DoubleVerify Holdings, Inc. (NYSE:DV – Get Free Report) CFO Nicola T. Allais sold 5,292 shares of DoubleVerify stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $30.86, for a total value of $163,311.12. Following the completion of the sale, the chief financial officer now directly owns 73,030 shares of the company’s stock, valued at approximately $2,253,705.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
DoubleVerify Stock Up 0.3 %
Shares of DoubleVerify stock opened at $30.24 on Friday. DoubleVerify Holdings, Inc. has a 52 week low of $26.23 and a 52 week high of $43.00. The stock’s 50-day simple moving average is $33.69 and its 200-day simple moving average is $34.16. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 73.76, a PEG ratio of 3.29 and a beta of 1.04.
DoubleVerify (NYSE:DV – Get Free Report) last issued its earnings results on Wednesday, February 28th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.06. DoubleVerify had a return on equity of 7.29% and a net margin of 12.48%. The firm had revenue of $172.23 million for the quarter, compared to analysts’ expectations of $171.85 million. On average, equities analysts expect that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.
Institutional Investors Weigh In On DoubleVerify
Wall Street Analyst Weigh In
DV has been the subject of several research analyst reports. KeyCorp lifted their price objective on DoubleVerify from $40.00 to $48.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Needham & Company LLC reiterated a “buy” rating and set a $45.00 target price on shares of DoubleVerify in a research report on Thursday, March 28th. Bank of America lowered their target price on DoubleVerify from $47.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, February 29th. JPMorgan Chase & Co. lowered their target price on DoubleVerify from $32.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, February 29th. Finally, Wells Fargo & Company lowered their target price on DoubleVerify from $44.00 to $41.00 and set an “overweight” rating on the stock in a research report on Friday, March 1st. One analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $42.50.
Check Out Our Latest Analysis on DV
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.
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