DoubleVerify Holdings Inc’s recent filing unveils that its Chief Financial Officer Allais Nicola T unloaded Company’s shares for reported $33034.0 on Jun 18 ’24. In the deal valued at $18.73 per share,1,764 shares were sold. As a result of this transaction, Allais Nicola T now holds 77,314 shares worth roughly $1.47 million.
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Then, Allais Nicola T sold 1,764 shares, generating $33,005 in total proceeds. Upon selling the shares at $18.71, the Chief Financial Officer now owns 77,314 shares.
Before that, Allais Nicola T sold 1,764 shares. DoubleVerify Holdings Inc shares valued at $31,541 were divested by the Chief Financial Officer at a price of $17.88 per share. As a result of the transaction, Allais Nicola T now holds 73,030 shares, worth roughly $1.38 million.
Morgan Stanley downgraded its DoubleVerify Holdings Inc [DV] rating to an Equal-weight from a an Overweight in a research note published on June 25, 2024; the price target was decreased to $21 from $40. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “an Underperform”. KeyBanc Capital Markets also remained covering DV and has decreased its forecast on May 08, 2024 with a “Sector weight” recommendation from previously “an Overweight” rating. Macquarie revised its rating on March 11, 2024. It rated DV as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of DV
On Tuesday, DoubleVerify Holdings Inc [NYSE:DV] saw its stock fall -0.52% to $18.95. Over the last five days, the stock has gained 0.91%. DoubleVerify Holdings Inc shares have fallen nearly -48.48% since the year began. Nevertheless, the stocks have fallen -49.20% over the past one year. While a 52-week high of $43.00 was reached on 02/26/24, a 52-week low of $17.50 was recorded on 06/04/24. SMA at 50 days reached $22.65, while 200 days put it at $30.77. A total of 2.58 million shares were traded, compared to the trading of 5.03 million shares in the previous session.
Levels Of Support And Resistance For DV Stock
The 24-hour chart illustrates a support level at 18.65, which if violated will result in even more drops to 18.36. On the upside, there is a resistance level at 19.14. A further resistance level may holdings at 19.34. The Relative Strength Index (RSI) on the 14-day chart is 42.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.17%. Stochastics %K at 82.48% indicates the stock is a selling.
The most recent change occurred on January 11, 2024 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $47 price target.
