Understanding Momentum Shifts in (DV)
This article analyzes Doubleverify Holdings Inc. (NYSE: DV) stock, highlighting strong near-term sentiment that could challenge persistent mid and long-term weakness. It identifies support being tested and an exceptional risk-reward setup targeting an 18.5% gain versus 0.3% risk. The piece also details institutional trading strategies including position trading, momentum breakout, and risk hedging, alongside a multi-timeframe signal analysis.
DoubleVerify Holdings, Inc. (DV) stock price, news, quote and history
This Yahoo Finance page provides a comprehensive overview of DoubleVerify Holdings, Inc. (DV). It includes current stock price, after-hours trading data, historical performance charts, key financial statistics, company overview, recent news, analyst insights, and earnings trends. The page also offers comparable stock metrics for other advertising agencies.
DoubleVerify (NYSE: DV) CEO vests 13,476 RSUs; 7,453 shares withheld
DoubleVerify Holdings, Inc. CEO Mark Zagorski recently vested 13,476 restricted stock units (RSUs), which converted into an equal number of common shares. To cover tax withholding obligations, 7,453 of these shares were withheld at $9.50 per share, equivalent to $71,000, rather than being sold in the open market. Following these compensation-related transactions, Mr. Zagorski directly holds 546,742 shares of DoubleVerify common stock.
DV Earning Date, Earning Analysis and Earning Prediction
This article provides an earnings analysis and prediction for DV, including past quarterly results, future forecasts, and the correlation between earnings revisions and stock price movements. It highlights key financial figures, analyst estimates for revenue and EPS for 2026/Q1, and historical stock reactions to earnings reports. The piece also summarizes the sentiment from DoubleVerify Holdings Inc (DV) Q4 2025 earnings call, indicating strong financial performance and a positive outlook.
As Digital Ad Spend Hits a High, These Firms Could Reap Rewards
The digital advertising market is projected to triple to $1.6 trillion in the next decade, driven by AI and other innovations, creating opportunities for new players. Magnite (MGNI), DoubleVerify (DV), and Zeta Global (ZETA) are highlighted as companies poised to benefit from this growth. These firms are experiencing significant revenue increases and offer unique services like connected TV ad sales, ad fraud detection, and AI-driven ad targeting, making them attractive investments at current valuations.
DV PE Ratio & Valuation, Is DV Overvalued
Doubleverify Holdings Inc (DV) is currently in the "Fair zone" with a forward PE ratio of 10.25, significantly lower than its five-year average of 40.58. While its current Price-to-Book ratio is 1.63, a 57.11% increase from its 3-year average, its Forward Free Cash Flow yield of 8.03% is considerably higher than its historical averages. The article also notes that DV's P/S ratio appears unsustainable given its 7.85% revenue growth compared to competitors.
Fort Washington Investment Advisors Inc. OH Raises Holdings in DoubleVerify Holdings, Inc. $DV
Fort Washington Investment Advisors Inc. OH increased its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by 13.9% in the fourth quarter, acquiring an additional 229,700 shares. This brings their total holdings to 1,882,832 shares, valued at approximately $21.54 million. Despite this increased institutional interest, DoubleVerify missed Q4 earnings and revenue expectations, leading to a 5% drop in its stock price at market open, though analysts maintain a "Moderate Buy" rating with an average price target of $16.
DoubleVerify Holdings, Inc. $DV Shares Acquired by JPMorgan Chase & Co.
JPMorgan Chase & Co. significantly increased its stake in DoubleVerify Holdings, Inc. ($DV) during the third quarter, acquiring 28.7% more shares. Several other institutional investors also boosted their holdings or initiated positions, resulting in 97.29% institutional ownership. Despite this, DoubleVerify missed EPS and revenue expectations in its latest earnings report, leading to a "Moderate Buy" consensus rating with an average $16 target price while trading near $9.34.
Riverbridge Partners LLC Reduces Stock Position in DoubleVerify Holdings, Inc. $DV
Riverbridge Partners LLC reduced its stake in DoubleVerify Holdings, Inc. by 18.7% in Q4, selling 382,493 shares and holding 1,661,695 shares valued at $19.01 million. This reduction comes as DoubleVerify missed analyst earnings and revenue estimates for its latest quarter, despite a 7.9% year-over-year revenue increase. The company maintains high institutional ownership and a "Moderate Buy" analyst consensus with an average target price of $15.88.
Vanguard disaggregates holdings; reports 0 DV shares (DV)
Vanguard has filed an amended Schedule 13G/A, reporting 0 shares and 0% beneficial ownership of DoubleVerify Holdings Inc (DV) Common Stock. This change is due to an internal realignment within The Vanguard Group, where certain subsidiaries will now report beneficial ownership separately, as per SEC Release No. 34-39538. This adjustment does not reflect a sale or purchase of shares but rather a restructuring of reporting responsibilities.
Assenagon Asset Management S.A. Sells 354,323 Shares of DoubleVerify Holdings, Inc. $DV
Assenagon Asset Management S.A. reduced its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by 9.8% in Q4, selling 354,323 shares and retaining 3,268,126 shares valued at approximately $37.39 million. This transaction represents about 2.03% ownership of the company. DoubleVerify recently missed quarterly earnings and revenue estimates, reporting $0.31 EPS against an expected $0.33, and $205.59 million in revenue versus $208.77 million anticipated.
Streaming TV ads get show-level reporting in DoubleVerify pact
DoubleVerify and Spectrum Reach have partnered to enhance transparency in streaming TV advertising by providing program-level reporting. Spectrum Reach is the first to join DV’s Certified Transparent Streaming program, offering advertisers verified show- and episode-level data for news, live sports, and local programming. This collaboration aims to give advertisers better insights into where their ads run, enabling more effective campaign optimization, while maintaining user privacy through clean room infrastructure.
Penbrook Management LLC Buys Shares of 102,910 DoubleVerify Holdings, Inc. $DV
Penbrook Management LLC acquired a new stake of 102,910 shares in DoubleVerify Holdings, Inc. (NYSE:DV) during Q4, valued at approximately $1.18 million. Despite analysts issuing a "Moderate Buy" consensus, DoubleVerify recently missed quarterly earnings expectations, reporting an EPS of $0.31 against an anticipated $0.33, and revenue of $205.6 million versus an expected $208.8 million. The company's stock is currently trading near $10 with a market capitalization of $1.63 billion.
DoubleVerify outlines 8%–10% revenue growth target for 2026 while accelerating AI and social product innovation
DoubleVerify has set a revenue growth target of 8%–10% for 2026, alongside an accelerated push into AI and social media product innovation. This strategic direction aims to strengthen the company's position in the digital advertising verification market. The focus on AI and social platforms is expected to drive future growth and enhance its product offerings.
DoubleVerify (DV) CCO gains shares from RSU, PSU vesting and grant
DoubleVerify Holdings, Inc.'s Global Chief Commercial Officer, Steven John Mougis, reported equity compensation activity, including the vesting of restricted and performance stock units, and a new RSU grant. On March 15, 2026, 47,749 shares vested with 17,220 shares withheld for taxes at $10.21 per share. Additionally, on March 12, 2026, Mougis received a new grant of 112,500 restricted stock units, and now directly owns 66,591 shares after these transactions.
DoubleVerify (NYSE: DV) CFO reports major RSU grant and share vesting
DoubleVerify Holdings, Inc. CFO Nicola T. Allais reported receiving a grant of 180,000 restricted stock units on March 12, 2026. Additionally, portions of previous RSU and PSU awards vested on March 15, 2026, leading to the withholding of 23,513 shares at $10.21 each to cover tax obligations. Following these transactions, Allais directly owns 156,674 shares of DoubleVerify common stock.
DoubleVerify (DV) CEO logs RSU, PSU vesting and tax share withholding
DoubleVerify Holdings, Inc. CEO Mark Zagorski reported routine equity-compensation activity, including a new grant of 275,000 restricted stock units on March 12, 2026. On March 15, 2026, multiple tranches of previously granted restricted stock units and performance stock units vested, converting into a total of 118,681 common shares. To cover tax withholding obligations, 57,173 shares were withheld at $10.21 per share.
DoubleVerify (DV) CLO gains 43,192 shares as RSUs and PSUs vest
DoubleVerify Holdings, Inc.'s Chief Legal Officer, Andrew E. Grimmig, reported significant equity compensation activity. He received a grant of 146,250 restricted stock units on March 12, 2026, and on March 15, 2026, various previously granted RSUs and PSUs vested, converting into 43,192 shares of common stock. Following these transactions, Grimmig directly owns 142,689 shares, with additional awards set to vest quarterly, further aligning his compensation with the company's performance.
Insiders at DoubleVerify Holdings, Inc. (NYSE:DV) Sold US$18m of Stock Over the Past Year
Fortress Investment Group LLC has made a new investment in DoubleVerify Holdings, Inc. ($DV), purchasing 473,152 shares valued at approximately $5.67 million. This investment positions DoubleVerify as the 24th largest holding in Fortress's portfolio, representing 0.29% of the company's outstanding shares. Other institutional investors have also increased their stakes, with overall institutional ownership very high at 97.29%.
Algert Global LLC Purchases 465,913 Shares of DoubleVerify Holdings, Inc. $DV
Algert Global LLC significantly increased its stake in DoubleVerify Holdings, Inc. by purchasing an additional 465,913 shares, bringing its total to over 1.1 million shares. This move is part of broader institutional investor activity in DV stock, with several hedge funds adjusting their positions. Despite missing quarterly earnings estimates, analysts generally maintain a "Moderate Buy" rating for DoubleVerify, with an average price target of $15.88.
DoubleVerify Holdings (DV) Gets a Buy from RBC Capital
RBC Capital analyst Matthew Swanson maintained a Buy rating on DoubleVerify Holdings (DV) with a $14 price target. This follows DoubleVerify reporting quarterly revenue of $205.59 million and a net profit of $29.33 million for the quarter ending December 31, surpassing the previous year's figures. Despite the positive rating, other firms like Barclays have maintained a Hold rating on the stock, and several analysts recently lowered their price targets for DV.
Magnetar Financial LLC Buys New Stake in DoubleVerify Holdings, Inc. $DV
Magnetar Financial LLC has acquired a new position in DoubleVerify Holdings, Inc. (NYSE:DV), purchasing 179,557 shares valued at approximately $2.15 million. This stake represents about 0.11% of DoubleVerify's shares, while other institutional investors collectively own 97.29% of the company's stock. Analysts have a "Moderate Buy" consensus rating for DoubleVerify with a target price of $15.88, despite the company missing its recent quarterly EPS estimates.
Discipline and Rules-Based Execution in DV Response
This article analyzes Doubleverify Holdings Inc. (NYSE: DV) using AI models to provide trading strategies. It highlights a near-term weak sentiment that could test mid-term strength within a broader long-term weak bias, noting a strong risk-reward setup. The analysis offers specific entry, target, and stop-loss zones for position trading, momentum breakout, and risk hedging strategies, based on multi-timeframe signal analysis.
DoubleVerify (NYSE: DV) CEO earns 145,458 performance stock units after goals met
DoubleVerify Holdings, Inc.'s CEO, Mark Zagorski, has been granted 145,458 performance stock units (PSUs) after performance conditions were met, as reported in a recent SEC Form 4 filing. These PSUs will convert into an equal number of common stock shares on a one-for-one basis. The vesting schedule dictates that 41.67% of the earned shares will vest on March 15, 2026, with the remaining shares vesting in quarterly increments of 8.33%.
DoubleVerify (NYSE: DV) CCO earns 10,101 performance stock units after targets met
DoubleVerify Holdings, Inc. (NYSE: DV) Global Chief Communications Officer Steven John Mougis was granted 10,101 performance stock units. These units were earned after performance conditions from a March 31, 2025 award were certified on March 10, 2026. The units convert to common shares on a one-for-one basis, with a structured vesting schedule beginning March 15, 2026.
3 Stocks Under $50 We Approach with Caution
This article identifies three stocks under $50—DoubleVerify (DV), Steven Madden (SHOO), and ASGN (ASGN)—that investors should approach with caution due to various concerns such as slow revenue growth, eroding returns, and weak demand. It highlights specific financial metrics and business challenges for each company that warrant investor vigilance. The article also briefly promotes StockStory's growth stock recommendations.
Dynamic Technology Lab Private Ltd Purchases New Position in DoubleVerify Holdings, Inc. $DV
Dynamic Technology Lab Private Ltd recently acquired a new stake of 118,475 shares in DoubleVerify Holdings, Inc. (NYSE:DV), valued at approximately $1.42 million. This move is part of a broader trend of institutional investment, with various hedge funds also increasing or initiating positions in DoubleVerify, bringing total institutional ownership to about 97.29%. Despite missing recent quarterly earnings and revenue estimates, DoubleVerify saw its revenue grow by 7.9% year-over-year and maintains a "Moderate Buy" consensus rating from analysts.
Crossmark Global Holdings Inc. Increases Stock Holdings in DoubleVerify Holdings, Inc. $DV
Crossmark Global Holdings Inc. significantly increased its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by 2,633.8% in the third quarter, now owning 307,031 shares worth $3.68 million. Despite institutional investors holding approximately 97.29% of the stock, DoubleVerify recently missed Q3 earnings expectations with $0.31 EPS and $205.6M revenue, though revenue grew 7.9% year-over-year. Analysts generally view the stock as a "Moderate Buy" with a consensus target price of $15.88.
Intech Investment Management LLC Sells 93,964 Shares of DoubleVerify Holdings, Inc. $DV
Intech Investment Management LLC has significantly reduced its stake in DoubleVerify Holdings, Inc. (NYSE:DV) by selling 93,964 shares, representing a 46.1% cut. Despite this, institutional ownership remains high at 97.29%, with other major institutions like JPMorgan Chase & Co. increasing their positions. DoubleVerify recently missed quarterly earnings and revenue estimates, reporting $0.31 EPS against an expected $0.33, while analysts maintain a "Moderate Buy" rating with a consensus target price of $15.88.
Insider Sell: Andrew Grimmig Sells Shares of DoubleVerify Holdin
Andrew Grimmig, Chief Legal Officer of DoubleVerify Holdings Inc (DV), sold 1,000 shares of the company on March 2, 2026, reducing his total holdings to 99,497 shares. This transaction follows a pattern of 10 insider sells against 2 buys for DV over the past year. The stock, trading at $10.31, is considered significantly undervalued with a price-to-GF-Value ratio of 0.37.
Why DoubleVerify (DV) Stock Is Trading Up Today
DoubleVerify (DV) stock rose 4.6% after the company presented its strategic overview and financial outlook at the Morgan Stanley Technology, Media & Telecom Conference. The digital ad verification company projected revenue growth of 8% to 10% for 2026, driven by new products and customer acquisition, and detailed plans for diversification and expansion into social media and Connected TV. This positive outlook follows a recent announcement of a record $300 million share repurchase program, which had previously overshadowed mixed fourth-quarter earnings.
DoubleVerify Holdings Hits Day High with 10.6% Surge Amid Market Decline
DoubleVerify Holdings, Inc. experienced a significant 10.6% stock surge, hitting an intraday high of USD 10.60, contrasting with a slight S&P 500 decline. Despite recent weekly gains, the software products company shows notable long-term declines over the past year and three years, reflecting ongoing market volatility. The article highlights its market capitalization of USD 1,545 million and a P/E ratio of 34.00, suggesting that despite the day's positive movement, overall performance has lagged the broader market.
First Eagle Investment Management LLC Acquires Shares of 337,500 DoubleVerify Holdings, Inc. $DV
First Eagle Investment Management LLC has acquired 337,500 shares of DoubleVerify Holdings, Inc. (NYSE:DV) in the third quarter, a new position valued at approximately $4.04 million. This acquisition makes First Eagle Investment Management LLC the owner of about 0.21% of DoubleVerify. The company recently missed earnings estimates but saw a 7.9% year-over-year increase in revenue, and analysts currently rate the stock as a "Moderate Buy" with an average target price of $15.88.
Elo Mutual Pension Insurance Co Boosts Stock Position in DoubleVerify Holdings, Inc. $DV
Elo Mutual Pension Insurance Co significantly increased its stake in DoubleVerify Holdings, Inc. by 378.0% in the third quarter, now owning 141,027 shares worth $1.69 million. Other institutional investors have also made substantial moves in DV shares, with institutional ownership currently at 97.29%. Analysts have set a "Moderate Buy" consensus rating with an average target price of $15.88 for DoubleVerify, despite the company missing earnings per share estimates in its latest quarterly report.
DoubleVerify at Morgan Stanley Conference: Strategic Growth Insights
DoubleVerify (NYSE:DV) presented at the Morgan Stanley Technology, Media & Telecom Conference 2026, highlighting its strong position in ad verification with 9.5 trillion transactions processed last year and targeting 34% EBITDA margin and 8-10% revenue growth for 2026. The company sees significant growth opportunities in social media and CTV, driven by products like Authentic Streaming TV and AI investments. DoubleVerify also addressed the diversification of its client base and the integration of Scibids to enhance its product offerings and competitive edge.
DoubleVerify Holdings, Inc. Experiences Valuation Adjustment Amid Competitive Market Dynamics
DoubleVerify Holdings, Inc. has adjusted its valuation, with its current price at $10.54, reflecting a significant decline over the past year despite a recent increase from its previous close. The company's financial metrics, including a P/E ratio of 34 and an EV to EBITDA of 11.97, indicate competitive positioning within the software products industry but also suggest potential for improvement compared to its peers. This valuation revision highlights the ongoing market dynamics and competitive pressures faced by DoubleVerify.
Why DoubleVerify (DV) Is Up 11.0% After New Buyback, AI Push and 2026 Outlook
DoubleVerify (DV) shares rose 11.0% following its late-February 2026 report, which detailed full-year 2025 revenue of US$748.29 million, net income of US$50.65 million, and 2026 revenue guidance between US$810 million and US$826 million. The company also authorized a new US$300 million share repurchase program and emphasized product-led growth in Social, Streaming TV, and AI to drive future revenue and improve operational efficiency. Analysts' 2028 projections for DoubleVerify vary, with some more optimistic on AI adoption outweighing privacy and platform power risks.
Vanguard Group Inc. Has $172.71 Million Stake in DoubleVerify Holdings, Inc. $DV
Vanguard Group Inc. reduced its stake in DoubleVerify Holdings, Inc. by 2.8% in the third quarter, now holding 14,416,563 shares valued at $172.71 million, representing approximately 8.81% of the company. Despite the reduction, analysts have a mixed view, with a consensus "Hold" rating and an average price target of $15.88. DoubleVerify recently reported an EPS of $0.31, missing estimates, and revenue of $205.59 million, which was below expectations but still marked a 7.9% year-over-year increase.
Andra AP fonden Buys Shares of 157,720 DoubleVerify Holdings, Inc. $DV
Andra AP fonden has acquired a new stake of 157,720 shares in DoubleVerify Holdings, Inc. (NYSE:DV), valued at approximately $1.89 million, representing 0.10% of the company. This comes as DoubleVerify reported mixed Q4 2025 results, slightly missing EPS and revenue estimates but announcing a $300 million share-repurchase program and forecasting 8-10% revenue growth for 2026, alongside accelerated AI and social-product initiatives. Institutional investors collectively own 97.29% of the company's stock.
DoubleVerify Holdings, Inc. (NYSE:DV) Receives Average Rating of "Hold" from Brokerages
DoubleVerify Holdings, Inc. (NYSE:DV) has received an average "Hold" rating from nineteen brokerages, with an average one-year target price of $15.94. The company recently reported Q4 results that slightly missed Street estimates for EPS and revenue, and its Q1 and FY2026 revenue guidance also came in below consensus, creating near-term uncertainty. Despite this, DoubleVerify highlighted strong profitability in 2025 with adjusted EBITDA of $245.6M and a new $300 million share repurchase program, alongside a projected 8%-10% revenue growth for 2026, driven by AI and social-product innovation.
DoubleVerify Holdings, Inc. (NYSE:DV) Q4 2025 Earnings Call Transcript
DoubleVerify Holdings, Inc. (NYSE:DV) reported Q4 2025 earnings with 8% year-over-year revenue growth and a 38% adjusted EBITDA margin, despite retail softness and customer campaign pullbacks. The company highlighted strong growth in social and streaming TV measurement, and significant investments in AI-driven solutions to expand its market presence. DoubleVerify anticipates continued growth in 2026, driven by new product adoption, expansion within existing customer relationships, and new customer acquisitions, alongside increased profitability and a substantial share repurchase authorization.
DoubleVerify Holdings, Inc. $DV Shares Purchased by Crestwood Capital Management L.P.
Crestwood Capital Management L.P. increased its stake in DoubleVerify Holdings, Inc. by 18.8% in Q3, making it their 6th largest holding. Despite DoubleVerify missing Q4 earnings and revenue estimates and providing lower-than-consensus guidance for FY2026/Q1, the company authorized a $300 million share buyback and showed strong 2025 cash generation. Shares were trading up 11.0%, but analysts have a mixed view, with an average "Hold" rating and a consensus price target of $15.94 following some price target cuts.
DoubleVerify Q4 2025 Earnings Report: Revenue and EPS Miss Estimates - News and Statistics
DoubleVerify Holdings Inc. announced its financial results for Q4 and the full year 2025, with both revenue and adjusted earnings per share (EPS) falling short of analyst expectations. The company reported a Q4 net income of $29.3 million (18 cents per share) and adjusted EPS of 31 cents, compared to analyst anticipation of 33 cents. Quarterly revenue was $205.6 million, missing forecasts, while full-year net profit reached $50.7 million on $748.3 million in revenue.
DoubleVerify Holdings, Inc. Q4 Income Climbs
DoubleVerify Holdings, Inc. (DV) reported a significant increase in its Q4 income, with net income rising to $29.3 million, or $0.18 per share, compared to $23.4 million, or $0.14 per share, in the prior year. Adjusted earnings reached $51.6 million, or $0.31 per share. The company's revenue also saw a healthy increase of 7.9%, reaching $205.6 million from $190.6 million last year, and it provided a revenue guidance for the next quarter between $177 million and $183 million.
Why Is DoubleVerify (DV) Stock Rocketing Higher Today
Shares of DoubleVerify (DV) rose 9.7% after the company announced a record $300 million share repurchase program, which offset a mixed fourth-quarter earnings report. Despite revenue falling short of analysts' expectations, the buyback signaled strong confidence in its long-term growth and commitment to returning capital to shareholders. The company projects 8% to 10% revenue growth for 2026, while its stock has been volatile and is trading significantly below its 52-week high.
DoubleVerify (NYSE:DV) Misses Q4 CY2025 Sales Expectations
DoubleVerify (NYSE:DV) missed Q4 CY2025 revenue expectations with sales rising 7.9% year-on-year to $205.6 million, though its GAAP profit beat estimates. The company provided Q1 CY2026 revenue and EBITDA guidance that is roughly in line with analyst expectations, but analysts foresee a deceleration in revenue growth over the next year. The article highlights concerns about the company's customer acquisition efficiency and overall financial performance despite its past robust growth rates.
DoubleVerify (NYSE: DV) posts 14% 2025 growth and $300M buyback
DoubleVerify (NYSE: DV) reported a 14% year-over-year revenue increase to $748.3 million in 2025, driven by growth in Activation, Measurement, and Supply-Side segments. The company also announced a new $300 million share repurchase program, its largest to date, and ended the year with $259 million in cash and no debt. For 2026, DoubleVerify expects revenue growth of 8-10% and an Adjusted EBITDA margin of 34%.
DoubleVerify (DV) Reports Q4: Everything You Need To Know Ahead Of Earnings
DoubleVerify (DV) is set to report its Q4 earnings this Thursday, with analysts expecting a 9.5% year-on-year revenue increase, a slowdown from the previous year. The company has a history of missing Wall Street's revenue estimates, and advertising software peers have shown mixed results. The stock is currently down 18.1% over the last month, trading below its average analyst price target.
(DV) Movement Within Algorithmic Entry Frameworks
This article from Stock Traders Daily discusses algorithmic entry frameworks for Doubleverify Holdings Inc. (NYSE: DV), highlighting weak sentiment across all time horizons that supports a short bias. It details an exceptional short setup with a significant risk-reward ratio and outlines three distinct institutional trading strategies—Position, Momentum Breakout, and Risk Hedging—tailored for different risk profiles. The analysis includes multi-timeframe signal strengths, support, and resistance levels generated by AI models.
DoubleVerify Holdings, Inc. $DV Shares Sold by ING Groep NV
ING Groep NV significantly reduced its stake in DoubleVerify Holdings, Inc. ($DV) by 83.5% in the third quarter, selling over 420,000 shares. Despite this, institutional investors still hold a substantial 97.29% of the company's stock. Wall Street analysts currently rate DoubleVerify as a "Hold" with an average target price of $16.41.
