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DoubleVerify Holdings Inc (DV) Is Now En Route to Higher Prices

DoubleVerify Holdings Inc (NYSE: DV) is -36.65% lower on its value in year-to-date trading and has touched a low of $11.52 and a high of $32.86 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 $12.57 in the last trading session, with the day’s loss setting it -0.4%.

Currently trading at $12.17, the stock is -9.03% and -27.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.66 million and changing -3.18% at the moment leaves the stock -34.25% off its SMA200. DV registered -63.13% loss for a year compared to 6-month loss of -27.39%. The firm has a 50-day simple moving average (SMA 50) of $16.8386 and a 200-day simple moving average (SMA200) of $18.50835.

The stock witnessed a -15.25% gain in the last 1 month and extending the period to 3 months gives it a -36.18%, and is 1.93% 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 8.68% over the week and 5.02% over the month.

DoubleVerify Holdings Inc (DV) has around 1197 employees, a market worth around $2.02B and $656.85M in sales. Current P/E ratio is 37.64 and Fwd P/E is 28.16. Profit margin for the company is 8.56%. Distance from 52-week low is 5.64% and -62.96% from its 52-week high. The company has generated returns on investments over the last 12 months (4.84%).

with sales reaching $153.07M over the same period.The EPS is expected to grow by 4.41% this year, but quarterly earnings will post 10.23% year-over-year. Quarterly sales are estimated to grow 8.73% in year-over-year returns.

DoubleVerify Holdings Inc (DV) Top Institutional Holders

428.0 institutions hold shares in DoubleVerify Holdings Inc (DV), with institutional investors hold 106.38% of the company’s shares. The shares outstanding are 167.07M, and float is at 139.17M with Short Float at 5.60%. Institutions hold 105.70% 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 2,220 shares of the company’s common stock on Feb 11 ’25 at a price of $22.34 per share for a total of $49586.0. Following the sale, the insider now owns 85882.0 shares.

DoubleVerify Holdings Inc disclosed in a document filed with the SEC on Feb 10 ’25 that Allais Nicola T (Chief Financial Officer) sold a total of 2,220 shares of the company’s common stock. The trade occurred on Feb 10 ’25 and was made at $21.91 per share for $48650.0. Following the transaction, the insider now directly holds 85882.0 shares of the DV stock.

Still, SEC filings show that on Feb 03 ’25, Allais Nicola T (Chief Financial Officer) disposed off 11,802 shares at an average price of $21.40 for $0.25 million. The insider now directly holds 85,882 shares of DoubleVerify Holdings Inc (DV).

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