DoubleVerify Holdings Inc’s filing revealed that its Chief Financial Officer Allais Nicola T unloaded Company’s shares for reported $0.16 million on Apr 24 ’24. In the deal valued at $30.86 per share,5,292 shares were sold. As a result of this transaction, Allais Nicola T now holds 73,030 shares worth roughly $2.22 million.
Then, Allais Nicola T sold 5,292 shares, generating $157,110 in total proceeds. Upon selling the shares at $29.69, the Chief Financial Officer now owns 73,030 shares.
Before that, Eddleman Julie sold 900 shares. DoubleVerify Holdings Inc shares valued at $27,765 were divested by the Global Chief Comm. Officer at a price of $30.85 per share. As a result of the transaction, Eddleman Julie now holds 139,802 shares, worth roughly $4.25 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 jump 0.10% to $30.37. Over the last five days, the stock has gained 0.46%. DoubleVerify Holdings Inc shares have fallen nearly -17.43% since the year began. Nevertheless, the stocks have risen 14.22% 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 05/01/24. SMA at 50 days reached $32.65, while 200 days put it at $33.47. A total of 1.36 million shares were traded, compared to the trading of 1.24 million shares in the previous session.
Levels Of Support And Resistance For DV Stock
The 24-hour chart illustrates a support level at 30.04, which if violated will result in even more drops to 29.71. On the upside, there is a resistance level at 30.77. A further resistance level may holdings at 31.17. The Relative Strength Index (RSI) on the 14-day chart is 42.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.59%. Stochastics %K at 36.88% indicates the stock is a holding.
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.
