DoubleVerify Holdings Inc (NYSE: DV) is -23.79% lower on its value in year-to-date trading and has touched a low of $11.52 and a high of $23.11 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 $14.79 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $14.64, the stock is 3.68% and 9.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.71 million and changing -1.01% at the moment leaves the stock -15.62% off its SMA200. DV registered -20.09% loss for a year compared to 6-month loss of -30.48%. The firm has a 50-day simple moving average (SMA 50) of $13.4196 and a 200-day simple moving average (SMA200) of $17.3511.
The stock witnessed a 3.61% gain in the last 1 month and extending the period to 3 months gives it a -3.56%, and is 7.81% 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 2.45% over the week and 2.86% over the month.
DoubleVerify Holdings Inc (DV) has around 1197 employees, a market worth around $2.38B and $681.13M in sales. Current P/E ratio is 49.36 and Fwd P/E is 34.97. Profit margin for the company is 7.55%. Distance from 52-week low is 27.08% and -36.65% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).
The EPS is expected to shrink by -4.92% this year.
DoubleVerify Holdings Inc (DV) Top Institutional Holders
408.0 institutions hold shares in DoubleVerify Holdings Inc (DV), with institutional investors hold 101.90% of the company’s shares. The shares outstanding are 162.48M, and float is at 136.16M with Short Float at 6.79%. Institutions hold 101.21% 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).
