DoubleVerify (DV)

• Market cap: $3.35B
• 1 day: 1.37%
• 5 days: -0.20%
• 1 month: 3.26%
• 3 months: 16.11%
• 6 months: 5.66%
• Year to date: -44.71%
• 1 year: -43.81%
• 5 years: -44.56%
• 10 years: -44.56%
• 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 Q3 regulatory filings by fund managers ($100M+ AUM)

120% more call options, than puts

Call options by funds: $32.5M | Put options by funds: $14.7M

2% more funds holding

Funds holding: 306 [Q2] → 311 (+5) [Q3]

8% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 66

2% less repeat investments, than reductions

Existing positions increased: 104 | Existing positions reduced: 106

2.94% less ownership

Funds ownership: 102.05% [Q2] → 99.12% (-2.94%) [Q3]

17% less capital invested

Capital invested by funds: $3.42B [Q2] → $2.85B (-$568M) [Q3]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

Research analyst outlook

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

• Low target: $14 30% downside
• Avg. target: $23 15% upside
• High target: $30 50% upside

16 analyst ratings

• positive: 13 81%
• neutral: 2 13%
• negative: 1 6%

Raymond James Andrew Marok 59% 1-year accuracy 10 / 17 met price target	25% upside $25	Outperform Initiated	18 Dec 2024
Needham Laura Martin 77% 1-year accuracy 252 / 329 met price target	10% upside $22	Buy Reiterated	11 Dec 2024
Barclays Raimo Lenschow 59% 1-year accuracy 52 / 88 met price target	35% upside $27	Overweight Maintained	6 Dec 2024
Scotiabank Nat Schindler 36% 1-year accuracy 4 / 11 met price target	20% upside $24	Sector Outperform Initiated	5 Dec 2024
Morgan Stanley Matthew Cost 100% 1-year accuracy 3 / 3 met price target	5% upside $21	Equal-Weight Maintained	7 Nov 2024