DoubleVerify Holdings, Inc. (NYSE:DV) Shares Sold by Jump Financial LLC

Jump Financial LLC trimmed its position in DoubleVerify Holdings, Inc. (NYSE:DV) by 52.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 149,800 shares of the company’s stock after selling 163,133 shares during the quarter. Jump Financial LLC owned approximately 0.09% of DoubleVerify worth $2,878,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Inflection Point Investments LLP purchased a new position in shares of DoubleVerify in the 4th quarter valued at $3,515,000. Rockefeller Capital Management L.P. purchased a new position in shares of DoubleVerify during the fourth quarter worth about $14,932,000. Sterling Capital Management LLC increased its position in shares of DoubleVerify by 31.2% during the fourth quarter. Sterling Capital Management LLC now owns 5,108 shares of the company’s stock worth $98,000 after purchasing an additional 1,214 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of DoubleVerify by 16.6% in the 4th quarter. Cerity Partners LLC now owns 68,811 shares of the company’s stock valued at $1,308,000 after purchasing an additional 9,804 shares during the last quarter. Finally, Federated Hermes Inc. boosted its position in shares of DoubleVerify by 6.3% in the 4th quarter. Federated Hermes Inc. now owns 9,571 shares of the company’s stock valued at $184,000 after purchasing an additional 571 shares during the period. 97.29% of the stock is owned by hedge funds and other institutional investors.

DoubleVerify Trading Up 3.3 %

Shares of DV opened at $12.47 on Friday. The firm’s 50-day moving average is $15.92 and its two-hundred day moving average is $18.11. DoubleVerify Holdings, Inc. has a twelve month low of $11.52 and a twelve month high of $31.15. The firm has a market capitalization of $2.07 billion, a P/E ratio of 33.69, a PEG ratio of 2.63 and a beta of 1.04.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DV shares. Morgan Stanley reduced their price objective on DoubleVerify from $18.50 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday. The Goldman Sachs Group decreased their price target on shares of DoubleVerify from $20.00 to $15.50 and set a “neutral” rating for the company in a research note on Monday. Canaccord Genuity Group dropped their price objective on shares of DoubleVerify from $26.00 to $24.00 and set a “buy” rating on the stock in a research note on Thursday. Royal Bank of Canada increased their target price on shares of DoubleVerify from $22.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Finally, Baird R W cut DoubleVerify from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, DoubleVerify presently has an average rating of “Hold” and a consensus target price of $21.38.

Insider Buying and Selling

In other news, CFO Nicola T. Allais sold 2,220 shares of DoubleVerify stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $21.61, for a total transaction of $47,974.20. Following the completion of the transaction, the chief financial officer now owns 85,882 shares of the company’s stock, valued at $1,855,910.02. The trade was a 2.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 3.00% of the company’s stock.

DoubleVerify Profile

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.