Cwm LLC Purchases 18,193 Shares of DoubleVerify Holdings, Inc. $DV

Cwm LLC increased its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 35.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,129 shares of the company’s stock after buying an additional 18,193 shares during the period. Cwm LLC’s holdings in DoubleVerify were worth $1,050,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Woodline Partners LP raised its stake in DoubleVerify by 2.5% during the first quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock worth $412,000 after buying an additional 762 shares during the last quarter. Covestor Ltd raised its stake in DoubleVerify by 13.9% during the first quarter. Covestor Ltd now owns 7,291 shares of the company’s stock worth $97,000 after buying an additional 889 shares during the last quarter. Signaturefd LLC raised its stake in DoubleVerify by 582.9% during the first quarter. Signaturefd LLC now owns 2,322 shares of the company’s stock worth $31,000 after buying an additional 1,982 shares during the last quarter. Parallel Advisors LLC grew its holdings 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 during the period. Finally, GAMMA Investing LLC increased its stake in DoubleVerify by 176.7% in the second quarter. GAMMA Investing LLC now owns 3,414 shares of the company’s stock valued at $51,000 after purchasing an additional 2,180 shares in the last quarter. Institutional investors own 97.29% of the company’s stock.

Insider Activity

In related news, insider Andrew E. Grimmig sold 4,096 shares of the business’s stock in a transaction dated 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 directly owned 96,301 shares in the company, valued at approximately $1,250,949.99. The trade was a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the business’s stock in a transaction dated Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The disclosure for this sale can be found here. 3.00% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DV has been the subject of several research analyst reports. Barclays lifted their price target on shares of DoubleVerify from $16.00 to $18.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Morgan Stanley decreased their price target on shares of DoubleVerify from $18.00 to $16.50 and set an “equal weight” rating for the company in a research note on Monday. Craig Hallum reaffirmed a “buy” rating and issued a $20.00 price target on shares of DoubleVerify in a research note on Monday, July 7th. JPMorgan Chase & Co. raised shares of DoubleVerify from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $18.00 to $19.00 in a research note on Friday, August 1st. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $20.00 price target on shares of DoubleVerify in a research note on Tuesday, September 2nd. Fourteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.79.

DoubleVerify Stock Up 1.8%

Shares of NYSE DV opened at $11.46 on Wednesday. The stock has a market capitalization of $1.88 billion, a P/E ratio of 39.52, a P/E/G ratio of 1.68 and a beta of 0.99. The company has a 50-day moving average price of $13.46 and a 200-day moving average price of $13.97. DoubleVerify Holdings, Inc. has a 1 year low of $10.73 and a 1 year high of $23.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.41 and a quick ratio of 4.41.

DoubleVerify (NYSE:DV) last issued its quarterly earnings data 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). The business had revenue of $189.02 million for the quarter, compared to analyst estimates of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. The firm’s quarterly revenue was up 21.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.04 earnings per share. DoubleVerify has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current fiscal 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.