Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $16.20.

IAS has been the subject of several analyst reports. Morgan Stanley increased their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 23rd. Barclays boosted their price target 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 Monday, August 5th. Benchmark restated a “hold” rating on shares of Integral Ad Science in a research report on Monday, August 5th. Oppenheimer decreased their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Raymond James raised their price target on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd.

Insider Transactions at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 10,481 shares of the stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the sale, the chief executive officer now directly owns 239,709 shares of the company’s stock, valued at approximately $2,423,457.99. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, CFO Tania Secor sold 6,643 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.24, for a total transaction of $74,667.32. Following the completion of the transaction, the chief financial officer now directly owns 251,366 shares of the company’s stock, valued at $2,825,353.84. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction on Monday, October 7th. The shares were 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 in the company, valued at $2,423,457.99. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,006 shares of company stock worth $240,296 over the last 90 days. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Integral Ad Science

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jupiter Asset Management Ltd. purchased a new stake in shares of Integral Ad Science during the first quarter worth about $3,257,000. Clearline Capital LP purchased a new stake in Integral Ad Science during the 2nd quarter worth approximately $916,000. abrdn plc raised its holdings in shares of Integral Ad Science by 12.5% during the third 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 last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Integral Ad Science by 4.7% in 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 acquiring an additional 55,844 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of Integral Ad Science by 11.8% in the first quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock worth $38,949,000 after acquiring an additional 412,044 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Integral Ad Science Stock Down 11.6 %

Shares of NASDAQ:IAS traded down $1.46 during trading on Wednesday, hitting $11.16. The stock had a trading volume of 518,751 shares, compared to its average volume of 1,384,526. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. Integral Ad Science has a 12 month low of $7.98 and a 12 month high of $17.53. The company has a market capitalization of $1.80 billion, a PE ratio of 1,124.12, a PEG ratio of 1.91 and a beta of 1.52. The firm’s fifty day moving average is $11.13 and its 200 day moving average is $10.46.

Integral Ad Science (NASDAQ:IAS) last posted its earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The business had revenue of $133.50 million during the quarter, compared to analyst estimates of $138.06 million. During the same quarter last year, the company earned ($0.09) EPS. The company’s quarterly revenue was up 11.0% compared to the same quarter last year. Analysts anticipate that Integral Ad Science will post 0.23 EPS for the current fiscal year.

Integral Ad Science Company Profile

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.