Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. DoubleVerify Holdings Inc shares valued at $42,469 were sold by Allais Nicola T on Dec 18 ’24. At $20.51 per share, Allais Nicola T sold 2,071 shares. The insider’s holdings dropped to 85,882 shares worth approximately $1.65 million following the completion of this transaction.
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Also, Allais Nicola T sold 1,667 shares, netting a total of over 33,443 in proceeds. Following the sale of shares at $20.06 each, the insider now holds 85,882 shares.
Before that, Allais Nicola T had sold 2,220 shares from its account. In a trade valued at $45,368, the Chief Financial Officer traded DoubleVerify Holdings Inc shares for $20.44 each. Upon closing the transaction, the insider’s holdings decreased to 2,220 shares, worth approximately $1.57 million.
As published in their initiating research note from Raymond James on December 18, 2024, DoubleVerify Holdings Inc [DV] has been an Outperform and the price target has been revised to $25. Analysts at Scotiabank started covering the stock with ‘”a Sector outperform”‘ outlook in a report released in early December. As of October 29, 2024, Wells Fargo has initiated its “an Underweight” rating for DV. Earlier on June 25, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for DV stock which previously was a “an Overweight”.
Analyzing DV Stock Performance
During the last five days, there has been a drop of approximately -2.53%. Over the course of the year, DoubleVerify Holdings Inc shares have jumped approximately 0.26%. Shares of the company reached a 52-week high of $19.67 on 01/02/25 and a 52-week low of $19.15 on 01/02/25. A 50-day SMA is recorded $19.38, while a 200-day SMA reached $21.18. Nevertheless, trading volume fell to 1.81 million shares from 2.05 million shares the previous day.
Support And Resistance Levels for DoubleVerify Holdings Inc (DV)
According to the 24-hour chart, there is a support level at 19.05, which, if violated, would cause prices to drop to 18.83. In the upper region, resistance lies at 19.57. The next price resistance is at 19.88. RSI (Relative Strength Index) is 42.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.46, which suggests the price will decrease in the coming days. Percent R is at 91.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
