US Bancorp DE Has $691,000 Stock Position in DoubleVerify Holdings, Inc. (NYSE:DV)

US Bancorp DE reduced its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 45.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,947 shares of the company’s stock after selling 29,770 shares during the quarter. US Bancorp DE’s holdings in DoubleVerify were worth $691,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC bought a new position in shares of DoubleVerify during the 3rd quarter worth approximately $29,000. GAMMA Investing LLC grew its position in DoubleVerify by 73.6% during the fourth quarter. GAMMA Investing LLC now owns 2,036 shares of the company’s stock worth $39,000 after buying an additional 863 shares in the last quarter. Capital Performance Advisors LLP bought a new position in DoubleVerify in the 3rd quarter valued at about $49,000. KBC Group NV raised its holdings in shares of DoubleVerify by 35.8% during the 3rd quarter. KBC Group NV now owns 5,022 shares of the company’s stock worth $85,000 after buying an additional 1,325 shares in the last quarter. Finally, Covestor Ltd grew its holdings in shares of DoubleVerify by 22.8% during the 3rd quarter. Covestor Ltd now owns 6,643 shares of the company’s stock valued at $112,000 after purchasing an additional 1,235 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

DoubleVerify Stock Performance

Shares of DoubleVerify stock opened at $15.19 on Tuesday. The company’s 50 day moving average price is $19.97 and its 200-day moving average price is $19.12. DoubleVerify Holdings, Inc. has a 52-week low of $13.42 and a 52-week high of $35.57. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 41.04, a P/E/G ratio of 2.63 and a beta of 1.06.

Insider Activity at DoubleVerify

In related news, CFO Nicola T. Allais sold 2,071 shares of the company’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $20.51, for a total value of $42,476.21. Following the sale, the chief financial officer now directly owns 85,882 shares of the company’s stock, valued at $1,761,439.82. This represents a 2.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 3.00% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on DV. Stifel Nicolaus set a $20.00 price objective on DoubleVerify in a research note on Friday, February 28th. Needham & Company LLC reissued a “buy” rating and set a $22.00 price target on shares of DoubleVerify in a research report on Wednesday, December 11th. Bank of America upgraded shares of DoubleVerify from an “underperform” rating to a “neutral” rating in a report on Friday, February 28th. Cannonball Research downgraded DoubleVerify to a “neutral” rating in a research note on Sunday, March 2nd. Finally, Canaccord Genuity Group reduced their price target on DoubleVerify from $30.00 to $26.00 and set a “buy” rating for the company in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

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.