DoubleVerify Holdings, Inc. (NYSE:DV – Get Free Report) CFO Nicola T. Allais sold 1,764 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $17.28, for a total value of $30,481.92. Following the completion of the transaction, the chief financial officer now owns 81,598 shares in the company, valued at approximately $1,410,013.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
DoubleVerify Trading Up 0.8 %
NYSE DV opened at $16.89 on Thursday. The firm has a market capitalization of $2.90 billion, a PE ratio of 44.43, a price-to-earnings-growth ratio of 2.32 and a beta of 0.92. The business’s 50-day moving average price is $18.68 and its two-hundred day moving average price is $22.31. DoubleVerify Holdings, Inc. has a 12 month low of $16.52 and a 12 month high of $43.00.
DoubleVerify (NYSE:DV – Get Free Report) last announced its earnings results on Tuesday, July 30th. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The business had revenue of $155.89 million for the quarter, compared to analysts’ expectations of $153.78 million. DoubleVerify had a return on equity of 5.70% and a net margin of 9.97%. The firm’s revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.07 earnings per share. As a group, analysts forecast that DoubleVerify Holdings, Inc. will post 0.3 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on DV
Institutional Investors Weigh In On DoubleVerify
Institutional investors have recently modified their holdings of the company. Assenagon Asset Management S.A. acquired a new stake in DoubleVerify during the second quarter worth approximately $73,268,000. Congress Asset Management Co. MA grew its position in shares of DoubleVerify by 813.2% during the 1st quarter. Congress Asset Management Co. MA now owns 4,017,499 shares of the company’s stock worth $141,255,000 after buying an additional 3,577,575 shares during the period. Burgundy Asset Management Ltd. bought a new stake in shares of DoubleVerify in the 2nd quarter valued at $54,099,000. Mackenzie Financial Corp bought a new stake in shares of DoubleVerify in the 2nd quarter valued at $53,015,000. Finally, Vanguard Group Inc. boosted its stake in DoubleVerify by 15.0% during the fourth quarter. Vanguard Group Inc. now owns 15,510,989 shares of the company’s stock worth $570,494,000 after acquiring an additional 2,017,687 shares in the last quarter. 97.29% of the stock is owned by institutional investors.
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.
See Also
- Five stocks we like better than DoubleVerify
- Want to Profit on the Downtrend? Downtrends, Explained.
- S&P 500 Hitting Resistance: These 3 Stocks Offer the Best Upside
- Stock Splits, Do They Really Impact Investors?
- Nike’s Post-Earnings Drop Presents a Buying Opportunity
- What is an Earnings Surprise?
- Microsoft’s Targeted Upside Might Be Too Good to Ignore
Receive News & Ratings for DoubleVerify Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DoubleVerify and related companies with MarketBeat.com's FREE daily email newsletter.