Fox Run Management L.L.C. Makes New $242,000 Investment in DoubleVerify Holdings, Inc. $DV

Fox Run Management L.L.C. purchased a new position in DoubleVerify Holdings, Inc. (NYSE:DV) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,189 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Signaturefd LLC increased its position in shares of DoubleVerify by 582.9% in the 1st quarter. Signaturefd LLC now owns 2,322 shares of the company’s stock valued at $31,000 after acquiring an additional 1,982 shares during the period. Parallel Advisors LLC increased its holdings 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 period. Farther Finance Advisors LLC raised its stake in shares of DoubleVerify by 3,035.6% in the second quarter. Farther Finance Advisors LLC now owns 3,167 shares of the company’s stock worth $47,000 after purchasing an additional 3,066 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of DoubleVerify by 176.7% during the second quarter. GAMMA Investing LLC now owns 3,414 shares of the company’s stock worth $51,000 after purchasing an additional 2,180 shares during the period. Finally, Bessemer Group Inc. boosted its position in DoubleVerify by 223.1% in the second quarter. Bessemer Group Inc. now owns 3,741 shares of the company’s stock valued at $56,000 after buying an additional 2,583 shares during the last quarter. 97.29% of the stock is currently owned by institutional investors and hedge funds.

DoubleVerify Stock Performance

Shares of NYSE DV opened at $10.47 on Friday. The company has a market capitalization of $1.69 billion, a PE ratio of 41.88, a price-to-earnings-growth ratio of 1.74 and a beta of 0.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.41 and a current ratio of 3.98. The company’s fifty day moving average price is $11.85 and its 200 day moving average price is $13.81. DoubleVerify Holdings, Inc. has a 1 year low of $7.64 and a 1 year high of $23.11.

DoubleVerify (NYSE:DV) last released its quarterly earnings data on Friday, November 7th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.13. DoubleVerify had a net margin of 6.10% and a return on equity of 6.59%. The company had revenue of $188.62 million during the quarter, compared to analysts’ expectations of $190.43 million. During the same quarter in the previous year, the company earned $0.10 earnings per share. The firm’s revenue for the quarter was up 11.2% on a year-over-year basis. DoubleVerify has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, research analysts predict that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DV. Scotiabank reissued an “outperform” rating on shares of DoubleVerify in a research report on Monday. Stifel Nicolaus reduced their target price on shares of DoubleVerify from $20.00 to $15.00 and set a “buy” rating for the company in a report on Monday. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $13.50 price target on shares of DoubleVerify in a report on Tuesday, October 14th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of DoubleVerify in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. decreased their price objective on DoubleVerify from $19.00 to $17.00 and set an “overweight” rating for the company in a report on Monday. Twelve research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, DoubleVerify has an average rating of “Hold” and a consensus price target of $16.38.

Insider Transactions at DoubleVerify

In other DoubleVerify news, Director Lucy Stamell Dobrin sold 6,392 shares of the stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $14.51, for a total transaction of $92,747.92. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Andrew E. Grimmig sold 4,096 shares of the firm’s stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $12.99, for a total value of $53,207.04. Following the completion of the sale, the insider directly owned 96,301 shares in the company, valued at approximately $1,250,949.99. The trade was a 4.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,488 shares of company stock valued at $157,255 in the last ninety days. 3.59% of the stock is currently owned by insiders.

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.