62,326 Shares in DoubleVerify Holdings, Inc. $DV Purchased by Jupiter Topco LLC

Jupiter Topco LLC purchased a new position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 62,326 shares of the company’s stock, valued at approximately $675,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DV. Quantbot Technologies LP bought a new position in shares of DoubleVerify in the 2nd quarter worth about $27,000. Quadrant Capital Group LLC grew its position in shares of DoubleVerify by 154.5% in the fourth quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company’s stock valued at $28,000 after purchasing an additional 1,492 shares during the last quarter. UMB Bank n.a. increased its position in DoubleVerify by 124.3% in the 4th quarter. UMB Bank n.a. now owns 2,757 shares of the company’s stock worth $32,000 after buying an additional 1,528 shares during the period. Bayforest Capital Ltd bought a new position in DoubleVerify during the second quarter worth $36,000. Finally, Clearstead Advisors LLC raised its position in shares of DoubleVerify by 81.2% during the fourth quarter. Clearstead Advisors LLC now owns 3,724 shares of the company’s stock valued at $43,000 after buying an additional 1,669 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

Analyst Ratings Changes

DV has been the subject of a number of recent research reports. Nomura set a $13.60 target price on DoubleVerify in a research note on Friday, August 7th. Scotiabank lowered DoubleVerify from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $15.00 to $13.60 in a research report on Friday, August 7th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $13.60 price objective on shares of DoubleVerify in a report on Friday, August 21st. Canaccord Genuity Group cut DoubleVerify from a “buy” rating to a “hold” rating and lowered their target price for the company from $16.00 to $13.60 in a research note on Friday, August 7th. Finally, BMO Capital Markets set a $13.60 price target on shares of DoubleVerify in a research note on Friday, August 7th. Two equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $13.52.

DoubleVerify Price Performance

NYSE DV opened at $13.36 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.50 and a quick ratio of 4.50. DoubleVerify Holdings, Inc. has a 1 year low of $7.64 and a 1 year high of $15.56. The stock has a market capitalization of $2.07 billion, a PE ratio of 37.11, a PEG ratio of 1.45 and a beta of 0.99. The business’s 50-day moving average is $12.20 and its 200 day moving average is $10.87.

DoubleVerify (NYSE:DV) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.11 by $0.11. The business had revenue of $193.79 million during the quarter, compared to analyst estimates of $202.23 million. DoubleVerify had a net margin of 7.66% and a return on equity of 8.77%. DoubleVerify’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $0.05 earnings per share. Sell-side analysts forecast that DoubleVerify Holdings, Inc. will post 0.59 earnings per share for the current year.

DoubleVerify Company Profile

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.