DoubleVerify Holdings, Inc. (NYSE:DV) Insider Julie Eddleman Sells 900 Shares

DoubleVerify Holdings, Inc. (NYSE:DV) insider Julie Eddleman sold 900 shares of the stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $30.85, for a total value of $27,765.00. Following the sale, the insider now directly owns 139,802 shares in the company, valued at $4,312,891.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Julie Eddleman also recently made the following trade(s):

• On Tuesday, April 2nd, Julie Eddleman sold 900 shares of DoubleVerify stock. The shares were sold at an average price of $33.05, for a total value of $29,745.00.
• On Tuesday, March 5th, Julie Eddleman sold 900 shares of DoubleVerify stock. The shares were sold at an average price of $30.30, for a total value of $27,270.00.

DoubleVerify Stock Up 0.4 %

DV stock opened at $30.14 on Friday. The business’s 50-day moving average price is $35.05 and its 200-day moving average price is $34.07. The stock has a market cap of $5.18 billion, a P/E ratio of 73.51, a PEG ratio of 3.21 and a beta of 1.04. DoubleVerify Holdings, Inc. has a twelve month low of $26.23 and a twelve month high of $43.00.

DoubleVerify (NYSE:DV) last issued its earnings results on Wednesday, February 28th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.06. The company had revenue of $172.23 million for the quarter, compared to the consensus estimate of $171.85 million. DoubleVerify had a return on equity of 7.29% and a net margin of 12.48%. On average, equities research analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Barclays dropped their price objective on DoubleVerify from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, February 29th. KeyCorp increased their price objective on DoubleVerify from $40.00 to $48.00 and gave the company an “overweight” rating in a research report on Monday, February 26th. Robert W. Baird raised their target price on DoubleVerify from $38.00 to $44.00 and gave the stock an “outperform” rating in a research report on Thursday, January 18th. JMP Securities dropped their target price on DoubleVerify from $45.00 to $40.00 and set a “market outperform” rating on the stock in a research report on Thursday, February 29th. Finally, Royal Bank of Canada raised their target price on DoubleVerify from $40.00 to $49.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $42.50.

Institutional Trading of DoubleVerify

A number of large investors have recently added to or reduced their stakes in the company. Shaker Investments LLC OH increased its stake in DoubleVerify by 0.4% in the 4th quarter. Shaker Investments LLC OH now owns 75,927 shares of the company’s stock worth $2,793,000 after acquiring an additional 280 shares during the last quarter. Assetmark Inc. increased its stake in DoubleVerify by 15.1% in the 3rd quarter. Assetmark Inc. now owns 3,279 shares of the company’s stock worth $92,000 after acquiring an additional 430 shares during the last quarter. Huntington National Bank increased its position in shares of DoubleVerify by 41.6% during the 3rd quarter. Huntington National Bank now owns 1,495 shares of the company’s stock valued at $42,000 after purchasing an additional 439 shares during the last quarter. MetLife Investment Management LLC increased its position in shares of DoubleVerify by 13.0% during the 4th quarter. MetLife Investment Management LLC now owns 4,052 shares of the company’s stock valued at $89,000 after purchasing an additional 467 shares during the last quarter. Finally, American International Group Inc. increased its position in shares of DoubleVerify by 5.8% during the 4th quarter. American International Group Inc. now owns 8,871 shares of the company’s stock valued at $326,000 after purchasing an additional 483 shares during the last quarter. Institutional investors own 97.29% 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.