buying an additional 984,779 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of DoubleVerify by 3.2% in the 1st quarter. Northern Trust Corp now owns 1,153,839 shares of the company’s stock valued at $15,427,000 after buying an additional 36,009 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Craig Hallum restated a “buy” rating and issued a $20.00 price target on shares of DoubleVerify in a report on Monday, July 7th. BMO Capital Markets restated an “outperform” rating and issued a $27.00 price target (up from $26.00) on shares of DoubleVerify in a report on Wednesday, August 6th. JMP Securities restated a “market outperform” rating and issued a $20.00 price target on shares of DoubleVerify in a report on Tuesday, September 2nd. Needham & Company LLC restated a “buy” rating and issued a $18.00 price target on shares of DoubleVerify in a report on Thursday, June 12th. Finally, JPMorgan Chase & Co. upgraded shares of DoubleVerify from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $18.00 to $19.00 in a research note on Friday, August 1st. Fourteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.13.

Insiders Place Their Bets

In related news, Director Lucy Stamell Dobrin sold 6,392 shares of the business’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $14.51, for a total transaction of $92,747.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Andrew E. Grimmig sold 4,096 shares of the business’s stock in a transaction 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 transaction, the insider owned 96,301 shares of the company’s stock, valued at $1,250,949.99. This represents a 4.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 3.59% of the company’s stock.

DoubleVerify Stock Performance

Shares of NYSE DV opened at $11.30 on Friday. The company has a 50 day simple moving average of $14.46 and a two-hundred day simple moving average of $14.17. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 38.95, a PEG ratio of 1.69 and a beta of 0.99. The company has a current ratio of 4.41, a quick ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify Holdings, Inc. has a 12 month low of $11.16 and a 12 month high of $23.11.

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

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.