DoubleVerify Holdings Inc (NYSE: DV) is -45.49% lower on its value in year-to-date trading and has touched a low of $16.11 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 $20.33 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $20.05, the stock is 10.40% and 13.91% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.19 million and changing -1.38% at the moment leaves the stock -16.43% off its SMA200. DV registered -36.15% loss for a year compared to 6-month loss of 6.20%. The firm has a 50-day simple moving average (SMA 50) of $17.5824 and a 200-day simple moving average (SMA200) of $24.0903.
The stock witnessed a 17.11% gain in the last 1 month and extending the period to 3 months gives it a 5.36%, and is 1.67% up 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 3.78% over the week and 3.81% over the month.
DoubleVerify Holdings Inc (DV) has around 1101 employees, a market worth around $3.39B and $638.46M in sales. Current P/E ratio is 53.20 and Fwd P/E is 19.64. Profit margin for the company is 10.33%. Distance from 52-week low is 24.42% and -53.37% from its 52-week high. The company has generated returns on investments over the last 12 months (5.44%).
The EPS is expected to grow by 23.21% this year
415.0 institutions hold shares in DoubleVerify Holdings Inc (DV), with institutional investors hold 99.03% of the company’s shares. The shares outstanding are 171.15M, and float is at 142.02M with Short Float at 6.66%. Institutions hold 98.45% 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
DoubleVerify Holdings Inc disclosed in a document filed with the SEC on Oct 22 ’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 Oct 22 ’24 and was made at $17.25 per share for $30430.0. Following the transaction, the insider now directly holds 81598.0 shares of the DV stock.
Still, SEC filings show that on Oct 23 ’24, Allais Nicola T (Chief Financial Officer) disposed off 1,764 shares at an average price of $16.41 for $28951.0. The insider now directly holds 81,598 shares of DoubleVerify Holdings Inc (DV).
