Here is Why DoubleVerify Holdings (DV) is Well-Positioned in the Market

Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. In the second quarter, its Investor Class fund ARTSX returned -21.52%, Advisor Class fund APDSX posted a return of -21.48%, and Institutional Class fund APHSX returned -21.47%, compared to a return of -19.25% for the Russell 2000 Growth Index. In addition, please check the fund’s top five holdings to know its best picks in 2022.

In the second quarter 2022 investor letter, Artisan Partners discussed stocks like DoubleVerify Holdings, Inc. (NYSE:DV). Headquartered in New York, New York, DoubleVerify Holdings, Inc. (NYSE:DV) is a software platform provider. On September 27, 2022, DoubleVerify Holdings, Inc. (NYSE:DV) stock closed at $27.06 per share. One-month return of DoubleVerify Holdings, Inc. (NYSE:DV) was 4.68% and its shares lost 23.45% of their value over the last 52 weeks. DoubleVerify Holdings, Inc. (NYSE:DV) has a market capitalization of $4.439 billion.

Here is what Artisan Partners specifically said about DoubleVerify Holdings, Inc. (NYSE:DV) in its Q2 2022 investor letter:

“DoubleVerify Holdings, Inc. (NYSE:DV) is the leading provider of data analytics that enable advertisers to increase the effectiveness, quality and return on their digital advertising investments. Instead of advertisers having to rely on each platform’s (Facebook, Twitter, Google, etc.) own unique metrics and manually trying to aggregate them into a cohesive reporting framework, DoubleVerify’s software accomplishes this in one single solution. It uses its own measurement and analytics across the advertising ecosystem, providing brands with consistency and standardization in measuring the efficacy of their digital advertising spend. This helps solve a critical problem for brands and ultimately helps drive their future ad buying decisions, which can be particularly difficult when >40% of digital ads are never seen,<5% receive more than two seconds of engagement and 15%-20% of impressions are fraud where bots emulate human views. We believe the company is well positioned to benefit from increased penetration of digital ad impressions in new channels and geographies, market share gains and upselling existing customers to more advanced and higher priced offerings.”

DoubleVerify Holdings, Inc. (NYSE:DV) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held DoubleVerify Holdings, Inc. (NYSE:DV) at the end of the second quarter which was 16 in the previous quarter.

We discussed DoubleVerify Holdings, Inc. (NYSE:DV) in another article and shared the ad-tech stocks to buy as the industry goes through upheavals. In addition, please check out our hedge fund investor letters Q2 2022 page for more investor letters from hedge funds and other leading investors.

Disclosure: None. This article is originally published at Insider Monkey.