Aigen Investment Management LP Takes $1.22 Million Position in DoubleVerify Holdings, Inc. (NYSE:DV)

During the quarter of last year Aigen Investment Management LP bought into DoubleVerify Holdings Inc (NYSE; DV. Free Report) as reported in their latest filing with the Securities and Exchange Commission (SEC). They purchased 72 578 shares of the companys stock valued at, around $1 222 000.

Several other big investors and hedge funds have recently traded shares of DoubleVerify stock as per reports from CWM LLC and Capital Performance Advisors LLP, in the third quarters respectively. Fifth Third Bancorp currently holds 4, 151 company shares valued at 81 000 after acquiring a 1, 742 shares last quarter. Parkside Financial Bank & Trust increased its ownership in DoubleVerify by 37. 6 Percent in the quarter and now owns 6604 company shares worth $ 129 000 after purchasing an additional 1806 shares during the same period. Covestor Ltd also raised its investment in DoubleVerify by 22. 8 Percent, in the quarter. Currently holding 6 643 shares of the companys stock $112 000 after acquiring another 1 235 shares in the previous quarter Hedge funds and other institutional investors currently possess 97 29 % of the stock

In an update on the companys financial activities CFO Nicola T.Allais offloaded 1764 shares of the business stock on Wednesday, October 23rd. The shares were sold at a price of $16.41 per share resulting in a total transaction value of $28,947.24. After this sale the chief financial officer now holds 81598 shares of the companys stock amount to $1339023.18 in value. This trade resulted in a 0 % decrease in their ownership stake, in the company. The deal was revealed in a document submitted to the Securities and Exchange Commission. Can be found on this website link provided for reference purposes. During the quarter period company insiders offloaded 7, 056 shares of the companys stock worth $119 634. As it stands company insiders own 3. 00% Of the stock.

On Wednesday morning at the start of trading hours DV began at a price of $20. 40 Per share The companys financial performance is measured by its 50 day moving average of $17.. Its 200 day moving average of $19. 22 DoubleVerify Holdings Inc has experienced a trading range in the year with a low of $16. 11 And a high of $43 The company holds a market value of approximately $3. 45 Billion with key financial ratios such, as a P/E ratio of 55. 12 And a P/E/G ratio of 2. 29 Its stock volatility is indicated by a beta value of 0. 90

DoubleVerify announced that its board has approved a stock buyback initiative recently allowing the company to repurchase shares $200 million starting from Wednesday, November 6th onwards. This authorization enables the company to acquire up to 6% of its shares through purchases, in the market. Stock buyback programs are commonly seen as a signal that the companys management perceives their stock as being undervalued.

Several research analysts have shared their thoughts on the company recently; Royal Bank of Canada reduced their target price for DoubleVerify from 27 dollars to 22 dollars while giving it an "rating in a report released on Thursday the 7th of November Canaccord Genuity Group also lowered their target price for DoubleVerify from 36 dollars to 30 dollars while maintaining a "buy" rating, on the stock in a report published on the same day. Macquarie reaffirmed their outlook with a rating of "outperform " and they set a target price of$19 for DoubleVerify in a report on Thursday the 7th of November.Needham & Company LLC reiterated their "buy" recommendation. Indicated a target price of$33 for DoubleVerify in a report on Tuesday the 17th of September.Finally Goldman Sachs Group adjusted their price estimate, for DoubleVerify from$28 to$25 while maintaining a "buy" rating in a report released on Monday the 14th of October. Two analysts specializing in investments have given the stock a recommendation to sell it; five have suggested holding it while twelve have recommended buying it from the company DoubleVerify Inc.. According to information obtained from MarketBeats data analysis platform; as of now DoubleVerify has a rating of "Moderate Buy " with a target price agreed upon by most analysts at $24 and 47 cents, per share.

Check out the recent stock analysis for DV, on our website.

DoubleVerify Holdings Inc offers a software platform for media measurement and data analytics both, in the United States and globally The company provides advertisers with solutions to enhance the efficiency and quality of their digital advertising investments returns

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