Brokerages Set DoubleVerify Holdings, Inc. (NYSE:DV) PT at $19.13

Shares of DoubleVerify Holdings, Inc. (NYSE:DV) have earned an average recommendation of “Moderate Buy” from the twenty-three brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and fourteen have given a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $19.1316.

A number of research firms recently issued reports on DV. BMO Capital Markets reaffirmed an “outperform” rating and set a $27.00 price target (up previously from $26.00) on shares of DoubleVerify in a research note on Wednesday, August 6th. Wells Fargo & Company set a $13.00 target price on shares of DoubleVerify and gave the company an “underweight” rating in a research note on Thursday, June 12th. JPMorgan Chase & Co. raised shares of DoubleVerify from a “neutral” rating to an “overweight” rating and increased their target price for the company from $18.00 to $19.00 in a research note on Friday, August 1st. JMP Securities reissued a “market outperform” rating and issued a $20.00 target price on shares of DoubleVerify in a research note on Tuesday, September 2nd. Finally, Morgan Stanley increased their target price on shares of DoubleVerify from $17.00 to $18.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 6th.

Insider Activity

In related news, insider Andrew E. Grimmig sold 4,096 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lucy Stamell Dobrin sold 6,392 shares of the firm’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. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC purchased a new position in DoubleVerify in the 2nd quarter worth about $184,000. Caxton Associates LLP purchased a new position in DoubleVerify in the 2nd quarter worth about $1,298,000. Public Sector Pension Investment Board increased its stake in DoubleVerify by 3.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 459,803 shares of the company’s stock worth $6,883,000 after buying an additional 14,565 shares during the period. Headlands Technologies LLC increased its stake in DoubleVerify by 258.8% in the 2nd quarter. Headlands Technologies LLC now owns 16,672 shares of the company’s stock worth $250,000 after buying an additional 12,025 shares during the period. Finally, Arohi Asset Management PTE Ltd. bought a new position in DoubleVerify during the 2nd quarter worth about $17,214,000. Hedge funds and other institutional investors own 97.29% of the company’s stock.

DoubleVerify Price Performance

DoubleVerify stock opened at $11.30 on Friday. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 38.95, a PEG ratio of 1.69 and a beta of 0.99. The firm’s fifty day moving average is $14.46 and its 200 day moving average is $14.17. The company has a quick ratio of 4.41, a current ratio of 4.41 and a debt-to-equity ratio of 0.01. DoubleVerify has a 52-week low of $11.16 and a 52-week high of $23.11.

DoubleVerify (NYSE:DV) last released its quarterly earnings results 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 analysts’ expectations of $171.14 million. DoubleVerify had a net margin of 7.38% and a return on equity of 4.86%. DoubleVerify’s revenue for the quarter was up 21.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.04 EPS. DoubleVerify has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that DoubleVerify will post 0.36 EPS for the current fiscal year.

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.