DoubleVerify Holdings Inc’s recently made public that its Global Chief Comm. Officer Eddleman Julie unloaded Company’s shares for reported $29745.0 on Apr 02 ’24. In the deal valued at $33.05 per share,900 shares were sold. As a result of this transaction, Eddleman Julie now holds 140,702 shares worth roughly $4.61 million.
Then, Allais Nicola T sold 5,292 shares, generating $177,044 in total proceeds. Upon selling the shares at $33.45, the Chief Financial Officer now owns 73,030 shares.
Before that, Allais Nicola T sold 5,292 shares. DoubleVerify Holdings Inc shares valued at $177,532 were divested by the Chief Financial Officer at a price of $33.55 per share. As a result of the transaction, Allais Nicola T now holds 73,030 shares, worth roughly $2.39 million.
Macquarie upgraded its DoubleVerify Holdings Inc [DV] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. BMO Capital Markets began covering DV with “an Outperform” recommendation on January 09, 2024. Morgan Stanley started covering the stock on December 13, 2023. It rated DV as “an Overweight”.
Price Performance Review of DV
On Friday, DoubleVerify Holdings Inc [NYSE:DV] saw its stock fall -1.33% to $32.76. Over the last five days, the stock has lost -6.83%. DoubleVerify Holdings Inc shares have fallen nearly -10.93% since the year began. Nevertheless, the stocks have risen 5.85% over the past one year. While a 52-week high of $43.00 was reached on 02/26/24, a 52-week low of $26.23 was recorded on 03/06/24. SMA at 50 days reached $36.85, while 200 days put it at $34.29. A total of 1.59 million shares were traded, compared to the trading of 2.03 million shares in the previous session.
Levels Of Support And Resistance For DV Stock
The 24-hour chart illustrates a support level at 32.27, which if violated will result in even more drops to 31.79. On the upside, there is a resistance level at 33.36. A further resistance level may holdings at 33.96. The Relative Strength Index (RSI) on the 14-day chart is 40.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.23%. Stochastics %K at 19.29% indicates the stock is a buying.
How much short interest is there in DoubleVerify Holdings Inc?
A steep rise in short interest was recorded in DoubleVerify Holdings Inc stocks on Mar 15, 2024, growing by 100000.0 shares to a total of 5.52 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 5.42 million shares. There was a rise of 1.81%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.70% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.1.
The most recent change occurred on September 27, 2023 when Macquarie began covering the stock and recommended ‘”a Neutral”‘ rating along with a $30 price target.
