17,941 Shares in Integral Ad Science Holding Corp. (NASDAQ:IAS) Purchased by Cornerstone Investment Partners LLC

Cornerstone Investment Partners LLC acquired a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,941 shares of the company’s stock, valued at approximately $187,000.

Several other hedge funds have also added to or reduced their stakes in IAS. US Bancorp DE lifted its holdings in Integral Ad Science by 540.9% during the third quarter. US Bancorp DE now owns 35,776 shares of the company’s stock valued at $387,000 after purchasing an additional 30,194 shares during the last quarter. Stoneridge Investment Partners LLC purchased a new stake in shares of Integral Ad Science during the 3rd quarter valued at approximately $125,000. TimesSquare Capital Management LLC lifted its stake in shares of Integral Ad Science by 0.6% during the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock valued at $29,970,000 after buying an additional 17,166 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in Integral Ad Science in the 3rd quarter worth approximately $281,000. Finally, Quest Partners LLC grew its stake in Integral Ad Science by 101,255.9% in the 3rd quarter. Quest Partners LLC now owns 34,461 shares of the company’s stock valued at $373,000 after buying an additional 34,427 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Piper Sandler lowered their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. Morgan Stanley raised their price objective on shares of Integral Ad Science from $13.00 to $13.50 and gave the company an “equal weight” rating in a research report on Monday. Barclays reaffirmed an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Scotiabank began coverage on shares of Integral Ad Science in a report on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price target for the company. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $15.06.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total transaction of $132,073.28. Following the sale, the chief executive officer now owns 278,650 shares in the company, valued at approximately $2,956,476.50. This trade represents a 4.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have sold 19,109 shares of company stock worth $197,696. Company insiders own 2.00% of the company’s stock.

Integral Ad Science Trading Down 2.6 %

Shares of NASDAQ IAS opened at $10.44 on Wednesday. The company has a market cap of $1.70 billion, a PE ratio of 52.20, a P/E/G ratio of 1.06 and a beta of 1.46. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The firm’s 50 day moving average price is $10.34 and its 200-day moving average price is $10.81. Integral Ad Science Holding Corp. has a 52-week low of $7.98 and a 52-week high of $13.62.

Integral Ad Science (NASDAQ:IAS) last issued its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the firm posted $0.06 EPS. On average, equities research analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Integral Ad Science 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.