DoubleVerify Holdings Inc (NYSE: DV) is -10.71% lower on its value in year-to-date trading and has touched a low of $26.23 and a high of $43.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DV stock was last observed hovering at around $32.76 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $32.84, the stock is -1.27% and -10.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing 0.24% at the moment leaves the stock -4.23% off its SMA200. DV registered 7.96% gain for a year compared to 6-month gain of 19.33%. The firm has a 50-day simple moving average (SMA 50) of $9.43 and a 200-day simple moving average (SMA200) of $39.18.
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The stock witnessed a 3.11% loss in the last 1 month and extending the period to 3 months gives it a -4.12%, and is -3.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.78% over the week and 2.97% over the month.
DoubleVerify Holdings Inc (DV) has around 1101 employees, a market worth around $5.62B and $572.54M in sales. Current P/E ratio is 79.86 and Fwd P/E is 34.60. Profit margin for the company is 12.48%. Distance from 52-week low is 25.20% and -23.63% from its 52-week high. The company has generated returns on investments over the last 12 months (6.22%).
DoubleVerify Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $138.26M over the same period.The EPS is expected to shrink by -0.11% this year, but quarterly earnings will post 21.60% year-over-year. Quarterly sales are estimated to grow 12.80% in year-over-year returns.
DoubleVerify Holdings Inc (DV) Top Institutional Holders
386 institutions hold shares in DoubleVerify Holdings Inc (DV), with institutional investors hold 103.63% of the company’s shares. The shares outstanding are 171.15M, and float is at 138.66M with Short Float at 3.98%. Institutions hold 101.99% of the Float.
The top institutional shareholder in the company is Providence Equity Partners L.l.c. with over 53.17 million shares valued at $2.07 billion. The investor’s holdings represent 31.76% of the DV Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 16.9 million shares valued at $657.74 million to account for 10.10% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 11.73 million shares representing 7.00% and valued at over $456.35 million, while T. Rowe Price Investment Management, Inc. holds 3.91% of the shares totaling 6.55 million with a market value of $254.85 million.
DoubleVerify Holdings Inc (DV) Insider Activity
The most recent transaction is an insider sale by Grimmig Andrew E,the company’sChief Legal Officer. SEC filings show that Grimmig Andrew E sold 16,667 shares of the company’s common stock on Apr 04 ’24 at a price of $33.80 per share for a total of $0.56 million. Following the sale, the insider now owns 39468.0 shares.
DoubleVerify Holdings Inc disclosed in a document filed with the SEC on Apr 02 ’24 that Eddleman Julie (Global Chief Comm. Officer) sold a total of 900 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $33.05 per share for $29745.0. Following the transaction, the insider now directly holds 0.14 million shares of the DV stock.
Still, SEC filings show that on Mar 26 ’24, Allais Nicola T (Chief Financial Officer) disposed off 5,292 shares at an average price of $33.45 for $0.18 million. The insider now directly holds 73,030 shares of DoubleVerify Holdings Inc (DV).
