Research Analysts’ Recent Ratings Changes for DoubleVerify (DV)

Several brokerages have updated their recommendations and price targets on shares of DoubleVerify (NYSE: DV) in the last few weeks:

• 1/27/2025 – DoubleVerify had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $25.00 price target on the stock.
• 1/23/2025 – DoubleVerify had its price target lowered by analysts at Barclays PLC from $27.00 to $25.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – DoubleVerify had its price target lowered by analysts at Morgan Stanley from $21.00 to $19.00. They now have an “equal weight” rating on the stock.
• 1/10/2025 – DoubleVerify had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $25.00 price target on the stock.
• 1/3/2025 – DoubleVerify had its price target raised by analysts at Royal Bank of Canada from $22.00 to $24.00. They now have an “outperform” rating on the stock.
• 12/18/2024 – DoubleVerify is now covered by analysts at Raymond James. They set an “outperform” rating and a $25.00 price target on the stock.
• 12/11/2024 – DoubleVerify had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $22.00 price target on the stock.
• 12/6/2024 – DoubleVerify had its price target raised by analysts at Barclays PLC from $23.00 to $27.00. They now have an “overweight” rating on the stock.
• 12/5/2024 – DoubleVerify is now covered by analysts at Scotiabank. They set a “sector outperform” rating and a $24.00 price target on the stock.

DoubleVerify Stock Down 0.5 %

Shares of DoubleVerify stock opened at $20.57 on Thursday. The firm’s 50-day moving average price is $19.95 and its two-hundred day moving average price is $19.01. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 55.59, a PEG ratio of 2.34 and a beta of 0.98. DoubleVerify Holdings, Inc. has a 12-month low of $16.11 and a 12-month high of $43.00.

Insider Activity

In other DoubleVerify news, CFO Nicola T. Allais sold 1,764 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The shares were sold at an average price of $20.30, for a total value of $35,809.20. Following the sale, the chief financial officer now owns 81,598 shares in the company, valued at $1,656,439.40. This trade represents a 2.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DV. Assenagon Asset Management S.A. lifted its holdings in DoubleVerify by 9.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 4,123,545 shares of the company’s stock worth $69,440,000 after buying an additional 360,445 shares during the period. Geneva Capital Management LLC increased its stake in shares of DoubleVerify by 2.8% in the third quarter. Geneva Capital Management LLC now owns 2,554,477 shares of the company’s stock valued at $43,017,000 after buying an additional 69,780 shares during the period. Geode Capital Management LLC raised its position in shares of DoubleVerify by 0.5% during the third quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company’s stock worth $38,729,000 after acquiring an additional 10,696 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company’s stock worth $34,264,000 after acquiring an additional 94,095 shares during the period. Finally, Brown Capital Management LLC boosted its holdings in DoubleVerify by 0.5% in the third quarter. Brown Capital Management LLC now owns 1,762,674 shares of the company’s stock valued at $29,683,000 after acquiring an additional 7,975 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

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.