Amalgamated Bank Acquires 19,338 Shares of DoubleVerify Holdings, Inc. (NYSE:DV)

Amalgamated Bank lifted its position in DoubleVerify Holdings, Inc. (NYSE:DVFree Report) by 38.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,404 shares of the company’s stock after purchasing an additional 19,338 shares during the period. Amalgamated Bank’s holdings in DoubleVerify were worth $1,940,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in DV. Advisor Group Holdings Inc. lifted its stake in shares of DoubleVerify by 54.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 5,242 shares of the company’s stock valued at $131,000 after purchasing an additional 1,838 shares during the period. JPMorgan Chase & Co. raised its position in DoubleVerify by 62.2% during the first quarter. JPMorgan Chase & Co. now owns 16,636 shares of the company’s stock worth $419,000 after acquiring an additional 6,381 shares during the period. Bank of New York Mellon Corp raised its position in DoubleVerify by 2.1% during the first quarter. Bank of New York Mellon Corp now owns 131,348 shares of the company’s stock worth $3,308,000 after acquiring an additional 2,682 shares during the period. US Bancorp DE raised its position in DoubleVerify by 210.8% during the first quarter. US Bancorp DE now owns 12,064 shares of the company’s stock worth $303,000 after acquiring an additional 8,182 shares during the period. Finally, Citigroup Inc. raised its position in DoubleVerify by 130.3% during the first quarter. Citigroup Inc. now owns 6,012 shares of the company’s stock worth $151,000 after acquiring an additional 3,401 shares during the period. 97.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at DoubleVerify

In other news, Director Laura Desmond sold 11,002 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $32.19, for a total transaction of $354,154.38. Following the transaction, the director now directly owns 179,071 shares in the company, valued at $5,764,295.49. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Julie Eddleman sold 750 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $37.47, for a total transaction of $28,102.50. Following the transaction, the insider now directly owns 133,436 shares in the company, valued at $4,999,846.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Laura Desmond sold 11,002 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $32.19, for a total transaction of $354,154.38. Following the transaction, the director now owns 179,071 shares in the company, valued at $5,764,295.49. The disclosure for this sale can be found here. Insiders have sold 32,729 shares of company stock worth $1,163,542 over the last three months. Insiders own 3.27% of the company’s stock.

DoubleVerify Stock Down 0.8 %

Shares of DoubleVerify stock opened at $41.27 on Tuesday. The firm has a market capitalization of $7.02 billion, a P/E ratio of 128.97, a P/E/G ratio of 3.21 and a beta of 1.16. DoubleVerify Holdings, Inc. has a 52 week low of $23.42 and a 52 week high of $42.98. The firm’s 50 day moving average is $37.59 and its two-hundred day moving average is $33.12.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DV. Bank of America began coverage on shares of DoubleVerify in a report on Thursday, January 11th. They set a “buy” rating and a $47.00 target price for the company. JMP Securities upped their target price on shares of DoubleVerify from $39.00 to $45.00 and gave the stock a “market outperform” rating in a report on Friday, January 19th. Robert W. Baird upped their target price on shares of DoubleVerify from $38.00 to $44.00 and gave the stock an “outperform” rating in a report on Thursday, January 18th. Truist Financial dropped their price objective on shares of DoubleVerify from $45.00 to $42.00 and set a “buy” rating for the company in a report on Friday, November 10th. Finally, Barclays upped their price objective on shares of DoubleVerify from $40.00 to $43.00 and gave the company an “overweight” rating in a report on Friday, January 12th. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $42.32.

Check Out Our Latest Stock Analysis on DoubleVerify

DoubleVerify Profile

(Free Report)

DoubleVerify Holdings, Inc provides a software platform for digital media measurement, and analytics in the United States and internationally. The company provides solutions to advertisers unbiased data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments.

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Institutional Ownership by Quarter for DoubleVerify (NYSE:DV)

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