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Check out this: DoubleVerify Holdings Inc (DV) could be on the verge of a big rally

DoubleVerify Holdings Inc (NYSE: DV) is -54.21% lower on its value in year-to-date trading and has touched a low of $16.81 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 $17.16 in the last trading session, with the day’s loss setting it -0.32%.

Currently trading at $16.84, the stock is -5.50% and -10.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.02 million and changing -1.86% at the moment leaves the stock -38.39% off its SMA200. DV registered -39.51% loss for a year compared to 6-month loss of -50.57%. The firm has a 50-day simple moving average (SMA 50) of $18.8156 and a 200-day simple moving average (SMA200) of $27.24775.

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The stock witnessed a -14.86% gain in the last 1 month and extending the period to 3 months gives it a -14.69%, and is -2.83% 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 2.85% over the week and 3.12% over the month.

DoubleVerify Holdings Inc (DV) has around 1101 employees, a market worth around $2.86B and $612.88M in sales. Current P/E ratio is 48.25 and Fwd P/E is 17.15. Profit margin for the company is 9.97%. Distance from 52-week low is 0.18% and -60.84% from its 52-week high. The company has generated returns on investments over the last 12 months (5.16%).

with sales reaching $168.98M over the same period.The EPS is expected to grow by 13.34% this year, but quarterly earnings will post 17.20% year-over-year. Quarterly sales are estimated to grow 17.40% in year-over-year returns.

DoubleVerify Holdings Inc (DV) Top Institutional Holders

422.0 institutions hold shares in DoubleVerify Holdings Inc (DV), with institutional investors hold 107.41% of the company’s shares. The shares outstanding are 171.15M, and float is at 142.77M with Short Float at 5.34%. Institutions hold 105.63% of the Float.

The top institutional shareholder in the company is PROVIDENCE EQUITY PARTNERS L.L.C. with over 26.29 million shares valued at $511.88 million. The investor’s holdings represent 15.3185% of the DV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 22.36 million shares valued at $435.43 million to account for 13.0307 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.82 million shares representing 9.7998% and valued at over $327.47 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 3.5842 of the shares totaling 6.15 million with a market value of $119.77 million.

DoubleVerify Holdings Inc (DV) Insider Activity

The most recent transaction is an insider sale by Allais Nicola T, the company’s Chief Financial Officer. SEC filings show that Allais Nicola T sold 1,764 shares of the company’s common stock on Sep 27 ’24 at a price of $17.28 per share for a total of $30490.0. Following the sale, the insider now owns 81598.0 shares.

DoubleVerify Holdings Inc disclosed in a document filed with the SEC on Sep 26 ’24 that Allais Nicola T (Chief Financial Officer) sold a total of 1,764 shares of the company’s common stock. The trade occurred on Sep 26 ’24 and was made at $16.94 per share for $29889.0. Following the transaction, the insider now directly holds 81598.0 shares of the DV stock.

Still, SEC filings show that on Sep 12 ’24, Allais Nicola T (Chief Financial Officer) disposed off 1,764 shares at an average price of $17.89 for $31564.0. The insider now directly holds 77,314 shares of DoubleVerify Holdings Inc (DV).

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