DoubleVerify (DV)

• Market cap: $3.63B
• 1 day: -3.00%
• 5 days: -5.94%
• 1 month: 8.78%
• 3 months: 8.40%
• 6 months: 10.16%
• Year to date: 12.56%
• 1 year: -47.90%
• 5 years: -39.78%
• 10 years: -39.78%
• Sector: Information Technology
• Industry: Computer Programming, Data Processing, Etc.

About: DoubleVerify Holdings Inc is a digital media measurement and analytics software platform. The DV Authentic Ad ensures that a digital ad was delivered in a brand-safe setting, completely viewable, by a real individual, and in the expected geography, is one of its solutions. It generates revenues from its advertisement customers by charging a Measured Transaction Fee on the volume of Media Transactions Measured on the software platform.

Employees: 1,101

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

183% more call options, than puts

Call options by funds: $36.6M | Put options by funds: $12.9M

20% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]

11% more capital invested

Capital invested by funds: $2.86B [Q3] → $3.17B (+$308M) [Q4]

9% more first-time investments, than exits

New positions opened: 50 | Existing positions closed: 46

1% less funds holding

Funds holding: 312 [Q3] → 309 (-3) [Q4]

2.3% less ownership

Funds ownership: 99.49% [Q3] → 97.2% (-2.3%) [Q4]

33% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 142

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $19 12% downside
• Avg. target: $23 8% upside
• High target: $25 15% upside

7 analyst ratings

• positive: 6 86%
• neutral: 1 14%
• negative: 0 0%

JMP Securities Andrew Boone 83% 1-year accuracy 73 / 88 met price target	15% upside $25	Market Outperform Reiterated	27 Jan 2025
Barclays Raimo Lenschow 69% 1-year accuracy 55 / 80 met price target	15% upside $25	Overweight Maintained	23 Jan 2025
Morgan Stanley Matthew Cost 50% 1-year accuracy 4 / 8 met price target	12% downside $19	Equal-Weight Maintained	13 Jan 2025
RBC Capital Matthew Swanson 54% 1-year accuracy 22 / 41 met price target	11% upside $24	Outperform Maintained	3 Jan 2025
Raymond James Andrew Marok 53% 1-year accuracy 8 / 15 met price target	15% upside $25	Outperform Initiated	18 Dec 2024