State of New Jersey Common Pension Fund D Has $2.05 Million Stock Position in DoubleVerify Holdings, Inc. $DV

State of New Jersey Common Pension Fund D increased its position in DoubleVerify Holdings, Inc. (NYSE:DV) by 58.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 136,978 shares of the company’s stock after purchasing an additional 50,306 shares during the quarter. State of New Jersey Common Pension Fund D owned approximately 0.08% of DoubleVerify worth $2,051,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in DoubleVerify by 5.6% in the first quarter. Vanguard Group Inc. now owns 18,466,076 shares of the company’s stock worth $246,891,000 after purchasing an additional 984,779 shares during the period. Mackenzie Financial Corp grew its position in shares of DoubleVerify by 1.6% during the 1st quarter. Mackenzie Financial Corp now owns 5,752,688 shares of the company’s stock worth $76,913,000 after buying an additional 91,405 shares during the period. Burgundy Asset Management Ltd. grew its position in shares of DoubleVerify by 6.5% during the 1st quarter. Burgundy Asset Management Ltd. now owns 5,225,968 shares of the company’s stock worth $69,871,000 after buying an additional 319,055 shares during the period. Sunriver Management LLC acquired a new position in shares of DoubleVerify during the 1st quarter worth about $22,485,000. Finally, Federated Hermes Inc. grew its position in shares of DoubleVerify by 17,284.0% during the 1st quarter. Federated Hermes Inc. now owns 1,663,821 shares of the company’s stock worth $22,245,000 after buying an additional 1,654,250 shares during the period. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DV shares. Morgan Stanley decreased their target price on DoubleVerify from $18.00 to $16.50 and set an “equal weight” rating for the company in a research report on Monday, October 20th. The Goldman Sachs Group restated a “neutral” rating and set a $13.50 target price on shares of DoubleVerify in a research report on Tuesday, October 14th. Craig Hallum restated a “buy” rating and set a $20.00 target price on shares of DoubleVerify in a research report on Monday, July 7th. Wells Fargo & Company decreased their target price on DoubleVerify from $13.00 to $10.00 and set an “underweight” rating for the company in a research report on Tuesday, October 21st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of DoubleVerify in a report on Wednesday, October 8th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, DoubleVerify presently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

DoubleVerify Trading Down 4.3%

NYSE:DV opened at $11.34 on Thursday. DoubleVerify Holdings, Inc. has a fifty-two week low of $10.73 and a fifty-two week 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. The stock has a market capitalization of $1.85 billion, a PE ratio of 39.09, a price-to-earnings-growth ratio of 1.79 and a beta of 0.99. The business’s 50-day simple moving average is $13.00 and its 200-day simple moving average is $13.95.

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

Insider Activity at DoubleVerify

In other DoubleVerify news, insider Andrew E. Grimmig sold 4,096 shares of the business’s 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 sale, the insider owned 96,301 shares in the company, valued at approximately $1,250,949.99. The trade was a 4.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the business’s 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 disclosure for this sale is available in the SEC filing. Insiders own 3.59% of the company’s stock.

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.