Rockefeller Capital Management L.P. Acquires Shares of 777,274 DoubleVerify Holdings, Inc. (NYSE:DV)

Rockefeller Capital Management L.P. bought a new position in DoubleVerify Holdings, Inc. (NYSE:DV) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 777,274 shares of the company’s stock, valued at approximately $14,932,000. Rockefeller Capital Management L.P. owned 0.46% of DoubleVerify at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in DoubleVerify by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 17,481,297 shares of the company’s stock valued at $335,816,000 after acquiring an additional 143,773 shares in the last quarter. Geneva Capital Management LLC lifted its stake in shares of DoubleVerify by 0.8% in the 4th quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company’s stock valued at $49,450,000 after purchasing an additional 19,684 shares during the period. Geode Capital Management LLC boosted its position in shares of DoubleVerify by 0.5% during the third quarter. Geode Capital Management LLC now owns 2,299,192 shares of the company’s stock valued at $38,729,000 after purchasing an additional 10,696 shares in the last quarter. Principal Financial Group Inc. grew its stake in DoubleVerify by 4.8% in the third quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company’s stock worth $34,264,000 after purchasing an additional 94,095 shares during the period. Finally, Norges Bank bought a new position in DoubleVerify in the fourth quarter worth $33,957,000. Institutional investors own 97.29% of the company’s stock.

Insider Activity

In other news, CFO Nicola T. Allais sold 2,220 shares of DoubleVerify stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $21.61, for a total transaction of $47,974.20. Following the transaction, the chief financial officer now directly owns 85,882 shares of the company’s stock, valued at $1,855,910.02. The trade was a 2.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

DV has been the topic of a number of recent research reports. Raymond James assumed coverage on shares of DoubleVerify in a research note on Wednesday, December 18th. They issued an “outperform” rating and a $25.00 price target for the company. Canaccord Genuity Group lowered their target price on shares of DoubleVerify from $30.00 to $26.00 and set a “buy” rating for the company in a report on Friday, February 28th. Stifel Nicolaus set a $20.00 price target on DoubleVerify in a research report on Friday, February 28th. Baird R W lowered DoubleVerify from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $14.00 target price (down from $20.00) on shares of DoubleVerify in a report on Friday, March 28th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $21.78.

DoubleVerify Trading Down 3.3 %

Shares of NYSE DV opened at $12.16 on Tuesday. DoubleVerify Holdings, Inc. has a 12-month low of $11.52 and a 12-month high of $32.44. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 32.86, a price-to-earnings-growth ratio of 2.63 and a beta of 1.04. The firm has a 50 day moving average of $16.49 and a 200 day moving average of $18.23.

DoubleVerify Company Profile

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