BNP Paribas Financial Markets Has $25.99 Million Stock Holdings in DoubleVerify Holdings, Inc. $DV

BNP Paribas Financial Markets boosted its holdings in shares of DoubleVerify Holdings, Inc. (NYSE:DV) by 68.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,271,572 shares of the company’s stock after buying an additional 924,861 shares during the quarter. BNP Paribas Financial Markets’ holdings in DoubleVerify were worth $25,987,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Jupiter Asset Management Ltd. grew its holdings in DoubleVerify by 211.8% during the 4th quarter. Jupiter Asset Management Ltd. now owns 367,539 shares of the company’s stock worth $4,205,000 after acquiring an additional 249,662 shares during the period. Intech Investment Management LLC grew its holdings in DoubleVerify by 339.2% during the 4th quarter. Intech Investment Management LLC now owns 481,670 shares of the company’s stock worth $5,510,000 after acquiring an additional 371,994 shares during the period. Geode Capital Management LLC grew its holdings in DoubleVerify by 22.4% during the 4th quarter. Geode Capital Management LLC now owns 2,403,828 shares of the company’s stock worth $27,507,000 after acquiring an additional 439,157 shares during the period. Clearstead Advisors LLC grew its holdings in DoubleVerify by 81.2% during the 4th quarter. Clearstead Advisors LLC now owns 3,724 shares of the company’s stock worth $43,000 after acquiring an additional 1,669 shares during the period. Finally, Hantz Financial Services Inc. grew its holdings in DoubleVerify by 37.2% during the 4th quarter. Hantz Financial Services Inc. now owns 4,731 shares of the company’s stock worth $54,000 after acquiring an additional 1,284 shares during the period. Institutional investors and hedge funds own 97.29% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Royal Bank Of Canada lowered their target price on shares of DoubleVerify from $17.00 to $14.00 and set an “outperform” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group lifted their price target on shares of DoubleVerify from $10.50 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Raymond James Financial reissued an “outperform” rating and set a $14.00 price target on shares of DoubleVerify in a research report on Thursday, May 7th. Canaccord Genuity Group reduced their price target on shares of DoubleVerify from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Finally, Wells Fargo & Company reduced their price target on shares of DoubleVerify from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Eleven investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $15.70.

DoubleVerify Stock Up 4.0%

Shares of NYSE DV opened at $10.61 on Friday. The company’s fifty day moving average is $10.12 and its 200-day moving average is $10.37. The stock has a market cap of $1.63 billion, a price-to-earnings ratio of 32.16, a P/E/G ratio of 1.15 and a beta of 1.00. DoubleVerify Holdings, Inc. has a twelve month low of $7.64 and a twelve month high of $16.82.

DoubleVerify Company Profile

DoubleVerify, Inc is a leading digital media measurement and analytics company that helps advertisers, publishers and platforms ensure their digital advertising campaigns are viewable, fraud-free and brand-safe. The company’s platform integrates data science, machine learning and proprietary analytics to authenticate the quality of media across display, video, mobile, CTV and social channels. By delivering real-time insights into ad viewability, fraud detection and contextual relevance, DoubleVerify empowers marketers to optimize campaign performance and drive better return on ad spend.

At the core of DoubleVerify’s offering are solutions for viewability measurement, invalid traffic (IVT) detection, brand safety and suitability, contextual targeting and campaign performance analytics.