DoubleVerify (DV) to Release Quarterly Earnings on Wednesday

DoubleVerify (NYSE:DV) is scheduled to release its earnings data after the market closes on Wednesday, November 6th. Analysts expect DoubleVerify to post earnings of $0.07 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

DoubleVerify Trading Up 0.7 %

Shares of DoubleVerify stock opened at $17.17 on Monday. The company’s fifty day simple moving average is $17.60 and its two-hundred day simple moving average is $19.76. DoubleVerify has a 12-month low of $16.11 and a 12-month high of $43.00. The company has a market cap of $2.92 billion, a P/E ratio of 49.06, a PEG ratio of 2.28 and a beta of 0.90.

Insider Transactions at DoubleVerify

In other DoubleVerify news, CFO Nicola T. Allais sold 1,764 shares of the stock in a transaction on Wednesday, October 23rd. The stock was sold at an average price of $16.41, for a total transaction of $28,947.24. Following the sale, the chief financial officer now directly owns 81,598 shares in the company, valued at approximately $1,339,023.18. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 7,056 shares of company stock worth $119,634. Corporate insiders own 3.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Truist Financial decreased their price target on shares of DoubleVerify from $32.00 to $26.00 and set a “buy” rating for the company in a research note on Wednesday, September 18th. Barclays reduced their target price on DoubleVerify from $27.00 to $23.00 and set an “overweight” rating on the stock in a report on Friday, October 11th. Piper Sandler lowered their target price on DoubleVerify from $30.00 to $21.00 and set an “overweight” rating for the company in a research note on Wednesday, October 23rd. JMP Securities reduced their price target on DoubleVerify from $34.00 to $33.00 and set a “market outperform” rating on the stock in a research note on Wednesday, October 23rd. Finally, Macquarie lowered their price objective on DoubleVerify from $25.00 to $19.00 and set an “outperform” rating for the company in a research report on Friday, October 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.47.

About DoubleVerify

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.