DoubleVerify Holdings, Inc. (NYSE:DV – Get Rating) insider Andrew E. Grimmig sold 1,700 shares of the stock in a transaction that occurred on Thursday, September 15th. The stock was sold at an average price of $29.04, for a total transaction of $49,368.00. Following the completion of the sale, the insider now owns 53,606 shares of the company’s stock, valued at approximately $1,556,718.24. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
DoubleVerify Stock Performance
DoubleVerify stock opened at $27.49 on Tuesday. The business’s 50-day simple moving average is $25.77 and its 200-day simple moving average is $24.00. DoubleVerify Holdings, Inc. has a 52 week low of $17.22 and a 52 week high of $40.79. The firm has a market capitalization of $4.51 billion, a PE ratio of 88.68 and a beta of 0.77.
DoubleVerify (NYSE:DV – Get Rating) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.02. The company had revenue of $109.81 million during the quarter, compared to analysts’ expectations of $101.85 million. DoubleVerify had a return on equity of 6.45% and a net margin of 12.93%. Research analysts forecast that DoubleVerify Holdings, Inc. will post 0.28 earnings per share for the current year.
Institutional Investors Weigh In On DoubleVerify
Analyst Ratings Changes
Several analysts recently issued reports on the company. Royal Bank of Canada increased their price objective on DoubleVerify from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. TheStreet upgraded DoubleVerify from a “d+” rating to a “c-” rating in a report on Wednesday, September 7th. Capital One Financial began coverage on DoubleVerify in a report on Wednesday, August 3rd. They issued an “overweight” rating and a $30.00 price objective on the stock. The Goldman Sachs Group started coverage on shares of DoubleVerify in a research note on Friday, July 15th. They issued a “buy” rating and a $30.00 target price for the company. Finally, Barclays boosted their target price on shares of DoubleVerify from $21.00 to $27.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 4th. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, DoubleVerify has a consensus rating of “Moderate Buy” and a consensus target price of $33.62.
DoubleVerify Holdings, Inc provides a software platform for digital media measurement, data, and analytics in the United States and internationally. Its solutions provide advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments.
- Get a free copy of the StockNews.com research report on DoubleVerify (DV)
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