Blair William & Co. IL Has $1.68 Million Position in DoubleVerify Holdings, Inc. (NYSE:DV)

Blair William & Co. IL cut its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by 20.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 87,675 shares of the company’s stock after selling 22,417 shares during the quarter. Blair William & Co. IL owned approximately 0.05% of DoubleVerify worth $1,684,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of DV. Disciplined Growth Investors Inc. MN bought a new position in DoubleVerify during the 3rd quarter worth $19,457,000. Goodman Financial Corp acquired a new stake in shares of DoubleVerify during the 4th quarter worth $13,199,000. Repertoire Partners LP increased its position in shares of DoubleVerify by 1,041.7% in the third quarter. Repertoire Partners LP now owns 685,000 shares of the company’s stock worth $11,535,000 after purchasing an additional 625,000 shares during the period. ZWJ Investment Counsel Inc. acquired a new position in DoubleVerify in the fourth quarter valued at about $6,568,000. Finally, Holocene Advisors LP bought a new stake in DoubleVerify during the third quarter worth about $5,283,000. Institutional investors own 97.29% of the company’s stock.

DoubleVerify Stock Performance

Shares of NYSE DV opened at $13.54 on Wednesday. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 36.58, a PEG ratio of 2.63 and a beta of 1.06. DoubleVerify Holdings, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $34.39. The firm’s 50-day simple moving average is $18.28 and its 200 day simple moving average is $18.60.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DV. Cannonball Research cut shares of DoubleVerify to a “neutral” rating in a research report on Sunday, March 2nd. Stifel Nicolaus set a $20.00 price objective on DoubleVerify in a research report on Friday, February 28th. Loop Capital lowered shares of DoubleVerify from a “buy” rating to a “hold” rating and decreased their price target for the company from $24.00 to $16.00 in a report on Tuesday, March 4th. Bank of America raised DoubleVerify from an “underperform” rating to a “neutral” rating in a report on Friday, February 28th. Finally, Scotiabank started coverage on DoubleVerify in a research note on Thursday, December 5th. They set a “sector outperform” rating and a $24.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $22.00.

Insider Activity

In other news, CFO Nicola T. Allais sold 2,220 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the completion of the sale, the chief financial officer now owns 85,882 shares in the company, valued at $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 3.00% 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.