Arohi Asset Exits a Big Software Bet by Selling 1.7M DoubleVerify (DV) Shares Worth $20.6 Million

Company Overview - DoubleVerify Holdings, Inc. is a leading provider of digital media measurement and analytics solutions, enabling advertisers and publishers to enhance the effectiveness and quality of their digital advertising investments [2] - The company integrates with programmatic platforms, connected TV, and social media channels, serving global brands and digital publishers across various sectors such as consumer packaged goods, financial services, technology, automotive, and healthcare [3] Financial Performance - As of February 18, 2026, DoubleVerify's shares were priced at $9.58, down 58.5% over the past year, underperforming the S&P 500 by 70.74 percentage points [4] - In the first nine months of 2025, the company's top-line revenue grew by 16% year over year, but expenses rose even faster, leading to a 35% year-over-year decline in net income to just $21.3 million [5] Recent Developments - DoubleVerify is anticipating increased demand from advertisers who are increasingly relying on TV streaming, having launched its new DV Authentic Streaming TV solution in January [6] - Arohi Asset Management completely exited its position in DoubleVerify, selling all 1,717,770 shares during the fourth quarter for an estimated transaction value of $20.58 million [4][10]