SCHEDULE 13G/A: BlackRock Discloses 14.0% Stake in DoubleVerify Holdings Inc. Common Stock
Beneficial Ownership Disclosure
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 14.0% beneficial ownership stake in DoubleVerify Holdings Inc.'s common stock as of December 31, 2024.
Summary
- BlackRock, Inc. reported beneficial ownership of 23,647,658 shares of DoubleVerify Holdings Inc. common stock.
- This ownership represents 14.0% of the class of securities.
- BlackRock, Inc. holds sole voting power over 23,130,372 shares.
- BlackRock, Inc. holds sole dispositive power over all 23,647,658 shares.
- One of BlackRock's entities, iShares Core S & P Small-Cap ETF, is identified as having an interest of more than five percent of the total outstanding common stock of DoubleVerify Holdings Inc.
- The filing is an Amendment No. 3 to a previous Schedule 13G statement.
Sentiment
Score: 5
Explanation: The document is a factual, routine regulatory filing disclosing beneficial ownership. It does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook, but rather confirms a significant institutional stake.
Positives
- The continued significant stake by a major institutional investor like BlackRock may be viewed as a vote of confidence in DoubleVerify Holdings Inc.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Management Comments
- BlackRock, Inc. certifies that, to the best of its knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.
Industry Context
This filing is a routine disclosure of an institutional investor's stake and does not provide specific industry context or trends for DoubleVerify Holdings Inc.'s business operations.
Comparison to Industry Standards
- NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
Legal Proceedings
- NA
Related Party Transactions
- NA
Stakeholder Impact
- Shareholders: The disclosure of a significant and continued stake by a major institutional investor like BlackRock may be perceived as a positive signal of long-term confidence in the company's value.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (beneficial ownership calculation date). |
| 01/21/2025 | Date of execution for the Power of Attorney document. |
| 02/05/2025 | Signature date of the Schedule 13G filing by BlackRock, Inc. |
Keywords
BlackRock, DoubleVerify Holdings Inc., Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, DV, SEC Filing
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