Parkside Financial Bank & Trust Has $168,000 Holdings in DoubleVerify Holdings, Inc. (NYSE:DV)

Parkside Financial Bank & Trust grew its position in DoubleVerify Holdings, Inc. (NYSE:DV) by 3,772.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,569 shares of the company’s stock after purchasing an additional 4,451 shares during the period. Parkside Financial Bank & Trust’s holdings in DoubleVerify were worth $168,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in DoubleVerify by 15.1% in the 3rd quarter. Vanguard Group Inc. now owns 13,493,302 shares of the company’s stock worth $377,138,000 after purchasing an additional 1,768,064 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of DoubleVerify by 39.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,830,983 shares of the company’s stock valued at $107,076,000 after acquiring an additional 1,082,615 shares during the last quarter. Wellington Management Group LLP increased its holdings in shares of DoubleVerify by 19.2% during the 3rd quarter. Wellington Management Group LLP now owns 2,734,735 shares of the company’s stock valued at $76,436,000 after acquiring an additional 441,278 shares during the last quarter. Invesco Ltd. increased its holdings in shares of DoubleVerify by 18.1% during the 3rd quarter. Invesco Ltd. now owns 2,651,003 shares of the company’s stock valued at $74,096,000 after acquiring an additional 406,444 shares during the last quarter. Finally, Van Berkom & Associates Inc. increased its holdings in shares of DoubleVerify by 34.7% during the 3rd quarter. Van Berkom & Associates Inc. now owns 2,643,235 shares of the company’s stock valued at $73,878,000 after acquiring an additional 681,396 shares during the last quarter. 97.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on DV. TheStreet raised DoubleVerify from a “d+” rating to a “c-” rating in a report on Thursday, February 29th. BMO Capital Markets restated an “outperform” rating and set a $42.00 target price (down previously from $44.00) on shares of DoubleVerify in a research note on Friday, March 1st. Royal Bank of Canada increased their target price on DoubleVerify from $40.00 to $49.00 and gave the company an “outperform” rating in a research note on Tuesday, February 27th. Barclays decreased their target price on DoubleVerify from $43.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, February 29th. Finally, Macquarie upgraded DoubleVerify from a “neutral” rating to an “outperform” rating and set a $40.00 target price for the company in a research note on Monday, March 11th. One analyst has rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $42.50.

DoubleVerify Price Performance

Shares of DV stock opened at $30.79 on Thursday. The stock’s fifty day simple moving average is $34.16 and its 200 day simple moving average is $34.18. DoubleVerify Holdings, Inc. has a one year low of $26.23 and a one year high of $43.00. The firm has a market cap of $5.29 billion, a price-to-earnings ratio of 75.10, a P/E/G ratio of 3.26 and a beta of 1.04.

DoubleVerify (NYSE:DV) last issued its earnings results on Wednesday, February 28th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. DoubleVerify had a net margin of 12.48% and a return on equity of 7.29%. The company had revenue of $172.23 million for the quarter, compared to the consensus estimate of $171.85 million. On average, research analysts anticipate that DoubleVerify Holdings, Inc. will post 0.36 earnings per share for the current year.

Insider Transactions at DoubleVerify

In other news, insider Julie Eddleman sold 900 shares of the company’s stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $30.85, for a total value of $27,765.00. Following the sale, the insider now owns 139,802 shares of the company’s stock, valued at approximately $4,312,891.70. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Nicola T. Allais sold 5,292 shares of the company’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $33.45, for a total transaction of $177,017.40. Following the transaction, the chief financial officer now owns 73,030 shares in the company, valued at approximately $2,442,853.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Julie Eddleman sold 900 shares of the company’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $30.85, for a total transaction of $27,765.00. Following the transaction, the insider now owns 139,802 shares in the company, valued at approximately $4,312,891.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 86,239 shares of company stock valued at $2,879,693. 3.27% of the stock is owned by insiders.

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.