272 Capital LP Sells 216,754 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

272 Capital LP cut its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 71.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 87,500 shares of the company's stock after selling 216,754 shares during the quarter. 272 Capital LP owned approximately 0.05% of Integral Ad Science worth $946,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. nVerses Capital LLC acquired a new position in Integral Ad Science during the 3rd quarter worth $45,000. Quantbot Technologies LP bought a new stake in shares of Integral Ad Science during the third quarter worth $106,000. XTX Topco Ltd acquired a new position in shares of Integral Ad Science during the second quarter valued at $113,000. Edgestream Partners L.P. bought a new position in Integral Ad Science in the second quarter valued at about $125,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in Integral Ad Science in the third quarter worth about $125,000. 95.78% of the stock is owned by institutional investors.

Integral Ad Science Trading Down 0.1 %

IAS stock traded down $0.01 during midday trading on Friday, hitting $11.18. 395,610 shares of the company's stock were exchanged, compared to its average volume of 1,157,659. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53. 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 company has a market cap of $1.82 billion, a PE ratio of 55.90, a price-to-earnings-growth ratio of 1.54 and a beta of 1.52. The stock's fifty day moving average price is $11.09 and its 200-day moving average price is $10.58.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The business had revenue of $133.50 million for the quarter, compared to analysts' expectations of $138.06 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science's revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.09) EPS. Research analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the business's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $52,976.40. Following the sale, the chief financial officer now owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Lisa Utzschneider sold 10,481 shares of the company's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $105,962.91. Following the transaction, the chief executive officer now directly owns 239,709 shares of the company's stock, valued at approximately $2,423,457.99. This trade represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,006 shares of company stock valued at $240,296 over the last quarter. Corporate insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Craig Hallum cut their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating on the stock in a research report on Wednesday, November 13th. Barclays increased 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 report on Monday, August 5th. Truist Financial lowered their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating for the company in a report on Wednesday, November 13th. Oppenheimer dropped their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an "outperform" rating for the company in a research report on Wednesday, November 13th. Finally, Benchmark restated a "hold" rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Integral Ad Science presently has an average rating of "Moderate Buy" and a consensus price target of $15.70.

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.