In a filing, DoubleVerify Holdings Inc revealed its Chief Financial Officer Allais Nicola T unloaded Company’s shares for reported $42469.0 on Dec 18 ’24. In the deal valued at $20.51 per share,2,071 shares were sold. As a result of this transaction, Allais Nicola T now holds 85,882 shares worth roughly $1.65 million.
Then, Allais Nicola T sold 1,667 shares, generating $33,443 in total proceeds. Upon selling the shares at $20.06, the Chief Financial Officer now owns 85,882 shares.
Before that, Allais Nicola T sold 2,220 shares. DoubleVerify Holdings Inc shares valued at $45,368 were divested by the Chief Financial Officer at a price of $20.44 per share. As a result of the transaction, Allais Nicola T now holds 81,598 shares, worth roughly $1.57 million.
Raymond James initiated its DoubleVerify Holdings Inc [DV] rating to an Outperform in a research note published on December 18, 2024; the price target was $25. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early December with a ‘”a Sector outperform”‘ rating. Wells Fargo began covering DV with “an Underweight” recommendation on October 29, 2024. Morgan Stanley revised its rating on June 25, 2024. It rated DV as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of DV
On Tuesday, DoubleVerify Holdings Inc [NYSE:DV] saw its stock jump 0.84% to $19.23. Over the last five days, the stock has lost -1.13%. DoubleVerify Holdings Inc shares have risen nearly 0.10% since the year began. Nevertheless, the stocks have fallen -47.49% over the past one year. While a 52-week high of $43.00 was reached on 01/08/25, a 52-week low of $16.11 was recorded on 01/13/25. SMA at 50 days reached $19.72, while 200 days put it at $20.69.
Levels Of Support And Resistance For DV Stock
The 24-hour chart illustrates a support level at 19.05, which if violated will result in even more drops to 18.86. On the upside, there is a resistance level at 19.41. A further resistance level may holdings at 19.58. The Relative Strength Index (RSI) on the 14-day chart is 45.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.49%. Stochastics %K at 10.03% 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 2024-12-31, growing by 1.32 million shares to a total of 7.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 6.6 million shares. There was a rise of 16.68%, which implies that there is a positive sentiment for the stock.