178,751 Shares in DoubleVerify Holdings, Inc. $DV Bought by New York Life Investment Management LLC

New York Life Investment Management LLC bought a new stake in shares of DoubleVerify Holdings, Inc. (NYSE:DV) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 178,751 shares of the company’s stock, valued at approximately $2,411,000. New York Life Investment Management LLC owned 0.11% of DoubleVerify as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in DV. Quantbot Technologies LP bought a new stake in DoubleVerify in the second quarter valued at $27,000. Nykredit A S purchased a new position in DoubleVerify during the 2nd quarter valued at $32,000. Bayforest Capital Ltd bought a new position in DoubleVerify in the 2nd quarter worth $36,000. Sterling Capital Management LLC raised its holdings in DoubleVerify by 371.9% in the 3rd quarter. Sterling Capital Management LLC now owns 4,228 shares of the company’s stock worth $57,000 after purchasing an additional 3,332 shares in the last quarter. Finally, Allworth Financial LP bought a new position in DoubleVerify in the 2nd quarter worth $52,000. Institutional investors own 97.29% of the company’s stock.

DoubleVerify Stock Down 0.0%

DV traded down $0.01 during midday trading on Friday, reaching $13.56. The company’s stock had a trading volume of 6,958,580 shares, compared to its average volume of 2,273,778. DoubleVerify Holdings, Inc. has a 1 year low of $8.60 and a 1 year high of $13.65. The stock’s 50-day moving average is $13.49 and its 200-day moving average is $11.46. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 33.91, a PEG ratio of 1.46 and a beta of 0.93. The company has a current ratio of 4.69, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on DV. Weiss Ratings raised shares of DoubleVerify from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, November 9th. Canaccord Genuity Group downgraded shares of DoubleVerify from a “buy” rating to a “hold” rating and decreased their price target for the stock from $16.00 to $13.60 in a research note on Friday, August 7th. Truist Financial lowered shares of DoubleVerify from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $16.00 to $13.60 in a report on Friday, August 7th. Wells Fargo & Company raised DoubleVerify from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from $8.00 to $13.60 in a research report on Friday, August 7th. Finally, Scotiabank lowered DoubleVerify from an “outperform” rating to a “sector perform” rating and decreased their target price for the stock from $15.00 to $13.60 in a research report on Friday, August 7th. Fourteen equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $13.52.

DoubleVerify Profile

DoubleVerify Holdings, Inc. provides digital media measurement, analytics and optimization services for advertisers, agencies and publishers. Its technology helps clients assess whether digital ads are viewable, free from fraudulent activity and delivered in brand-safe environments across channels such as websites, mobile apps, social media and connected TV. The company’s offerings include verification and performance measurement tools, as well as products designed to help advertisers evaluate and optimize media campaigns.