DoubleVerify Holdings, Inc. $DV Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 1,278.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 862,047 shares of the company’s stock after purchasing an additional 799,528 shares during the period. SG Americas Securities LLC’s holdings in DoubleVerify were worth $8,189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Clearstead Advisors LLC increased its holdings in DoubleVerify by 210.0% in the third quarter. Clearstead Advisors LLC now owns 2,055 shares of the company’s stock valued at $25,000 after buying an additional 1,392 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in DoubleVerify by 154.5% during the 4th quarter. Quadrant Capital Group LLC now owns 2,458 shares of the company’s stock worth $28,000 after buying an additional 1,492 shares during the last quarter. UMB Bank n.a. lifted its holdings in DoubleVerify by 124.3% during 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 last quarter. Tower Research Capital LLC TRC boosted its position in shares of DoubleVerify by 253.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,709 shares of the company’s stock worth $56,000 after acquiring an additional 2,660 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of DoubleVerify by 624.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,635 shares of the company’s stock worth $69,000 after acquiring an additional 3,995 shares in the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DV. Wall Street Zen lowered DoubleVerify from a “buy” rating to a “hold” rating in a research report on Sunday, April 19th. Raymond James Financial reaffirmed an “outperform” rating and issued a $14.00 price target on shares of DoubleVerify in a report on Thursday, May 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of DoubleVerify in a research note on Monday, April 20th. The Goldman Sachs Group raised their price objective on shares of DoubleVerify from $10.50 to $12.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, Wells Fargo & Company reduced their price objective on shares of DoubleVerify from $9.00 to $8.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Eleven research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.70.

DoubleVerify Stock Performance

DV opened at $10.81 on Friday. The business’s 50-day simple moving average is $10.27 and its 200-day simple moving average is $10.35. DoubleVerify Holdings, Inc. has a one year low of $7.64 and a one year high of $16.82. The stock has a market capitalization of $1.66 billion, a P/E ratio of 32.75, a price-to-earnings-growth ratio of 1.22 and a beta of 1.00.

About DoubleVerify

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.