111 Capital Takes $444,000 Position in DoubleVerify Holdings, Inc. $DV

111 Capital purchased a new stake in DoubleVerify Holdings, Inc. (NYSE:DV) during the 2nd quarter, Holdings Channel reports. The firm purchased 29,636 shares of the company’s stock, valued at approximately $444,000.

Several other large investors have also modified their holdings of the business. Woodline Partners LP grew its position in shares of DoubleVerify by 2.5% in the first quarter. Woodline Partners LP now owns 30,825 shares of the company’s stock valued at $412,000 after purchasing an additional 762 shares during the last quarter. Covestor Ltd grew its position in shares of DoubleVerify by 13.9% in the first quarter. Covestor Ltd now owns 7,291 shares of the company’s stock valued at $97,000 after purchasing an additional 889 shares during the last quarter. Signaturefd LLC grew its position in shares of DoubleVerify by 582.9% in the first quarter. Signaturefd LLC now owns 2,322 shares of the company’s stock valued at $31,000 after purchasing an additional 1,982 shares during the last quarter. Parallel Advisors LLC grew its position in shares of DoubleVerify by 572.1% in the second quarter. Parallel Advisors LLC now owns 2,386 shares of the company’s stock valued at $36,000 after purchasing an additional 2,031 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of 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 during the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other DoubleVerify news, insider Andrew E. Grimmig sold 4,096 shares of the stock in a transaction that occurred 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 trade represents a 4.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the firm’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 disclosure for this sale can be found here. Company insiders own 3.00% of the company’s stock.

DoubleVerify Stock Performance

NYSE:DV opened at $11.30 on Monday. The company has a quick ratio of 4.41, a current ratio of 4.41 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.85 billion, a P/E ratio of 38.95, a P/E/G ratio of 1.69 and a beta of 0.99. DoubleVerify Holdings, Inc. has a fifty-two week low of $11.16 and a fifty-two week high of $23.11. The firm’s 50 day moving average is $14.46 and its two-hundred day moving average is $14.17.

DoubleVerify (NYSE:DV) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The company 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 business’s revenue for the quarter was up 21.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Analysts expect that DoubleVerify Holdings, Inc. will post 0.36 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of DoubleVerify from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, June 12th. Morgan Stanley raised their target price on shares of DoubleVerify from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Wells Fargo & Company set a $13.00 target price on shares of DoubleVerify and gave the stock an “underweight” rating in a research report on Thursday, June 12th. Barclays raised their target price on shares of DoubleVerify from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. Finally, Truist Financial restated a “buy” rating and set a $22.00 target price (up previously from $21.00) on shares of DoubleVerify in a research report on Thursday, June 12th. Fourteen equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.13.

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.