Amundi Raises Stock Holdings in DoubleVerify Holdings, Inc. (NYSE:DV)

Amundi boosted its holdings in DoubleVerify Holdings, Inc. (NYSE:DV) by 72.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 525,922 shares of the company’s stock after purchasing an additional 220,614 shares during the period. Amundi owned about 0.31% of DoubleVerify worth $10,497,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. True Wealth Design LLC acquired a new stake in DoubleVerify during the third quarter valued at approximately $29,000. Smartleaf Asset Management LLC raised its stake in DoubleVerify by 168.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,565 shares of the company’s stock valued at $30,000 after buying an additional 981 shares in the last quarter. GAMMA Investing LLC raised its stake in DoubleVerify by 73.6% during the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company’s stock valued at $39,000 after buying an additional 863 shares in the last quarter. KBC Group NV raised its stake in DoubleVerify by 35.8% during the third quarter. KBC Group NV now owns 5,022 shares of the company’s stock valued at $85,000 after buying an additional 1,325 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in DoubleVerify during the fourth quarter valued at approximately $113,000. Hedge funds and other institutional investors own 97.29% of the company’s stock.

DoubleVerify Trading Up 3.2 %

Shares of NYSE DV opened at $14.39 on Friday. DoubleVerify Holdings, Inc. has a twelve month low of $13.42 and a twelve month high of $35.57. The company has a market capitalization of $2.39 billion, a price-to-earnings ratio of 38.90, a PEG ratio of 2.63 and a beta of 1.06. The firm has a 50-day moving average of $19.58 and a two-hundred day moving average of $18.99.

Insider Buying and Selling at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 2,220 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total transaction of $47,974.20. Following the completion of the sale, the chief financial officer now directly owns 85,882 shares of the company’s stock, valued at approximately $1,855,910.02. This represents a 2.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.00% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

DV has been the topic of several research reports. The Goldman Sachs Group restated a “neutral” rating and set a $20.00 price objective (down previously from $24.00) on shares of DoubleVerify in a research note on Friday, February 28th. Stifel Nicolaus set a $20.00 price target on DoubleVerify in a report on Friday, February 28th. Loop Capital downgraded shares of DoubleVerify from a “buy” rating to a “hold” rating and reduced their price target for the company from $24.00 to $16.00 in a report on Tuesday, March 4th. Canaccord Genuity Group lowered their price target on shares of DoubleVerify from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, JMP Securities restated a “market outperform” rating and set a $25.00 price target on shares of DoubleVerify in a research report on Monday, January 27th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

About DoubleVerify

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.