Integral Ad Science (NASDAQ:IAS) Shares Up 10.4% – What’s Next?

Integral Ad Science Holding Corp. (NASDAQ:IAS)’s share price shot up 10.4% during mid-day trading on Friday . The stock traded as high as $12.45 and last traded at $11.72. 1,922,343 shares changed hands during mid-day trading, an increase of 39% from the average session volume of 1,386,821 shares. The stock had previously closed at $10.62.

Analyst Ratings Changes

Several analysts recently weighed in on IAS shares. Morgan Stanley boosted their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 23rd. Barclays upped their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Raymond James lifted their target price on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $16.40.

Integral Ad Science Trading Up 9.0 %

The company has a market capitalization of $1.86 billion, a P/E ratio of 1,158.00, a PEG ratio of 1.25 and a beta of 1.54. The business has a fifty day moving average of $10.96 and a 200-day moving average of $10.23. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.76 and a current ratio of 3.76.

Integral Ad Science (NASDAQ:IAS) last posted its earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The company had revenue of $129.01 million during the quarter, compared to the consensus estimate of $126.31 million. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 earnings per share. Analysts anticipate that Integral Ad Science Holding Corp. will post 0.29 earnings per share for the current fiscal year.

Insider Activity at Integral Ad Science

In other news, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $52,976.40. Following the completion of the sale, the chief financial officer now owns 248,223 shares in the company, valued at $2,509,534.53. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Lisa Utzschneider sold 10,481 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the sale, the chief executive officer now directly owns 239,709 shares of the company’s stock, valued at $2,423,457.99. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the transaction, the chief financial officer now directly owns 248,223 shares in the company, valued at $2,509,534.53. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,357 shares of company stock valued at $342,409 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

Several hedge funds have recently added to or reduced their stakes in IAS. Vanguard Group Inc. raised its holdings in shares of Integral Ad Science by 7.0% in the 1st quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after purchasing an additional 566,982 shares during the period. Clearbridge Investments LLC lifted its position in shares of Integral Ad Science by 11.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock valued at $38,949,000 after buying an additional 412,044 shares during the last quarter. TimesSquare Capital Management LLC increased its holdings in Integral Ad Science by 9.9% in the 1st quarter. TimesSquare Capital Management LLC now owns 2,969,278 shares of the company’s stock worth $29,604,000 after acquiring an additional 268,310 shares during the last quarter. abrdn plc raised its stake in Integral Ad Science by 12.5% in the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after acquiring an additional 237,930 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in Integral Ad Science by 4.7% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,246,556 shares of the company’s stock valued at $12,428,000 after purchasing an additional 55,844 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

About Integral Ad Science

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.