Smartleaf Asset Management LLC Buys 981 Shares of DoubleVerify Holdings, Inc. (NYSE:DV)

Smartleaf Asset Management LLC boosted its stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 168.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,565 shares of the company’s stock after buying an additional 981 shares during the quarter. Smartleaf Asset Management LLC’s holdings in DoubleVerify were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Geneva Capital Management LLC lifted its holdings in DoubleVerify by 2.8% during the 3rd 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 in the last quarter. Geode Capital Management LLC raised its holdings in shares of DoubleVerify by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company’s stock valued at $38,729,000 after purchasing an additional 10,696 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of DoubleVerify by 4.8% in the 3rd quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company’s stock valued at $34,264,000 after purchasing an additional 94,095 shares in the last quarter. Brown Capital Management LLC raised its holdings in shares of DoubleVerify by 0.5% in the 3rd quarter. Brown Capital Management LLC now owns 1,762,674 shares of the company’s stock valued at $29,683,000 after purchasing an additional 7,975 shares in the last quarter. Finally, Disciplined Growth Investors Inc. MN bought a new stake in shares of DoubleVerify in the 3rd quarter valued at about $19,457,000. Institutional investors own 97.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Cannonball Research lowered shares of DoubleVerify to a “neutral” rating in a report on Sunday, March 2nd. Morgan Stanley reduced their price target on shares of DoubleVerify from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Monday, January 13th. Loop Capital lowered shares of DoubleVerify from a “buy” rating to a “hold” rating and reduced their price target for the company from $24.00 to $16.00 in a report on Tuesday, March 4th. Stifel Nicolaus set a $20.00 price target on shares of DoubleVerify in a report on Friday, February 28th. Finally, Royal Bank of Canada boosted their price objective on shares of DoubleVerify from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $23.00.

DoubleVerify Trading Down 2.5 %

NYSE:DV opened at $14.59 on Thursday. The company has a market cap of $2.42 billion, a PE ratio of 39.44, a P/E/G ratio of 2.63 and a beta of 1.06. DoubleVerify Holdings, Inc. has a twelve month low of $13.42 and a twelve month high of $35.57. The company’s 50 day moving average is $19.79 and its two-hundred day moving average is $19.06.

Insider Activity

In other news, CFO Nicola T. Allais sold 2,220 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the sale, the chief financial officer now directly owns 85,882 shares of the company’s stock, valued at $1,855,910.02. This represents a 2.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.00% 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.