296,805 Shares in DoubleVerify Holdings, Inc. (NYSE:DV) Bought by WINTON GROUP Ltd

WINTON GROUP Ltd purchased a new stake in DoubleVerify Holdings, Inc. (NYSE:DV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 296,805 shares of the company’s stock, valued at approximately $5,702,000. WINTON GROUP Ltd owned about 0.18% of DoubleVerify at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Geneva Capital Management LLC lifted its position in shares of DoubleVerify by 0.8% during the 4th quarter. Geneva Capital Management LLC now owns 2,574,161 shares of the company’s stock worth $49,450,000 after buying an additional 19,684 shares in the last quarter. Neo Ivy Capital Management bought a new stake in DoubleVerify during the third quarter worth $794,000. Repertoire Partners LP boosted its position in DoubleVerify by 1,041.7% in the third quarter. Repertoire Partners LP now owns 685,000 shares of the company’s stock worth $11,535,000 after purchasing an additional 625,000 shares during the last quarter. Geode Capital Management LLC grew its stake in DoubleVerify by 0.5% in the 3rd 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 during the period. Finally, Principal Financial Group Inc. increased its position in shares of DoubleVerify by 4.8% during the 3rd quarter. Principal Financial Group Inc. now owns 2,034,655 shares of the company’s stock valued at $34,264,000 after purchasing an additional 94,095 shares during the last quarter. 97.29% of the stock is currently owned by institutional investors.

DoubleVerify Stock Performance

Shares of DV stock opened at $14.05 on Thursday. The company has a market capitalization of $2.33 billion, a PE ratio of 37.96, a price-to-earnings-growth ratio of 2.63 and a beta of 1.06. DoubleVerify Holdings, Inc. has a 52-week low of $13.42 and a 52-week high of $35.57. The business’s fifty day moving average is $18.76 and its 200 day moving average is $18.71.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DV. Royal Bank of Canada boosted their price target on shares of DoubleVerify from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. JMP Securities reiterated a “market outperform” rating and issued a $25.00 target price on shares of DoubleVerify in a research note on Monday, January 27th. Raymond James initiated coverage on shares of DoubleVerify in a research note on Wednesday, December 18th. They set an “outperform” rating and a $25.00 price target for the company. Canaccord Genuity Group dropped their price objective on DoubleVerify from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Finally, Stifel Nicolaus set a $20.00 target price on DoubleVerify in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $23.00.

Insiders Place Their Bets

In other news, CFO Nicola T. Allais sold 2,220 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $21.61, for a total value of $47,974.20. Following the completion of the sale, the chief financial officer now directly owns 85,882 shares in the company, valued at approximately $1,855,910.02. The trade was a 2.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

DoubleVerify 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.