Illinois Municipal Retirement Fund Acquires 19,002 Shares of DoubleVerify Holdings, Inc. (NYSE:DV)

Illinois Municipal Retirement Fund grew its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DVFree Report) by 24.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,379 shares of the company’s stock after acquiring an additional 19,002 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in DoubleVerify were worth $3,508,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Shaker Investments LLC OH lifted its position in DoubleVerify by 0.4% in the 4th quarter. Shaker Investments LLC OH now owns 75,927 shares of the company’s stock worth $2,793,000 after buying an additional 280 shares during the last quarter. Assetmark Inc. lifted its position in DoubleVerify by 15.1% in the 3rd quarter. Assetmark Inc. now owns 3,279 shares of the company’s stock worth $92,000 after buying an additional 430 shares during the last quarter. Huntington National Bank lifted its position in DoubleVerify by 41.6% in the 3rd quarter. Huntington National Bank now owns 1,495 shares of the company’s stock worth $42,000 after buying an additional 439 shares during the last quarter. Signaturefd LLC lifted its position in DoubleVerify by 84.7% in the 4th quarter. Signaturefd LLC now owns 1,086 shares of the company’s stock worth $40,000 after buying an additional 498 shares during the last quarter. Finally, Arizona State Retirement System lifted its position in DoubleVerify by 1.8% in the 3rd quarter. Arizona State Retirement System now owns 30,776 shares of the company’s stock worth $860,000 after buying an additional 554 shares during the last quarter. Institutional investors own 97.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DV. Royal Bank of Canada lifted their price target on DoubleVerify from $40.00 to $49.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 27th. JMP Securities decreased their price target on DoubleVerify from $45.00 to $40.00 and set a “market outperform” rating on the stock in a research note on Thursday, February 29th. Truist Financial decreased their price target on DoubleVerify from $43.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, February 29th. Barclays decreased their price target on DoubleVerify from $43.00 to $40.00 and set an “overweight” rating on the stock in a research note on Thursday, February 29th. Finally, Macquarie raised DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 price target on the stock in a research note on Monday, March 11th. One equities research analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, DoubleVerify currently has an average rating of “Moderate Buy” and an average target price of $42.50.

View Our Latest Stock Analysis on DV

DoubleVerify Stock Up 1.0 %

NYSE DV opened at $30.79 on Thursday. The stock’s 50 day moving average is $34.16 and its 200 day moving average is $34.18. DoubleVerify Holdings, Inc. has a twelve month low of $26.23 and a twelve month high of $43.00. The firm has a market capitalization of $5.29 billion, a PE ratio of 75.10, a P/E/G ratio of 3.26 and a beta of 1.04.

DoubleVerify (NYSE:DVGet Free Report) last released its earnings results on Wednesday, February 28th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.13 by $0.06. The business had revenue of $172.23 million for the quarter, compared to the consensus estimate of $171.85 million. DoubleVerify had a return on equity of 7.29% and a net margin of 12.48%. On average, research analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Insider Activity

In other news, insider Julie Eddleman sold 900 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $30.30, for a total transaction of $27,270.00. Following the transaction, the insider now directly owns 137,668 shares of the company’s stock, valued at $4,171,340.40. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, insider Julie Eddleman sold 900 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $30.30, for a total transaction of $27,270.00. Following the completion of the sale, the insider now owns 137,668 shares in the company, valued at $4,171,340.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Nicola T. Allais sold 5,364 shares of the company’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $32.80, for a total value of $175,939.20. Following the sale, the chief financial officer now owns 73,030 shares of the company’s stock, valued at approximately $2,395,384. The disclosure for this sale can be found here. Insiders have sold a total of 86,239 shares of company stock valued at $2,879,693 over the last ninety days. 3.27% of the stock is currently owned by corporate insiders.

DoubleVerify Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for DoubleVerify (NYSE:DV)

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